1203 W 78th Pl

Chicago, IL 60620
  • $450,000

    Price
  • 0

    Bed
  • Bath
  • 7,379

    SqFt

About the Listing 10115 - 136317,147937

Price Reduced to Appraised Value. Welcome to your 12 Unit Opportunity on the EMERGING Auburn Gresham 79th Street Corridor! Millions of Dollars in New Development has been invested from 79th and Lowe to 79th and Ashland. ****This well maintained 12-unit building offers a prime chance to expand your portfolio while stepping into a turnkey operation. The current rents are below todays market value. Here's a glimpse into what this property has to offer. ****Nestled in the Auburn Gresham Community near bus lines, The new Metra Station, this 12-unit gem stands as a testament of opportunity, community care and pride. This property exudes a sense of reliability and longevity. ****Key Features: Appliances are Included. FORECASTED MONTHLY INCOME: 8,280 ANNUAL INCOME: 99,360 VACANCY: 4,968 EXPENSES: 49,322 and THE ASSET HAS A FAVORABLE CAPITALIZATION RATE!

Listing Highlights for 1203 W 78th Pl

Status Active
Days on Site 163
Property Type Multi-Family
MLS ® 12333403
Year Built 1923
Total Square Footage 7,379
Lot/Acreage 0.07

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Central Bldg Heat,Gas,Hot Water
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished
  • Other:
  • Water: Municipal Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 25 X 115
  • Zoning: MULTI
  • Roof: Membrane,Rubber
  • Others:
  • Sewer: Storm Sewer

Financial Details

  • Tax Amount: $12,898
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20293230040000
  • Tax Year: 2023

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1203 W 78th Pl Chicago, IL 60620

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Originating MLS: mred

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