351 E 78th Street

Chicago, Illinois 60619

Chris J. Secaur

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Property Type
Multiple Unit (2-4)
Community Area
Greater Grand Crossing

Renovate then cash flow or renovate then live for free! This brick 4-unit in Greater Grand Crossing is an excellent investment opportunity for buyers looking to cash flow or to house-hack! Building in really good shape overall! Each unit features 2 bedrooms, 1 bathroom and hardwood floors throughout! Plenty of equity available to make the necessary renovations! Rehabbed sold comparable brick 4-unit properties within a square mile sold for an average of $382,000 within the past 6 months! After renovated each 2-bedroom unit can rent for up to $1,100 per month, this equates to $4,400 per month in rental revenue! 4 car brick garage! Huge basement with high ceilings (garden unit potential)! Located on the perfect block (across the street from a school)! Great location on the boarder of the Chatham neighborhood. Over-sized corner lot! Fenced yard! Roof only 4 years old! Hot water heater only 5 years old! Newer windows! Washer/dryer hookup in the basement! Units were updated in 2016! Separate furnaces in each unit! Great for a FHA 203k buyer! Live in one unit and let your tenants pay all your expenses! 3 units are vacant, 1 unit is occupied. Tenant does NOT currently pay rent but wants to pay rent. Tenant has a 1 bedroom CHA voucher, new owner would need to contact CHA to start collecting rent, tenant would love to stay and takes great care of her apartment. Seller is looking to sell "as is", tenant will be the new owner's responsibility. Tenants pay everything but water! Bring your renovation ideas! Take a tour! Make an offer! Won't last long!

Full Features
Exterior Type: Brick
Basement: Unfinished
Beds Above Grade: 2
Heating System: Gas
Pool: No
Age: 91-100 Years
Parking Type: Garage
Parking Spaces: 4
Room Count: 12
Water Front: No
Square Feet: N/A
Tax Amount: $3,884
Tax Year: 2018

Taxes & Assessments
Taxes: $3,884

Listing information updated 8/6/2020 at 5:43pm

Listing Office: Straight-A Realty, LLC

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Greater Grand Crossing

Neighborhoods: Hamilton Park, Park Manor, Parkway Gardens

Greater Grand Crossing is part of the Chicago South Side. Situated just south of Chicago's Loop, Chicago South has experienced rapid development in recent years, particularly in the South Loop neighborhood. Chicago South offers a wide range of housing styles,…

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School District(s)
City Of Chicago SD 299
Elementary School
Ruggles Elementary School
Middle School
Ruggles Elementary School
High School
Bowen High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

CTA Rail

at 79th (0.51 miles away)

Metra Electric Main Branch, Metra Electric South Chicago Branch, Rock Island District, South Shore

at Chatham Metra (0.97 miles away), 67th St Metra, Gresham Metra, 63rd Street and others


351 E 78th Street Chicago, Illinois 60619 is a multiple unit (2-4) currently listed at $329,000. 351 E 78th Street features 2 bedroom(s) and 1 bath(s). This multiple unit (2-4) has been listed on @properties since June 22nd, 2020 and was built in 1921. Nearby schools include Ruggles Elementary School, Bowen High School. The nearest transit stops include 79th CTA Red line, Metra Electric Main Branch Chatham Metra. Want to learn more about 351 E 78th Street Chicago, Illinois 60619? Contact an @properties agent to request more info.

© 2020 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.