Active

1818 W 78th Street

Chicago, Illinois 60620


Gwen Stark
773.983.4388

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$386,900


Square Footage
6,588
Gwen Stark
773.983.4388
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Property Type
Multiple Family
Neighborhood
Auburn Gresham


A 100% leased, six unit apartment building at the corner of 78th and Honore is available for sale. The building is divided into five 2 bedroom units and a three bedroom apartment. The building also includes a full unfinished basement which can potentially generate additional income by adding a laundry. All of the units have been updated with individually metered heat and electric. A new indoor/outdoor security camera system was added and the exterior wood seam on the windows has been replaced. The seller will also provide a substantial credit for future roof work. This property currently generates approximately $50,000 in net income with potential for a 45% cash-on-cash return.



Full Features
Basement: Unfinished
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: 6,588
Tax Amount: $4,925
Built: 1926
Stories: 3
Zoning: MULTI
Building Square Feet: 6,588
Current Net Income: $50,595
Unit 1: 4 room(s) / 2 bed(s) / 1 bath(s)
Unit 2: 5 room(s) / 3 bed(s) / 1 bath(s)


Taxes & Assessments
Taxes: $4,925

Listing Office: Millennium Properties RE, Inc.

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Auburn Gresham

Auburn Gresham 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, including…

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Nearby Public Transportation

Metra
Rock Island District, Southwest Service

at Brainerd Metra (1.48 miles away), Wrightwood Metra







1818 W 78th Street Chicago, Illinois 60620 is a multiple family property, currently listed at $386,900. Want to learn more about 1818 W 78th Street Chicago, Illinois 60620? Contact an @properties agent to request more info.


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