Chicago, IL 60620,1203 W 78th PL
Chicago, IL 60620,1203 W 78th PL
Chicago, IL 60620,1203 W 78th PL
Chicago, IL 60620,1203 W 78th PL
Chicago, IL 60620,1203 W 78th PL
Chicago, IL 60620,1203 W 78th PL
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$ 480,000
Est. payment | /mo

7,379 SqFt


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$ 480,000
Est. payment | /mo
Save

7,379 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 7,379 sqft

Price per Sqft $65

MLS Listing ID 12333403

Maintenance Fees $1,200

Year Built 1923

Annual Tax Amount $12,898

Tax Year 2023

Lot Size 0.860 Acres

Lot Dimensions 25 X 115

Property Sub-Type Multi Family 5+

Property Description

Welcome to your next investment opportunity rich Auburn Gresham area of Chicago! 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. Property Description: Nestled in the Auburn Gresham Community near bus lines, shopping and the developing 79th Street Corridor, this 12-unit gem stands as a testament of good maintenance, community care and pride while Boasting a rich history of 98 years. 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!

Location

State IL

County Cook

Area Chi - Auburn Gresham

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Sewer Connected, Water Available

Roof Type Membrane,Rubber

Building

Dwelling Type Multi Family 5+

Sewer Storm Sewer

Water Municipal Water

Level or Stories 3

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Michael LaFargue • Coldwell Banker Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 772-2820

csabu@allure.realestate

1941 N Elston Ave, Chicago, IL, 60642, USA

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1203 W 78th PL