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Bought with Joseph Germinaro with Coldwell Banker Realty and Listed by Michael LaFargue with Coldwell Banker Realty 773-251-0760

Sold

1203 W 78th Place

1203 W 78th Place, Chicago, IL 60620

$375,000

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!

Studio

7,379 Sq.Ft. LIVING AREA

2,875 Sq.Ft. lot

Features & Amenities

Area & Lot

Status Sold
Date Sold January 15, 2026
Living Area7,379 Sq.Ft.
Total Area7,379 Sq.Ft.
Lot Area2,875 Sq.Ft.
MLS® ID12333403
TypeMulti-Family
YEAR BUILT1923

Exterior

STORIES3
water SourceMunicipal Water
utilitiesSewer Connected, Water Available
roofMembrane, Rubber
AIR CONDITIONINGWindow Unit(s)
sewerStorm Sewer
SubstructureConcrete Perimeter

Financial

Sales Price$375,000
Real Estate Tax $12,898/yr
Maintenance Fee $1,200/mo
Zoning MULTI

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Contact Details

Chaz Walters

Phone

(773) 405-8707

[email protected]

Address

1910 N Clybourn Ave Chicago, IL 60614

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