1203 W 78th Place, Chicago, IL, 60620

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$450,000
186 Days On Site

1203 W 78th Place
Chicago, IL 60620

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,379
SqFt
$61
/SqFt
1923
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty
Call Now: 877 582 4399
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877 582 4399
1203 W 78th Place1203 W 78th Place1203 W 78th Place1203 W 78th Place
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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!

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Listing Snapshot
Price 
$450,000
Days On Site 
186 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,379 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.86 Acres
Year Built 
1923
MLS® Number 
12333403
Status 
Active
Property Tax 
$12,898
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active
4 weeks agoPrice changed to $450,000
6 months agoListing first seen on site
General Features
Acres 
0.86
Additional Property Use 
Multi-Family
Foundation 
Concrete Perimeter
Number Of Stories 
3
Property Sub Type 
Multi Family
SqFt Total 
7379
Utilities 
Sewer ConnectedWater Available
Zoning 
MULTI
Interior Features
Basement 
Unfinished
Cooling 
Window Unit(s)
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Brick
Roof 
MembraneRubber
Community Features
MLS Area 
CHI - Auburn Gresham
Township 
Hyde Park
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty



Based on information submitted to the MLS GRID as of 2025-10-28 12:53 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-10-28 12:53 PM UTC
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Neighborhood & Commute
Source: Walkscore
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