IL
Cook
Chicago
60620
1203 W 78th Place
1203 W 78th Place, Chicago, IL 60620
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Listing Type
Commercial/Industrial
Listing Status
contingent
30
$470,000
Home Details for 1203 W 78th Place
Price
$470,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1923
Lot size acres
0.86
County
Cook
Garage
Basement
Unfinished
Days on site
150
MLS Listing#
12333403
Property Description
Welcome to your 12 Unit Investment opportunity in the EMERGING Auburn Gresham area of Chicago! 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, 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!
Property Features
Utilities
- Sewer Connected
- Water Available
Cooling Information
- Window Unit(s)
Basement
- Unfinished
Listing Courtesy: Coldwell Banker Realty - 312-266-7000
Based on information submitted to the MLS GRID as of 2025-09-10 07:45:56. 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 Updated: 2025-09-10 07:45:56
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Suite 7, Chicago, IL 60643Office
708 573 8801
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