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1818 W 78th St

6 Unit Apartment Building $500,000 ($83,333/Unit) Chicago, IL 60620

Investment Highlights

  • Professional Offering Memorandum Available Upon Request
  • Opportunity For Investor to Add Value by Finishing Leasing on Fully Rent Ready Units
  • Individually Furnaced, Tenant Pays Heat
  • Desirable Mix of Five 2-Bedroom Units and One 3-Bedroom Unit
  • In-Place Rental Upside for Turnkey Units
  • Close Proximity to National Retailers and Dan Ryan Woods

Executive Summary

Essex Realty Group, Inc. has been exclusively engaged to market for sale 1818 W 78th St, a 6-unit multifamily property located in Chicago's Auburn Gresham neighborhood.

Property Facts

Price $500,000
Price Per Unit $83,333
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.09 AC
Building Size 6,588 SF
No. Stories 3
Year Built 1926

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - -
3+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-30-423-018-0000
Land Assessment
$1,875
Improvements Assessment
$38,125
Total Assessment
$40,000

zoning

Zoning Code RS-2
RS-2
  • Listing ID: 33971604

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 1818 W 78th St, Chicago, IL 60620

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