Chicago, IL 60620 1818 W 78th Street
$599,000



17 more


















Presented By: @properties Commercial
Home Details
Solid, stabilized, corner brick 6-flat in popular Auburn Gresham, one block north of 79th Street at Honore and 78th Street. On a nice block with many well-cared-for bungalows in an appreciating area and near transportation, shopping and more, this building is worth adding to your portfolio. 5 units are spacious two bedroom, one bath apartments and one unit is a three bedroom, one bath. Improvements made include a new roof in 2020, and tuckpointing and lintel replacement in 2022. Some units have been recently updated. Building has an installed security system in place. Tenants pay their own heat, which means strong financial performance. There is also additional upside for a new owner in higher rents, for charging for 3 off-street parking spaces, and possibly putting in coin laundry. One unit is available for first showing purposes so book now!
Presented By: @properties Commercial
Interior Features for 1818 W 78th Street
Other Interior Features
BasementUnfinished
Total Fireplaces
General for 1818 W 78th Street
Additional Parcels Y/NNo
Cap Rate9.5
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
DirectionsDrive East or West on 79th Street to Ashland Ave (1600 West). Go North to 78th Street. Turn left (West). Property is on the NE corner of 78th and Honore.
Electric Expense293
Fuel Expense1200
Gross Income77532
Insurance Expense3800
Lot Size Square Feet3750
MLS AreaCHI - Auburn Gresham
MaintenanceExpense1800
ModificationTimestamp2025-06-16T05:07:16.875Z
Net Operating Income56892
Number Of Units Total6
Operating Expense20640
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofMembrane
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount4191
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense1104
Water Sewer Expense3000
Year Built1928
ZoningMULTI
Exterior for 1818 W 78th Street
Building Area Total5588
Foundation DetailsConcrete Perimeter
Lot Dimensions30 X 125
Additional Details
Price History
