1818 W 78th Street
Chicago, IL, 60620
$599,000
Beds
0 Baths
5,588 SqFt
0 Acres
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$599,000
1818 W 78th Street
Chicago, IL, 60620
MLS #MRD12384274 img 0MLS #MRD12384274 img 1MLS #MRD12384274 img 2MLS #MRD12384274 img 3MLS #MRD12384274 img 4MLS #MRD12384274 img 5
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!

Property Details

Price:
$599,000
MLS #:
MRD12384274
Status:
Active
Beds:
0
Baths:
0
Address:
1818 W 78th Street
Type:
Commercial
Neighborhood:
CHI – Auburn Gresham
City:
Chicago
Listed Date:
Jun 10, 2025
State:
IL
Finished Sq Ft:
5,588
Total Sq Ft:
5,588
ZIP:
60620
Year Built:
1928

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick
Roof
Membrane

Financial

Maintenance Fee
$1,800
Net Operating Income
$56,892
Tax Year
2023
Taxes
$4,191
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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1818 W 78th Street
Chicago, IL