1818 W 78th St - Apartments FOR SALE


Chicago, IL 60620- Gresham
$599,000 USD
773-862-0200
1818 W 78th St, Chicago, IL for Sale
$599,000 USD
Apartments - FOR SALE
1/15
null | 9.5% Cap Rate

1818 W 78th St
Chicago, IL 60620
Gresham


HIGHLIGHTS

  • Great location in area with increasing rents.
  • Stabilized with plenty of upside.
  • Recent updates and repairs - lintels, tuckpointing, roof.
  • Owner willing to consider financing for a qualified buyer.

OVERVIEW

Solid, stabilized 6 flat in upcoming Auburn Gresham. Tenants pay their own heat in this five 2BD/1BA, One 3BD/1BA brick building. Excellent cap rate with added upside. Some units have been updated. Recent tuckpointing and lintels done (2022); new rubber roof with silver membrane (2020). 3 exterior parking spots and interior/exterior security cameras. One unit available to see for first showing. Owner financing for a qualified buyer is available. Call, email or text agent.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$91 USD /SF

# OF UNITS

6

PRICE/UNIT

$99,833

CAP RATE

9.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

RS-2

APN/PARCEL ID

20-30-423-018-0000

ASK ABOUT THIS PROPERTY

David Urbaniak@properties CommercialMore Info
773-862-0200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

David Urbaniak@properties CommercialMore Info
773-862-0200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.