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Listed by Catherine Pabatao-Heichmanof Coldwell Banker Realty
$ 399,900
Est. payment /mo
New
38 W 78th Street Chicago, IL 60620
7 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12536788
Bedrooms 7
Year Built 1963
Annual Tax Amount $2,254
Tax Year 2023
Lot Dimensions 25 x 125
Property Sub-Type Two to Four Units
Property Description
This solid brick multi-unit offers an ideal opportunity for both seasoned investors and first-time buyers looking to owner-occupy while generating income. The property features two spacious units, each with 3 bedrooms and 1.5 baths, plus a lower-level 1-bedroom, 1-bath unit creating multiple income streams to help lower overall expenses. Located near public transportation with easy access to the Dan Ryan Expressway, this property is conveniently close to schools, parks, shopping, and dining. Sold as-is, it presents a value-add opportunity with strong upside potential for rental income and long-term equity growth. Whether you're looking to build your rental portfolio or live in one unit while the others cover the mortgage, multi-unit properties like this are in high demand don't miss your chance.
Location
State IL
County Cook
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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