Cook, US
Price Reduced to Appraised Value. Welcome to your 12 Unit Opportunity on the EMERGING Auburn Gresham 79th Street Corridor! Millions of Dollars in New Development has been invested from 79th and Lowe to 79th and Ashland. ****This well maintained 12-unit building offers a prime chance to expand your portfolio while stepping into a turnkey operation. The current rents are below todays market value. Here's a glimpse into what this property has to offer. ****Nestled in the Auburn Gresham Community near bus lines, The new Metra Station, this 12-unit gem stands as a testament of opportunity, community care and pride. This property exudes a sense of reliability and longevity. ****Key Features: Appliances are Included. FORECASTED MONTHLY INCOME: 8,280 ANNUAL INCOME: 99,360 VACANCY: 4,968 EXPENSES: 49,322 and THE ASSET HAS A FAVORABLE CAPITALIZATION RATE!
Courtesy Of: Coldwell Banker Realty
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 04/24/2025
Exterior Features and Amenities
- Lot Size Dimensions:
- 25 X 115
Financial
- Purchase Contract Date:
- 2025-12-04
- Days On Market:
- 226
- Tax Annual Amount:
- $12,898.00
- Tax Year:
- 2023
Directions
79th Street East or West to Racine. Racine N. to 78th Place. Tuen West. The subject is situated at the southwest corner of 78th Place and Racine Avenue.
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Data last updated: 2025-12-29.
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