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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 886-4663

$ 399,900

Est. payment -/mo

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Open Sat 11AM-2PM

38 W 78th ST Chicago, IL 60620

7 Beds

5 Baths

Open House

Sat Jan 03, 11:00am - 2:00pm

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

Area Chi - Greater Grand Crossing

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

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

Listed by Catherine Pabatao-Heichman of Coldwell Banker Realty

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Your debt-to-income ratio is 36%
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MY BLOGS

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slowly nearing college graduation and my older girls working hard in their careers, the days of simple life are taken over by group texts and long-distance daily check-ins. It's just not the same.

less is more, unless, it's for less.

Each day, I'd get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds frantically starring at the time ticking away. All ready but just need to ...find ....one matching sock.

Contact Us

Phone

+1(847) 886-4663

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005