Gut-Rehabilitated 5-Unit Apartment
For Sale
$1,049,000
78 Pine Avenue, Riverside, IL 60546
Historic multifamily property with updated systems, individually conditioned units, parking, storage, and on-site laundry.
Property Size13,200 SF
Price / SF$79.47
Days on Market218
Property Features for 78 Pine Avenue
General Information
Standard status
Active
Size
13,200 SF
Property subtype
Multi Family 5+ / Multi Family 5+-Courtyard
Zoning
MULTI
Occupancy
100%
Net Operating Income
$78,475
Additional Details
Public Transit
Yes
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$19,057
Amenities
garage
on-site laundry
storage room
central air
Building Details
Year Built
1888
Buildings
1
Stories
3
Construction
Victorian
Tenancy
Multi
Listing Agency:
Concentric Realty Inc.
(312) 860-2467
Listed By:
Haobo Song
(312) 860-2467
Source:
Compass
Added: Jan 25
Changed: Aug 29
Last Checked: Aug 29 at 4:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Concentric Realty Inc.
Investment Insights
Based on property information with market context.
Built in 1888, this Victorian landmark has been comprehensively renovated into a 5-unit apartment property totaling 13,200 square feet. The building is fully occupied and combines updated electrical and plumbing systems with central air in each unit and energy-efficient windows. Apartment interiors include contemporary kitchens and bathrooms, stainless steel appliances, quartz countertops, luxury vinyl plank flooring, and high ceilings.
The property includes a 2-car garage, additional rear parking, dedicated parking and a large storage room for each unit, plus commercial laundry in the basement. It is within walking distance of downtown and the Metra station in historic Riverside. Exterior modifications to the landmark are subject to Riverside Preservation Committee approval. The property is offered AS-IS.
The property includes a 2-car garage, additional rear parking, dedicated parking and a large storage room for each unit, plus commercial laundry in the basement. It is within walking distance of downtown and the Metra station in historic Riverside. Exterior modifications to the landmark are subject to Riverside Preservation Committee approval. The property is offered AS-IS.
Key Highlights
- 5‑unit apartment property with 13,200 square feet
- Built in 1888 and renovated as a Victorian landmark
- Fully occupied units with central air in each apartment
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 60546, IL
16,819
Population
6,913
Households
2.4
Avg Household Size
42
Median Age
57%
College-Educated
96%
High-School Grad
4.0 sq mi
ZIP Area
4,205
Density / Sq Mi
$109,933
Median Household Income
$66,445
Median Earnings
$1,331
Median Rent
$377,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Historic multifamily property with updated systems, individually conditioned units, parking, storage, and on-site laundry.
Where is this apartment building located?
The property is located at 78 Pine Avenue Riverside, IL.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: 5‑unit apartment property with 13,200 square feet; Built in 1888 and renovated as a Victorian landmark; Fully occupied units with central air in each apartment
