500 W 78TH ST

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

500 W 78TH ST

CHICAGO, IL 60620
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Eighteen-unit multifamily apartment building available for purchase.
  • Located at 500 W 78th Street in Chicago.
  • Property represents a distinct value-add investment opportunity.
  • On-site maintenance services support current building operations.
  • Asset type serves the local residential rental market.

What's Special

This 18-unit multifamily apartment building is situated at 500 W 78th St in Chicago, Illinois. Positioned within the city's robust residential landscape, the property provides access to the diverse neighborhoods and infrastructure that define the Chicago metropolitan area. Its scale and configuration make it a viable candidate for investors seeking a value-add strategy in an established urban market. The building currently incorporates on-site maintenance, streamlining daily operations for property management. As an apartment building, this asset serves the consistent demand for rental housing in the region, offering a stable foundation for repositioning efforts or long-term hold strategies. Prospective buyers will find that this location offers the proximity to transit and city amenities necessary to attract a steady tenant base in a dense, historically significant urban environment.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times