78 Pine Avenue Riverside, IL $ 1,099,999
78 Pine Avenue
$ 1,099,999
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78 Pine Avenue

Riverside, IL, 60546
$ 1,099,999
Bedrooms9 Baths0.0 Sq 3,376

Monthly Estimate*

$ 6,773

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Multi-Family Home for sale in Riverside, IL

for $1,099,999 with 9 bedrooms. This 3,376 square foot home was built in 1888 on a lot size of 303.

Fully Renovated Historic Multi-Unit Gem in Riverside. Welcome to 78 Pine Avenue, a stunning Victorian landmark reimagined as a modern 5-unit income-generating property in the heart of historic Riverside. Originally built in 1888, this architectural treasure has undergone a complete gut rehab-blending timeless charm with contemporary luxury and efficiency. 5 Fully Occupied Units - Turnkey investment with strong rental income New Electrical & Plumbing Systems - Fully updated to meet modern codes Central Air Conditioning - Comfortably climate-controlled throughout New Energy-Efficient Windows - Flood each unit with natural light Modern Kitchens & Baths - Sleek finishes, stainless steel appliances, quartz countertops, and designer tilework Refinished Hardwood Floors & High Ceilings - Preserving historic character while enhancing livability 2-Car Garage + Additional Parking - Rare find in Riverside Investment Opportunity! This property is a cash-flowing asset with all five units fully leased, offering immediate returns. With updated mechanicals and low maintenance needs, it's ideal for both seasoned investors and owner-occupants seeking passive income. Situated on a tree-lined street just blocks from the Riverside Metra Station, residents enjoy easy access to downtown Chicago while living in one of the region's most picturesque and walkable communities. Nearby parks, top-rated schools, and charming local shops make this a highly desirable rental location. Historic Charm Meets Modern Living, as a designated historic landmark, the property retains its original architectural beauty while offering all the comforts of a new build. The rehab was completed with care and compliance, ensuring long-term value and preservation. Whether you're looking to expand your portfolio or live in one unit while renting the others, 78 Pine Ave offers the perfect blend of historic elegance, modern upgrades, and financial performance. Price at $1.1M. Landmark Status: Designated historic landmark; exterior changes require approval from the Riverside Preservation Commitee 2 Zoning: R-3 (multi-family residential.) While the property has undergone a comprehensive renovation by the seller, it is being offered for sale AS-IS. Schedule your private tour today and discover the potential of this Riverside masterpiece.

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Multi-Family Active

Price

$ 1,099,999

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 15,628

Style

Lot Size

303

Year Built

1888

Town/City

Riverside

County/Region

Cook

MLS | Web ID

12484058

Features
General
Zoning MULTI
Year Built 1888
Tenant Pays Electricity All Utilities
Stories Count 3
Tax Year 2023
Gross Income 108000
County Cook
Net Operating Income 81406
Operating Expense 26594
Insurance Expense 4080
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions Forest Ave South on West Avenue East on Pine.
City Riverside
Number Of Units Total 5
MLS Area Riverside
Tax Annual Amount 15628
Electric Expense 503
Fuel Expense 211
Trash Expense 1428
Water Sewer Expense 4688
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7
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Exterior
Foundation Details Stone
Building Area Total 3376
Lot Dimensions 100x132
Lot Size Acres 303
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

katv@atproperties.com;katv@atproperties.com

Email

Affordability Calculator

$8,075
Per Month
84%
16%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$1,302
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2025$1,099,999 Listed Price

Map


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78 Pine Avenue, Riverside, IL, 60546 is a Multi-Family Home for sale at $1,099,999 with 3,376 sqft and a lot size of 303. 78 Pine Avenue has 9 bedrooms, 0.0 baths, and was built in 1888. The property's zip code is 60546 which is in Riverside, IL