78 Pine Avenue Riverside, IL $ 1,049,000
78 Pine Avenue
$ 1,049,000
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78 Pine Avenue

Riverside, IL, 60546
$ 1,049,000
Bedrooms9 Baths0.0 Sq 3,804

Monthly Estimate*

$ 6,459

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Multi-Family Home for sale in Riverside, IL

for $1,049,000 with 9 bedrooms. This 3,804 square foot home was built in 1888.

Stunning Victorian landmark gut-rehabbed into a modern 5-unit income-producing property in the heart of historic Riverside, walking distance to downtown and the Metra station. Turnkey investment with five fully occupied units generating immediate cash flow. Fully updated electrical and plumbing systems to current code, central air in each unit, and new energy-efficient windows throughout. Interiors feature modern kitchens and baths with stainless steel appliances, quartz countertops, luxury vinyl plank flooring, and high ceilings. Amenities include a 2-car garage plus multiple rear parking spaces, dedicated parking and large storage room for each unit, and on-site commercial laundry in the basement. Rare high cap rate in a prime location. Landmark property - exterior changes subject to Riverside Preservation Committee approval. Zoning: R-3 Multi-Family Residential. Property sold AS-IS. Seller is a licensed real estate agent.

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Multi-Family Pending

Price

$ 1,049,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 19,056

Style

Year Built

1888

Town/City

Riverside

County/Region

Cook

MLS | Web ID

12562704

Features
General
Zoning MULTI
Year Built 1888
Tenant Pays Electricity All Utilities
Stories Count 3
Tax Year 2024
Gross Income 109200
County Cook
Net Operating Income 78475
Operating Expense 30705
Insurance Expense 4089
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Pending
Directions Forest Ave South on West Avenue East on Pine.
City Riverside
Number Of Units Total 5
MLS Area Riverside
Lot Size Square Feet 13200
Tax Annual Amount 19056.8
Electric Expense 437
Fuel Expense 536
Trash Expense 1463
Water Sewer Expense 5122
Additional Parcels Y/N N
Standard Status Pending
Cap Rate 7.5
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Exterior
Foundation Details Stone
Building Area Total 3804
Lot Dimensions 100x132
Lot Size Acres 0
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* Excluded Features
List By
Concentric Realty Inc.

Broker

sheri.h.song@gmail.com

Email

Affordability Calculator

$8,047
Per Month
80%
20%
0%
Monthly Principal & Interest
$6,459
Monthly Property Taxes
$1,588
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
2/6/2026$1,049,000 Listed Price

Map


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78 Pine Avenue, Riverside, IL, 60546 is a Multi-Family Home for sale at $1,049,000 with 3,804 sqft. 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