Sold
Last Sold Price
9 beds
78 Pine Ave, Riverside, IL 60546
Multi FamilyProperty Type
0.30 acresLot Size
1888Year Built

Description

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...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.
  • Listed by: Haobo Song 312.860.2467 sheri.h.song@gmail.com • Concentric Realty Inc.
Listing closed: 05/27/2026 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12562704

Location

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Principal and Interest

$5,601

Property Taxes

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Property Information for 78 Pine Avenue

Property Details
  • Taxes: $19,057 / year
  • MLS Type: Multi Family 5+ / Multi Family 5+-Courtyard
  • County: Cook County
  • Area: Riverside
  • Zoning: MULTI
Building Information
  • Stories: 3
  • Residences: 5
  • Year Built: 1888
  • Lot Size: 0.30 AC / 13,200 SF
General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Information: 48-Hr Notice Required,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • # Of Washers: 1
  • Heat/Ventilation: Gas
  • # Of Dryers: 1
  • # Of Dishwashers: 5
  • Num of Baths: 5.0
Property/Lot Information
  • Tenant Pays: Electricity, All Utilities
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Courtyard
  • Lot Size Source: County Records
  • Lot Dimensions: 100x132
  • Lot Size Square Feet: 13200.0
  • Stories: 3
  • Foundation Details: Stone
  • Building Area Total: 3804
Property and Assessments
  • Public Document Count: 4
  • Document Date: 2026-02-07T03:01:18
  • Photos Count: 13
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $437.00
  • Fuel Expense: $536.00
  • Gross Income: $109,200.00
  • Insurance Expense: $4,089.00
  • Maintenance Expense: $.00
  • Expense Year: 2024
  • Janitor Expense: 0
  • Total Monthly Income: 9100
  • Net Operating Income: $78,475.00
  • Operating Expense: $30,705.00
  • Other Expense: $.00
  • Trash Expense: $1,463.00
  • Water Sewer Expense: $5,122.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 78 Pine Avenue

DateEvent & SourcePriceAppreciation
May 27, 2026

Sold

MRED #12562704

$1,102,000
May 19, 2026

Sold (Public Record)

Public Record #1941354159

$1,102,000

+38.3% / yr

Mar 11, 2026

Pending

MRED #12562704

DateEvent & SourcePrice
05/27/2026

Sold

MRED #12562704

$1,102,000
05/19/2026

Sold (Public Record)

Public Record #1941354159

$1,102,000

+38.3% / yr

03/11/2026

Pending

MRED #12562704

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 78 Pine Avenue

Taxable ValueLand$13,530Additions$43,670Total$57,200
Tax Record2023$15,676 ($1,306 / month)
Home Facts
Baths5Total Finished SqFt3,804 SqFtAbove Grade Finished SqFt3,804 SqFtStories2Lot Size13,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1888Year Renovated1888CountyCOOKAPN15-35-405-027-0000

Schools near 78 Pine Avenue

This home is within Riverside-Brookfield Twp School District 208.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 3 to 11
Rating
School
Distance
Central Elementary School
PublicPK to 5

L J Hauser Jr High School
Public6 to 8

Riverside Brookfield Twp High School
Public9 to 12

Tailgrass Sudbury School
Private3 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Concentric Realty Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/02/2026 04:50 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.