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Listed price in listed location currency (USD).
$1,099,999

000

MLS® 12484058

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $15,628
Days Active 68
Approx. Age 1888
MLS® Number 12484058

Property Address: 78 Pine Ave, Riverside, IL, 60546-2179

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number12484058
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1888
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 30, 2025List Date
$1,099,999List Price
  • Commute

Commute

Starting Address
Destination Address
78 Pine Ave, Riverside, IL

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