Under Contract
78 Pine Avenue
Riverside, IL 60546
$1,049,000
0beds
0baths
—sqft
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Sale
Year built1888
Lot size—
Annual tax$19,056.8
CountyCook
MLS #MRD12562704
Days on market35
Listed by
Concentric Realty Inc.
Haobo Song
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 3/19/2026, 3:07:01 AM. All data should be independently verified.
This home is under contract. Contact a dwello agent to explore similar active listings or be notified if it returns to market.
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