525 W 78th St Chicago, IL 60620
Auburn Gresham NeighborhoodEstimated payment $1,622/month
About This Home
This limestone duplex offers instant cash flow and has been beautifully remodeled from top to bottom. Ideal for an investor seeking turnkey returns or an owner-occupant who wants to live in one side while the tenant in the other helps cover the mortgage, this property delivers strong value and versatility right from day one. The recent high-quality renovations make it truly move-in ready and low-maintenance. Both units feature brand-new kitchens equipped with modern cabinets, sleek countertops, stainless steel appliances, undermount sinks, updated faucets, GFCI outlets, and eye-catching ceramic tile backsplashes. The bathrooms have been completely refreshed with new vanities, lighting fixtures, faucets, mirrors, and contemporary hardware. Throughout the interior, you'll find refinished floors, fresh trim, new paint, updated light fixtures and ceiling fans, plus new interior and exterior doors with modern handles. Each unit now includes its own brand-new LG washer and dryer set conveniently located in the basement. On top of that, the property boasts updated mechanical systems, recent tuck-pointing repairs, and modernized electrical work for peace of mind. Don't miss this rare opportunity to own a fully updated, income-producing duplex in a desirable area. Whether you keep the solid tenants in place for immediate cash flow or move right in yourself, this home offers exceptional quality, thoughtful upgrades, and real earning potential. Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,582
Year Built
- Built in 1888
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Partial Basement
- Lot Dimensions are 80x125
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,582 | $11,000 | $1,750 | $9,250 |
| 2024 | $1,582 | $11,000 | $1,750 | $9,250 |
| 2023 | $1,543 | $7,500 | $2,625 | $4,875 |
| 2022 | $1,543 | $7,500 | $2,625 | $4,875 |
| 2021 | $1,508 | $7,500 | $2,625 | $4,875 |
| 2020 | $2,047 | $9,190 | $2,625 | $6,565 |
| 2019 | $2,029 | $10,099 | $2,625 | $7,474 |
| 2018 | $1,995 | $10,099 | $2,625 | $7,474 |
| 2017 | $2,332 | $10,832 | $2,275 | $8,557 |
| 2016 | $698 | $3,986 | $2,275 | $1,711 |
| 2015 | $1,504 | $10,832 | $2,275 | $8,557 |
| 2014 | $1,327 | $9,720 | $2,100 | $7,620 |
| 2013 | -- | $9,720 | $2,100 | $7,620 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/10/2026 02/10/26 | For Sale | $290,000 | 0.0% | -- | |
| 02/02/2026 02/02/26 | Pending | -- | -- | -- | |
| 01/12/2026 01/12/26 | For Sale | $290,000 | +9.4% | -- | |
| 07/22/2022 07/22/22 | Sold | $265,000 | +1.9% | $125 / Sq Ft | View Prior Sale |
| 06/22/2022 06/22/22 | Pending | -- | -- | -- | |
| 06/07/2022 06/07/22 | For Sale | $260,000 | 0.0% | $123 / Sq Ft | |
| 05/13/2022 05/13/22 | Pending | -- | -- | -- | |
| 05/10/2022 05/10/22 | For Sale | $260,000 | +39.4% | $123 / Sq Ft | |
| 10/13/2020 10/13/20 | Sold | $186,500 | +1.4% | $88 / Sq Ft | View Prior Sale |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- | |
| 06/20/2020 06/20/20 | For Sale | $184,000 | 0.0% | $87 / Sq Ft | |
| 05/12/2020 05/12/20 | Pending | -- | -- | -- | |
| 01/14/2020 01/14/20 | For Sale | $184,000 | -1.3% | $87 / Sq Ft | |
| 01/03/2020 01/03/20 | Off Market | $186,500 | -- | -- | |
| 12/16/2019 12/16/19 | For Sale | $184,000 | +1572.7% | $87 / Sq Ft | |
| 01/21/2015 01/21/15 | Sold | $11,000 | -33.3% | $5 / Sq Ft | View Prior Sale |
| 12/05/2014 12/05/14 | Pending | -- | -- | -- | |
| 10/13/2014 10/13/14 | For Sale | $16,480 | -- | $8 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $186,500 | First American Title | |
| Warranty Deed | $171,500 | Fidelity National Title | |
| Special Warranty Deed | $11,000 | Ct | |
| Sheriffs Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Professional National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $183,121 | FHA | |
| Previous Owner | $119,000 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12545851
APN: 20-28-326-005-0000
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Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.