78 Pine Ave Riverside, IL 60546
Estimated payment $7,249/month
Highlights
- 303 Acre Lot
- 4-minute walk to Riverside Station
- 4-minute walk to Guthrie Park
- Central Elementary School Rated A
- Courtyard
About This Home
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.
Listing Agent
@properties Christie's International Real Estate License #475193093 Listed on: 09/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,628
Year Built
- Built in 1888
Lot Details
- 303 Acre Lot
- Lot Dimensions are 100x132
Home Design
- Stone Foundation
Interior Spaces
- 3,376 Sq Ft Home
- 3-Story Property
Additional Features
- Courtyard
- Heating System Uses Gas
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $503
- Fuel Expense $211
- Insurance Expense $4,080
- Trash Expense $1,428
- Water Sewer Expense $4,688
- Operating Expense $26,594
- Gross Income $108,000
- Net Operating Income $81,406
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $1,100,000 | +397.7% | $326 / Sq Ft |
| 06/15/2021 06/15/21 | Sold | $221,000 | +0.9% | $65 / Sq Ft |
| 06/01/2021 06/01/21 | Pending | -- | -- | -- |
| 05/28/2021 05/28/21 | For Sale | $219,000 | -- | $65 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12455728
APN: 15-35-405-027
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