This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,102,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property 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 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.
Full Property Details
Full Property Details for 78 Pine Ave
General
- Sold For: $1,102,000
- Taxes: $19,056 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12562704
- Added to Site: 148 day(s) ago
Location
- Area: Riverside
- County: Cook
- Driving Directions: Forest Ave, South on West Avenue, East on Pine.
Heating & Cooling
- Heating Type: Gas
Structural Information
- Foundation: Stone
- Stories/Levels: 3
- Square Feet: 3,804
- Year Built: 1888
- Built Before 1978: Yes
Unit Information
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 13,200
- Lot Dimensions: 100 x 132
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $30,705
- Assessment Year: 1888
- Tax Amount: $19,056.8
- Tax Year: 2024
- Tenant Pays: Electricity, All Utilities
Disclosures and Reports
- Property ID: 15354050270000
Listed by Concentric Realty Inc.
Sold by @properties Christie's International Real Estate
Get Pre-Approved Today
Schools
Schools serving 78 Pine Ave
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Riverside, IL 61 Woodside Road, Riverside, IL 60546 | PK-5 | 0.2 mi |
Hollywood Elementary School 3423 Hollywood Avenue, Brookfield, IL 60513 | PK-5 | 0.6 mi |
A F Ames Elementary School 86 Southcote Road, Riverside, IL 60546 | PK-5 | 0.9 mi |
L J Hauser Jr High School 65 Woodside Road, Riverside, IL 60546 | 6-8 | 0.2 mi |
Riverside Brookfield Twp High School 160 Ridgewood Road, Riverside, IL 60546 | 9-12 | 0.4 mi |
Blythe Park Elementary School 735 Leesley Road, Riverside, IL 60546 | PK-5 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 78 Pine Ave
Date
Details
Price
Change
Source
5/27/2026
Sold
$1,102,000
5.05%
MLS
2/05/2026
Listed
$1,049,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
78 Pine Avenue, Riverside, IL 60546 (MLS# 12562704) is a Commercial property that was sold at $1,102,000 on May 27, 2026. Want to learn more about 78 Pine Avenue? Do you have questions about finding other Commercial real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.

