Courtesy: @properties Christie's International Real Estate
708-848-0200
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.
Riverside is located in Illinois. Riverside, Illinois has a population of 9,346. Riverside is more family-centric than the surrounding county with 34.77% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Riverside, Illinois is $128,808. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Riverside is 44.2 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 38.9 inches per year, with 34.4 inches of snow per year.
