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525 W 78th St
Multi-Family
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$280,000

525 W 78th St, Chicago

76% below median
6 bd·3 ba·0 sqft
Built 1888Greater Grand Crossing

525 W 78th St, Chicago, IL

6 bd · 3 ba · 0 sqft Multi-Family listed at $280,000, built in 1888 in the Greater Grand Crossing neighborhood.

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

Price
$280,000
Bedrooms
6
Bathrooms
3
Year built
1888
Type
Multi-Family
Days on market
103
Est. property tax
$5,824/yr · $485/mo · 2.08% IL avg
Last sold
$265,000 · Jul 2022

Estimated monthly payment

Down payment20% ($56,000)
Interest rate6.75%
Principal & Interest$1,453
Property Tax$257
Insurance$150
Total$1,860/mo

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Price history

3.4%Most recent change on 2026-03-29: $290,000$280,000.

$318K$151K$-17K$47K on Jul 12 (Initial list)$47K on Aug 12 (Price change)$26K on Aug 12 (Initial list)$21K on Sep 12 (Price change)$26K on Oct 12 (Price change)$26K on Nov 12 (Price change)$26K on Feb 13 (Initial list)$26K on Feb 13 (Price change)$16K on Oct 14 (Initial list)$11K on Jan 15 (Sold)$30K on Jun 15 (Sold)$172K on Apr 16 (Sold)$180K on Feb 18 (Initial list)$180K on Jul 18 (Price change)$180K on Sep 18 (Initial list)$180K on Dec 18 (Price change)$180K on Mar 19 (Price change)$184K on Dec 19 (Initial list)$184K on Jan 20 (Price change)$184K on Jan 20 (Relisted)$180K on Mar 20 (Price change)$187K on Oct 20 (Sold)$260K on May 22 (Initial list)$265K on Jul 22 (Sold)$290K on Jan 26 (Initial list)$280K on Mar 26 (Price change)
$47K · Jul 12$280K · Mar 26
  1. Mar 29, 2026$280,000Price change
  2. Jan 12, 2026$290,000Initial list price
  3. Jul 22, 2022$265,000Sold
  4. May 10, 2022$260,000Initial list price
  5. Oct 13, 2020$186,500Sold
  6. Mar 11, 2020$179,900Price change
  7. Jan 14, 2020$184,000Relisted
  8. Jan 3, 2020$184,000Price change
  9. Dec 17, 2019$184,000Initial list price
  10. Mar 4, 2019$179,900Price change
  11. Dec 17, 2018$179,900Price change
  12. Sep 11, 2018$179,900Initial list price
  13. Jul 10, 2018$179,900Price change
  14. Feb 11, 2018$179,900Initial list price
  15. Apr 19, 2016$171,500Sold
  16. Jun 8, 2015$30,000Sold
  17. Jan 21, 2015$11,000Sold
  18. Oct 13, 2014$16,480Initial list price
  19. Feb 24, 2013$25,709Price change
  20. Feb 21, 2013$25,709Initial list price
  21. Nov 16, 2012$25,709Price change
  22. Oct 18, 2012$25,709Price change
  23. Sep 28, 2012$20,709Price change
  24. Aug 20, 2012$25,709Initial list price
  25. Aug 14, 2012$47,300Price change
  26. Jul 3, 2012$47,300Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60620)

Median age is 39.1; 12% hold a bachelor's degree; 49% of homes are owner-occupied; median household income is $46,472.

Median income
$46,472
Median age
39.1
Owner-occupied
48.6%
Bachelor's degree
11.9%
Census median home value
$177,500

Source: US Census Bureau American Community Survey 5-year estimates.

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