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Commercial > Multi-family / Apartments
Active
05/10/2024
List Price
$365,000

12227 Spencer St
Alsip, IL 60803

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  • 12227 Spencer St, Alsip, IL 60803 is a 5 bed, 2 bath, 2,066 ft² multi-family/apartments property built in 1985 on a 73.070 acre lot with 2 construction permits. This multi-family/apartments is currently listed for $365,000.

    MLS Description

    The listing agent's description. Original Listing

    FLOWERS BLOOM AS YOUR INVESTMENT BLOSSOMS IN THIS DIVIDENDS -PAYING ALL BRICK 2-FLAT WITH EXTRA LONG ASPHALT DRIVEWAY LEADING TO 2-CAR GARAGE. A GOOD MONEY MAKER WITH SEPARATE FURNACES, CENTRAL-AIR, AND ELECTRIC MEANS EACH TENANT PAYS ALL THEIR OWN UTILITIES. PRUDENT MAIN-LEVEL LAUNDRY ACCESSED FROM FOYER. APPLIANCES INCLUDED IN LARGE KITCHENS WITH PATIO DOOR ACCESS TO PRIVACY TALL REAR FENCED YARD. READY TO GO OWNER RESIDES ON 2ND FLOOR AND KEPT THE SUSPENDED IN TIME 1ST FLOOR UNOCCUPIED FOR NUMEROUS YEARS. CONSIDER, IF BUILDING WAS FULLY RENTED FOR A YEAR THE 1ST FLOOR 2-BEDROOM UNIT COULD POSSIBLY RENT FOR $1200. THE 2ND FLOOR 3-BEDROOM UNIT COULD POSSIBLY RENT FOR $1700, FOR A TOTAL POTENTIAL ANNUAL GROSS RENTAL INCOME OF $34,800. (I HAVE USED THE LOWEST RENTS OF SIMILAR LISTED APARTMENTS IN ALSIP). SINCE THE TENANTS PAY THEIR OWN UTILITIES, THE ANNUAL OPERATING EXPENSES ARE BASICALLY THE REAL ESTATE TAXES AND INSURANCE, LEAVING A POTENTIAL NET INCOME OF $26.198. GRAND OPPORTUNITY FOR YOUR TENANT TO POTENTIALLY PAY YOUR MORTGAGE IN THIS SMART INVESTMENT START AND UPON TOURING YOU WILL FEEL YOU FOUND A SAFE PLAN FOR A GOOD FUTURE.

    Listing Agents

    The listing agent for 12227 Spencer St is Dale Taylor.

    Permits

    12227 Spencer St has 2 permit records of total value of $1,720.

    Permit History
    2
    Permits
    $1,720
    Total Permit Value
    September 14, 2005
    Description: Rrf2 re-roofing (residential)Job Value: $1,140Status: ISSUEDType: Rrf2 00 re-roofing (residential)Applicant: EDWARD CANADAEffective Date: 2005-09-14Permit Number: 05-00004755
    June 21, 2004
    Description: Fnce fence (comm/ind/res)Job Value: $580Status: ISSUEDType: Fenc 00 fence (residential)Business Name: BUSY BEE FENCE & DECKApplicant: EDWARD CANADAEffective Date: 2004-06-21Permit Number: 04-00003353

    Current Ownership

    Information about the current owner(s).

    Property History

    12227 Spencer St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 12227 Spencer St

    School Information

    Public/private schools serving 12227 Spencer St

    Neighborhood

    This property is located in Alsip.

    Market Trends

    Historical market data near 12227 Spencer St over selected time period.

    Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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