$749,000

11824 S Karlov Ave Alsip, IL 60803

Estimated payment $5,398/month

Total Views 959
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Well Maintained 6 unit Building in Alsip. This building has five 2 bedroom units, and one 1 bedroom unit. Extra income from coin laundry monthly. 2 units have been recently updated with modern touches. new flooring and new bathrooms. Hallways have been freshly painted. Roof, gutters, and windows done within the last 12 years. Great investment opportunity!

Listing Agent

Maha Joudeh

The Joudeh Group License #471022550

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,474

Year Built

  • Built in 1968

Additional Features

  • 3-Story Property
  • 7,405 Sq Ft Lot
  • Heating System Uses Gas

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $540
  • Fuel Expense $2,540
  • Insurance Expense $1,820
  • Maintenance Expense $1,200
  • Trash Expense $678
  • Water Sewer Expense $3,120
  • Operating Expense $16,025
  • Gross Income $78,600
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,474

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1968
  • Built Before 1978 (Y/N): Yes
  • Information: Other-See Remarks
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Dishwashers: 0
  • Number of Washers: 1
  • Room: 5
  • Room: 5
  • Room: 0

Exterior Features

  • List Price: 749000

Utilities

  • Heat/Ventilation: Gas

Fee Information

  • Trash Expense: 678
  • Water Sewer Expenses: 3120
  • Janitor Expense: 2000

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 7500
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 50000
  • Fuel Expense: 2540
  • Insurance Expense: 1820
  • ElectricExpense: 540
  • GrossIncome: 78600
  • Maintenance Expense: 1200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 16025
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 14474
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $749,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12367461

Midwest Real Estate Data (MRED)