NOT LISTED FOR SALE

11840 S Karlov Ave Alsip, IL 60803

10 Beds
6 Baths
3,937 Sq Ft
1972 Built

Last Sold July 21, 2021

Last sale price $429,900 $109 Per Sq Ft

5 Days on Market

About This Home

As of July 2021

100% occupied 6 flat in a prime location in Alsip. Solid brick building with additional shed for storage as well as coin laundry in the basement. Building has been well maintained and ready for new owner.

Last Agent to Sell the Property

Dave Faxel

NextHome Select Realty License #471019671 Listed on: 05/25/2021

NextHome Select Realty

Last Buyer's Agent

Joshua Jasien

Keller Williams Experience License #475168227

Keller Williams Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,826

Year Built

  • Built in 1972

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,937 Sq Ft Home
  • 3-Story Property

Parking

  • 6 Parking Spaces
  • 6 to 12 Parking Spaces

Additional Features

  • Lot Dimensions are 75x120
  • Heating Available

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,168
  • Insurance Expense $3,924
  • Other Expense $1,115
  • Trash Expense $3,633
  • Water Sewer Expense $2,100
  • Operating Expense $32,944
  • Gross Income $49,230
  • Net Operating Income $20,118

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,826

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Condo/Townhouse
  • Stories: 3
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Number of Washers: 1

Exterior Features

  • List Price: 424900
  • Roof: Composition
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 6
  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Electric

Fee Information

  • Trash Expense: 3633
  • Water Sewer Expenses: 2100
  • Janitor Expense: 600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 75X120

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 17

Building Info

  • BuildingAreaTotal: 3937

Multi Family

  • Net Operating Income: 20118
  • Insurance Expense: 3924
  • ElectricExpense: 1168
  • GrossIncome: 49230
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 32944
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 12826
  • Tax Year: 2019

Range of Values:

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Average Value
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List Price
Sold Price
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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
07/21/2021 07/21/21 Sold $429,900 +1.2% $109 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $424,900 -- $108 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11099484

Midwest Real Estate Data (MRED)