NOT LISTED FOR SALE

12304 S Springfield Ave Alsip, IL 60803

9 Beds
-- Bath
-- Sq Ft
0.25 Acres

Last Sold August 21, 2015

Last sale price $278,000

118 Days on Market

About This Home

As of August 2015

Excellent multi-family investment opportunity!! +/-4,000 SF, 6-flat in Alsip, IL. comprised of (3) 2-bedroom and (3) 1-bedroom apartments with 12 parking spaces. Close proximity to Pace bus route 385 and easy access to the Tri-State Tollway. Fully leased, with long term, stable tenants. Well located, with excellent exposure along the southwest corner of 123rd Street and Springfield Avenue.

Last Agent to Sell the Property

Laurie Ramirez

Sperry Van Ness Listed on: 04/08/2015

Last Buyer's Agent

Ed Kagan

Kagan Real Estate, Inc. License #475059676

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,205

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 81x139

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 9 Bedrooms
  • 3-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $3,500
  • Maintenance Expense $3,000
  • Trash Expense $600
  • Gross Income $54,600
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,205

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1971
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 9
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 299500
  • Roof: Composition
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Radiators

Fee Information

  • Trash Expense: 600
  • Janitor Expense: 1500

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 81X139
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 32000
  • Insurance Expense: 3500
  • GrossIncome: 54600
  • Maintenance Expense: 3000
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 11205
  • Tax Year: 2013

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
08/21/2015 08/21/15 Sold $278,000 -15.5% --
08/04/2015 08/04/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $329,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Laurie Ramirez

    Sperry Van Ness

  • Ed Kagan

    Buyer's Agent in 2015

    Ed Kagan

    Kagan Real Estate, Inc.

    (708) 612-2426

    3 in this area

    21 Total Sales

    Ed Kagan
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08884794

Midwest Real Estate Data (MRED)
Illinois Cook County Alsip 60803

12304 S Springfield Ave, Alsip, IL

This home is located at 12304 S Springfield Ave, Alsip, IL 60803 since 08 April 2015. This property was built in 1971. 12304 S Springfield Ave is a home located in Cook County with nearby schools including George Washington Elementary School, Nathan Hale Middle School, and Dwight D. Eisenhower High School.

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