NOT LISTED FOR SALE

12308 S Springfield Ave Alsip, IL 60803

9 Beds
6 Baths
-- Sq Ft
13,068 Sq Ft Lot

Last Sold July 08, 2019

Last sale price $410,000

18 Days on Market

About This Home

As of July 2019

WELL MAINTAINED AND PROFESSIONALLY MANAGED 6 UNIT APARTMENT BUILDING CONSISTING OF (3) 2 BEDROOM UNITS, AND (3) 1 BEDROOM UNITS. UNITS HAVE BEEN UPDATED WITH NEWER KITCHENS, FLOORING, CARPET & PAINT. NEW WINDOWS INSTALLED 2016. NEW GUTTERS, FASCIA AND SOFFIT 2018. CENTRAL HEAT AND HOT WATER SYSTEM. COIN OPERATED LAUNDRY PROVIDES ADDITIONAL INCOME. FULLY RENTED WITH LONG TERM TENANTS. EXCELLENT INVESTMENT. VALUE ADD OPPORTUNITY. *BROKER OWNED

Last Agent to Sell the Property

Patrick Heywood

Erickson Realty & Mgmt. Co. Listed on: 04/07/2019

Last Buyer's Agent

Slawomir Rolka

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Lot Details

  • 0.3

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $2,182
  • Insurance Expense $3,055

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1971

Lot Details

0.3 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Estimated Age: 36-50 Years
  • Net Oper Income: 41500
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 750
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable
  • Scavenger Expense: 1019
  • Total Annual Exp: 15500
  • Total Annual Income: 57000
  • Total Monthly Income: 5000
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1971
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1971

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.3
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Central Heat/Indiv Controls
  • Water Expense: 3116

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 533
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 600

Lot Info

  • Lot Dimensions: 120' X 216'
  • Lot Sq Ft: 12994
  • Parcel Identification Number: 24263000380000

Rental Info

  • Gross Rental Income: 60000
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 2182
  • Insurance Expense: 3055
  • Other Expenses: 1640
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 13295
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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 List to Sale Price per Sq Ft
07/08/2019 07/08/19 Sold $410,000 -2.4% --
04/27/2019 04/27/19 For Sale $419,900 +2.4% --
04/25/2019 04/25/19 Pending -- -- --
04/17/2019 04/17/19 Off Market $410,000 -- --
04/07/2019 04/07/19 For Sale $419,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,532 $44,419 $7,139 $37,280
2024 $16,532 $44,419 $7,139 $37,280
2023 $13,996 $46,001 $7,139 $38,862
2022 $13,996 $32,170 $6,165 $26,005
2021 $13,316 $32,170 $6,165 $26,005
2020 $13,006 $32,170 $6,165 $26,005
2019 $13,543 $32,500 $5,516 $26,984
2018 $13,043 $32,500 $5,516 $26,984
2017 $13,295 $32,500 $5,516 $26,984
2016 $9,578 $23,000 $4,542 $18,458
2015 $9,391 $23,000 $4,542 $18,458
2014 $12,152 $30,647 $4,542 $26,105
2013 $11,563 $31,836 $4,542 $27,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10335253

Midwest Real Estate Data (MRED)
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