NOT LISTED FOR SALE

3850 W 124th St Alsip, IL 60803

9 Beds
6 Baths
3,589 Sq Ft
0.25 Acres Lot

Sale Details

Date Sold: June 6, 2023

Last sale price $510,000 $142 Per Sq Ft

21 Days on Market

About This Home

As of June 2023

Well maintained, all brick 6 flat building near Pulaski & 123rd, close to I-294, I-57, and shopping. * With 2 units on each of the three floors, this building has three one-bedroom units and three two-bedroom units. * Coin-operated common laundry on first floor. * Seven-space off-street parking, and a 2.5 car garage which could be rented for additional income. * Easy to rent.

Last Agent to Sell the Property

Mary Kaley

Baird & Warner License #475154965 Listed on: 02/26/2023

Baird & Warner

Co-Listed By

Kiana Szostak

Baird & Warner License #475158227

Last Buyer's Agent

Dean Benevice

New Chapter Realty, LLC License #471022107

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,293

Year Built

  • Built in 1971

Lot Details

  • 10,962 Sq Ft Lot
  • Lot Dimensions are 63x180x64x174

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,589 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $530
  • Fuel Expense $5,707
  • Insurance Expense $2,564
  • Maintenance Expense $3,789
  • Other Expense $322
  • Trash Expense $2,175
  • Water Sewer Expense $2,308
  • Operating Expense $17,640
  • Gross Income $66,480
  • Net Operating Income $39,547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,293

Year Built

Built in 1971

Lot Details

0.25 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1971
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 2175
  • Water Sewer Expenses: 2308

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 63X180X64X174
  • Lot Size Sq Ft: 10962
  • Zoning: COMMR

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 3589

Multi Family

  • Net Operating Income: 39547
  • Fuel Expense: 5707
  • Insurance Expense: 2564
  • ElectricExpense: 530
  • GrossIncome: 66480
  • Maintenance Expense: 3789
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 17640
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11293
  • Tax Year: 2021
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/06/2023 06/06/23 Sold $510,000 -1.0% $142 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
02/26/2023 02/26/23 For Sale $515,000 -- $143 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,981 $45,000 $6,029 $38,971
2024 $14,981 $45,000 $6,029 $38,971
2023 $11,831 $45,000 $6,029 $38,971
2022 $11,831 $30,615 $5,207 $25,408
2021 $11,293 $30,613 $5,206 $25,407
2020 $11,122 $30,613 $5,206 $25,407
2019 $11,429 $30,857 $4,658 $26,199
2018 $11,005 $30,857 $4,658 $26,199
2017 $12,743 $34,525 $4,658 $29,867
2016 $10,143 $26,855 $3,836 $23,019
2015 $9,893 $26,855 $3,836 $23,019
2014 $9,630 $26,855 $3,836 $23,019
2013 $9,381 $28,457 $3,836 $24,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11726067

Midwest Real Estate Data (MRED)
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