NOT LISTED FOR SALE

3916 W 124th St Alsip, IL 60803

9 Beds
6 Baths
4,755 Sq Ft
4,790 Sq Ft Lot

Last Sold June 26, 2020

Last sale price $418,333 $88 Per Sq Ft

77 Days on Market

Highlights

  • Cul-De-Sac
  • Hot Water Heating System
  • 2-minute walk to Ketelaar Tot Lot

About This Home

As of June 2020

The subject property features a brick exterior, hardwood floors and on-site parking and laundry. Situated off the intersection of Pulaski and 123rd Street, the property is within walking distance of a handful of national retailers, restaurants and entertainment options. This investment offers the opportunity to acquire a well-maintained cash flowing asset in a stable market with an additional upside in the rents.

Last Agent to Sell the Property

Michael Poleway

Marcus & Millichap Chicago Apartment Brokers License #475177799 Listed on: 12/13/2019

Last Buyer's Agent

Brian Semel

Monarch Realty Partners LLC License #471015026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,241

Year Built

  • Built in 1972

Lot Details

  • 4,790 Sq Ft Lot
  • Lot Dimensions are 120 x 45'
  • Cul-De-Sac

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,755 Sq Ft Home
  • 3-Story Property
  • Basement Cellar

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Hot Water Heating System

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $3,205
  • Insurance Expense $1,822
  • Maintenance Expense $1,834
  • Manager Expense $3,057
  • Other Expense $1,000
  • Water Sewer Expense $2,400
  • Operating Expense $25,559
  • Gross Income $61,200
  • Net Operating Income $35,581

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,241

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: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Possible Use: Multi-Family
  • Basement Description: Cellar
  • Fireplaces: 1
  • Dishwashers: 6
  • Refrigerators: 6
  • Number of Washers: 6
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 460000
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Hip

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Hot Water

Condo/Co-op/Association

  • Manager Expense: 3057

Fee Information

  • Water Sewer Expenses: 2400
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 120 X 45'
  • Lot Size Sq Ft: 4790
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Alternate Phone Number: (312) 327-5463

Rental Info

  • Tenant Pays: None
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 4755

Multi Family

  • Net Operating Income: 35581
  • Insurance Expense: 1822
  • ElectricExpense: 3205
  • GrossIncome: 61200
  • Maintenance Expense: 1834
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 25559
  • Expense Year: 2019
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 12241
  • Tax Year: 2018

Range of Values:

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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
06/26/2020 06/26/20 Sold $418,333 -9.1% $88 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $460,000 +50.8% $97 / Sq Ft
10/27/2016 10/27/16 Sold $305,000 -10.3% --
10/26/2016 10/26/16 Pending -- -- --
08/21/2016 08/21/16 For Sale $339,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Poleway

    Marcus & Millichap Chicago Apartment Brokers

    Section Image

  • B

    Buyer's Agent in 2020

    Brian Semel

    Monarch Realty Partners LLC

  • R

    Seller's Agent in 2016

    Robert Massura

    Total Realty

  • B

    Seller Co-Listing Agent in 2016

    Beverly Massura

    Total Realty

  • Lenny Feil

    Buyer's Agent in 2016

    Lenny Feil

    Harthside Realtors, Inc.

    (708) 870-0514

    6 in this area

    248 Total Sales

    Lenny Feil
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10592316

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

3916 W 124th St, Alsip, IL

This home is located at 3916 W 124th St, Alsip, IL 60803 since 13 December 2019. This property was built in 1972. 3916 W 124th St 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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