NOT LISTED FOR SALE

3916 W 124th St Alsip, IL 60803

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

Sale Details

Date 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

4,790 Sq Ft Lot

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
  • SomePhotosVirtuallyStaged: No
  • 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

Exterior Features

  • 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

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
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 12241
  • Tax Year: 2018
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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 Prior Sale
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% -- View Prior Sale
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

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 $14,735 $37,775 $5,742 $32,033
2024 $14,735 $37,775 $5,742 $32,033
2023 $12,923 $41,001 $5,742 $35,259
2022 $12,923 $29,705 $4,959 $24,746
2021 $12,295 $29,703 $4,958 $24,745
2020 $13,183 $32,609 $4,958 $27,651
2019 $12,710 $30,501 $4,436 $26,065
2018 $12,241 $30,501 $4,436 $26,065
2017 $13,387 $32,724 $4,436 $28,288
2016 $10,067 $24,175 $3,653 $20,522
2015 $9,870 $24,175 $3,653 $20,522
2014 $10,162 $25,628 $3,653 $21,975
2013 $8,666 $23,858 $3,653 $20,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10592316

Midwest Real Estate Data (MRED)
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