NOT LISTED FOR SALE

4039 W 119th St Alsip, IL 60803

Alsip Area
11 Beds
6 Baths
-- Sq Ft
7,375 Sq Ft Lot

Sale Details

Date Sold: May 30, 2025

Last sale price $985,000

32 Days on Market

About This Home

As of May 2025

Completely rehabbed building down to the studs. Almost everything in this building is BRAND NEW!! (Windows are 2019) This turn key, high income yielding building consists of one 3 bedroom / 1.5 bath unit, three 2 bedroom / 1 bath units and two 1 bedroom / 1 bathroom units. NEW ROOF, GUTTERS, DOWNSPOUTS done right before listing. All units have identical finishings consisting of white shaker cabinets, granite counters all new stainless steel appliances including dishwashers in all units. Sleek, modern bathrooms. All units have luxury, vinyl plank flooring throughout. All balconies have been completely rebuilt. New glass patio doors. Code approved fire sprinkler safety system throughout the building. Excellent location. Walking distance to shopping, public transportation & restaurants. Tenants pay electric heat and hot water, owner pays water/sewer and common area electric. Coin-operated laundry provides additional income. Off-street parking located at rear of building with alley access, 10 parking stalls. Fully occupied and provides excellent cash flow.

Last Agent to Sell the Property

Michelle Ward

Coldwell Banker Real Estate Group License #475175374 Listed on: 03/07/2025

Coldwell Banker Real Estate Group

Co-Listed By

John Ward

Coldwell Banker Real Estate Group License #475207382

Last Buyer's Agent

Diana Jasin

Chicagoland Brokers Inc. License #475126028

Chicagoland Brokers Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,955

Year Built

  • Built in 1973

Lot Details

  • 7,375 Sq Ft Lot
  • Lot Dimensions are 125 x 59

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $648
  • Fuel Expense $648
  • Insurance Expense $2,570
  • Other Expense $3,806
  • Trash Expense $1,189
  • Water Sewer Expense $3,057
  • Operating Expense $22,769
  • Gross Income $115,200
  • Net Operating Income $96,431

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,955

Year Built

Built in 1973

Lot Details

7,375 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1973
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Block, Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Roof Structure: Hip
  • Misc Outside: Balcony/ies

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Electric
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 1189
  • Water Sewer Expenses: 3057
  • Operating Expense Includes: Accounting,Insurance,Licenses,Maintenance,Maintenance Grounds,Maintenance Structure,Snow Removal,Trash,Utilities,Water/Sewer,Electricity

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 125 X 59
  • Lot Size Sq Ft: 7375
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 96431
  • Fuel Expense: 648
  • Insurance Expense: 2570
  • ElectricExpense: 648
  • GrossIncome: 115200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 22769
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 8955
  • Tax Year: 2023
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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
05/30/2025 05/30/25 Sold $985,000 -1.2% --
04/08/2025 04/08/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $997,000 +143.2% --
12/10/2019 12/10/19 Sold $410,000 -9.9% -- View Prior Sale
09/12/2019 09/12/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $455,000 0.0% --
08/28/2019 08/28/19 Price Changed $455,000 +11.0% --
08/26/2019 08/26/19 Off Market $410,000 -- --
08/16/2019 08/16/19 Price Changed $459,000 -0.2% --
08/14/2019 08/14/19 For Sale $459,900 -- --
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 $8,955 $11,384 $4,056 $7,328
2024 $8,955 $11,384 $4,056 $7,328
2023 $15,712 $27,028 $4,056 $22,972
2022 $15,712 $39,121 $3,503 $35,618
2021 $14,946 $39,120 $3,503 $35,617
2020 $16,266 $43,076 $3,503 $39,573
2019 $14,180 $36,198 $3,134 $33,064
2018 $13,651 $36,198 $3,134 $33,064
2017 $15,840 $41,705 $3,134 $38,571
2016 $13,248 $34,172 $2,581 $31,591
2015 $13,143 $34,172 $2,581 $31,591
2014 $12,688 $34,172 $2,581 $31,591
2013 $11,497 $33,483 $2,581 $30,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12306381

Midwest Real Estate Data (MRED)
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