Exceptional Investment Opportunity! Discover this impressive 4-unit building that's bursting with potential and primed for income generation. When fully leased, this property brought in 6,400/month in rental income-making it a true cash-flowing asset. Each spacious unit is ready for occupancy, with three units delivered vacant-a perfect chance to hand-pick your tenants or live in one and rent out the others. Unit 1W is currently occupied, generating 1,300/ Lease EXPIRES 10/31/25 (1 bed, 1 bath). The building features a common area laundry room, which could be easily upgraded with coin-operated machines for additional income. Plus, there's a fully finished basement offering 4 bedrooms and 1 bathroom-seller does not represent the legality of this space, but it opens the door for creative use. Recent updates include a brand-new roof and two water heaters (installed in 2023 and 2015). Don't miss your chance to capitalize on this value-packed property-schedule your showing today!
Alsip is located in Illinois. Alsip, Illinois has a population of 19,036. Alsip is more family-centric than the surrounding county with 30.87% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Alsip, Illinois is $59,123. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Alsip is 39.2 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 38.9 inches per year, with 31.7 inches of snow per year.