Amazing 4 unit investment opportunity! This extremely well maintained building features a 3 bedroom 2 bath unit, two 2 bedroom/1 bath units and a 1 bedroom/1 bath unit. Unit 1N has been updated with 6 panels doors, modern eat in kitchen with stainless steel appliances, granite counter tops and glass tile backsplash, spacious living room, full bathroom with white vanity and granite top, good sized master bedroom with master bathroom with walk in shower and two additional good sized bedrooms. Newer: tear off roof, refrigerator, oven/range and A/C unit 1N (2022), sump pump and back up sump system (2020), oven/range unit 2N (2019), refrigerator, stove and A/C unit 1S (2018), building electric box and refrigerator in unit 2N (2017), unit 2N living room carpet (2016-2017), oven range and windows in unit 2S (2015). Speed Queen Commercial washer and Dryer (appx $1,387 per year in income). Tenants pay electric. 8 parking space in rear parking lot! Property taxes are $12029.49 with no exemptions. Great location near shopping, restaurants and access to I-294! Pre-approval or proof of funds required prior to showing.
FLOWERS BLOOM AS YOUR INVESTMENT BLOSSOMS IN THIS DIVIDENDS -PAYING ALL BRICK 2-FLAT WITH EXTRA LONG ASPHALT DRIVEWAY LEADING TO 2-CAR GARAGE. A GOOD MONEY MAKER WITH SEPARATE FURNACES, CENTRAL-AIR, AND ELECTRIC MEANS EACH TENANT PAYS ALL THEIR OWN UTILITIES. PRUDENT MAIN-LEVEL LAUNDRY ACCESSED FROM FOYER. APPLIANCES INCLUDED IN LARGE KITCHENS WITH PATIO DOOR ACCESS TO PRIVACY TALL REAR FENCED YARD. READY TO GO OWNER RESIDES ON 2ND FLOOR AND KEPT THE SUSPENDED IN TIME 1ST FLOOR UNOCCUPIED FOR NUMEROUS YEARS. CONSIDER, IF BUILDING WAS FULLY RENTED FOR A YEAR THE 1ST FLOOR 2-BEDROOM UNIT COULD POSSIBLY RENT FOR $1200. THE 2ND FLOOR 3-BEDROOM UNIT COULD POSSIBLY RENT FOR $1700, FOR A TOTAL POTENTIAL ANNUAL GROSS RENTAL INCOME OF $34,800. (I HAVE USED THE LOWEST RENTS OF SIMILAR LISTED APARTMENTS IN ALSIP). SINCE THE TENANTS PAY THEIR OWN UTILITIES, THE ANNUAL OPERATING EXPENSES ARE BASICALLY THE REAL ESTATE TAXES AND INSURANCE, LEAVING A POTENTIAL NET INCOME OF $26.198. GRAND OPPORTUNITY FOR YOUR TENANT TO POTENTIALLY PAY YOUR MORTGAGE IN THIS SMART INVESTMENT START AND UPON TOURING YOU WILL FEEL YOU FOUND A SAFE PLAN FOR A GOOD FUTURE.
Amazing 4 unit investment opportunity!!! This extremely well maintained building features a 3 bedroom/2 bath unit, two 2 bedroom/1 bath units and one 1 bedroom/1 bath unit. Updates include: newer bathtubs in all units, kitchen appliances in unit 2N, oven/ranges in units 2N and 2S and refrigerator in unit 2N, building water heater (2023), stainless steel appliances in unit 1N and A/C unit 1S (2022), refrigerator and oven/range in unit 1S, sump pump and back up sump system (2020), kitchen cabinets unit 2B and A/C unit 1N (2019), A/C unit 2S (2018), refrigerator unit 1N and unit 2S (2017), oven/range and refrigerator in unit 2S (6 years). Master bath remodel unit 1N, 2N and 2S, windows (2015/16), boiler (10-12 years). Speed Queen Commercial washer and dryer (coin laundry income appx. $1,387/year). Ample parking in the rear parking lot! Property taxes are $12,029.91 with no exemptions. Great location near shopping, restaurants and access to I-294! Pre-approval or proof of funds required prior to showing.
Alsip is located in Illinois. Alsip, Illinois has a population of 19,302. Alsip is less family-centric than the surrounding county with 23.86% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Alsip, Illinois is $52,432. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Alsip is 35.9 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.2 inches per year, with 34.8 inches of snow per year.