12227 Spencer Street Alsip, IL 60803
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCook
- Taxes$6,702
- HOA/Condo/Coop Fees$0
- Days on Site12 Days
- MLS StatusActive Under Contract
- MLS ID Number12051221
- Home Size Source N/A
- Year Built1985
- Lot Size73.07 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 2
- Sewer Public Sewer
- Basement None
- Acreage 73.07
- Property Sub Type Multi Family
- Garage Spaces 2
- Foundation Concrete Perimeter
- Zoning MULTI
- General Information School Bus ServiceCommuter BusCommuter TrainInterstate Access
- Garage Detached
- Rooms Total 9
- Lot Size Less Than .25 Acre
- Water Lake Michigan
- Lot Features Fenced Yard
- Parking Total 2
Interior Features
- Heating Natural Gas
Exterior Features
- Roof Asphalt
- Waterfront Property No
- Lot Fenced Yard
Community Features
- Township Worth
- MLS Area Alsip / Garden Homes