Discover this income-generating four-unit apartment building, a fantastic opportunity for seasoned investors or those looking to expand their portfolio. This well-maintained property boasts consistent occupancy and includes ample off-street parking with six spaces, ensuring convenience for tenants. An in-building coin laundry adds an extra layer of income potential and tenant appeal. The spacious landlord unit features 3 bedrooms, 2.1 bathrooms, and a private basement, offering a comfortable and functional living space. The additional three units each provide 2 bedrooms and 1 bathroom, perfect for a variety of tenants. Located in a prime area near Alsip Park District and Aquatic Park, this property is also close to numerous parks, Midway Airport, Pace Bus service, and has excellent access to major interstates. A solid investment in a sought-after location-don't miss out on this opportunity!
This well-maintained, fully occupied four-unit apartment building is a prime income-generating opportunity! The property includes a spacious landlord unit with 3 bedrooms, 2.1 baths, a private basement, and a 2.5-car garage. The additional units consist of two 2-bedroom, 1-bath apartments and one 3-bedroom, 1.1-bath apartment, all offering comfortable living spaces. Tenants enjoy the convenience of in-building coin laundry and 7 off-street parking spaces. Ideally located near Alsip Park District/Aquatic Park, numerous parks, major interstate access, Midway Airport, and Pace Bus services, this property combines excellent rental income potential with a highly desirable location.
The median home value in Alsip, IL is $235,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Alsip, IL is $235,000. Approximately 59.02% of Alsip homes are owned, compared to 36.38% rented, while 4.6% are vacant. Alsip real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Alsip real estate agent to arrange a tour today!
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.