12211 S Spencer St

Alsip, IL 60803
  • $440,000

    Price
  • 6

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing 87714 - 187866

Incredible Multi-Unit Opportunity in Alsip - Rented & Income-Generating! Here's your rare chance to own a beautiful, solid brick multi-unit building in Alsip! These buildings don't come up often-and for good reason. This property features two spacious units, each offering 3 bedrooms and 2 full bathrooms. Both units are occupied by long-term tenants, making this a great turnkey investment from day one. Each apartment includes a large, bright kitchen with sliding doors that open to private back porches-perfect for enjoying fresh air or a morning coffee. Unoccupied potential 2b 1b in the garden unit, needs to be rezoned under city compliance to use and make a legal 3 unit in accordance with Alsip. This offers excellent potential for future income growth. The building includes front and rear enclosed staircases, a long side driveway with ample off-street parking. Additional income is generated through on-site laundry facilities, adding to the building's already strong rental performance. Located just off Cicero and 123rd, offering quick access to I-294, public transportation, and just about 20 minutes to Midway Airport via Cicero Avenue. Sold strictly As-Is. Showings by appointment only 24hr notice come explore the possibilities today!

Listing Highlights for 12211 S Spencer St

Status Active
Days on Site 19
Property Type Multi-Family
MLS ® 12455736
Year Built 1990
Total Square Footage 0
Lot/Acreage 3,175
County Cook
School District 126
Elementary School Lane Elementary School

Interior Details

  • Bedrooms: 6
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 3,175
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Street,Driveway,On Site,Owned

Financial Details

  • Tax Amount: $12,259
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 24271020080000
  • Tax Year: 2023

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Listing Location

Questions About..

12211 S Spencer St Alsip, IL 60803

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Originating MLS: mred

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