12227 SPENCER Street Alsip, IL $ 365,000
12227 SPENCER Street
$ 365,000
Share Save

12227 SPENCER Street

Alsip, IL, 60803
$ 365,000
Bedrooms5 Baths2.0 Sq 2,066

Monthly Estimate*

$ 2,426

12227 SPENCER Street, Alsip, IL 60803 - Image 1
12227 SPENCER Street, Alsip, IL 60803 - Image 2
12227 SPENCER Street, Alsip, IL 60803 - Image 3
12227 SPENCER Street, Alsip, IL 60803 - Image 4
12227 SPENCER Street, Alsip, IL 60803 - Image 5
12227 SPENCER Street, Alsip, IL 60803 - Image 6
12227 SPENCER Street, Alsip, IL 60803 - Image 7
12227 SPENCER Street, Alsip, IL 60803 - Image 8
12227 SPENCER Street, Alsip, IL 60803 - Image 9
12227 SPENCER Street, Alsip, IL 60803 - Image 10
12227 SPENCER Street, Alsip, IL 60803 - Image 11
12227 SPENCER Street, Alsip, IL 60803 - Image 12
12227 SPENCER Street, Alsip, IL 60803 - Image 13
12227 SPENCER Street, Alsip, IL 60803 - Image 14
12227 SPENCER Street, Alsip, IL 60803 - Image 15
12227 SPENCER Street, Alsip, IL 60803 - Image 16
12227 SPENCER Street, Alsip, IL 60803 - Image 17
12227 SPENCER Street, Alsip, IL 60803 - Image 18
12227 SPENCER Street, Alsip, IL 60803 - Image 19
12227 SPENCER Street, Alsip, IL 60803 - Image 20
12227 SPENCER Street, Alsip, IL 60803 - Image 21
12227 SPENCER Street, Alsip, IL 60803 - Image 22
12227 SPENCER Street, Alsip, IL 60803 - Image 23
12227 SPENCER Street, Alsip, IL 60803 - Image 24
12227 SPENCER Street, Alsip, IL 60803 - Image 25
12227 SPENCER Street, Alsip, IL 60803 - Image 26
12227 SPENCER Street, Alsip, IL 60803 - Image 27
12227 SPENCER Street, Alsip, IL 60803 - Image 28
12227 SPENCER Street, Alsip, IL 60803 - Image 29
12227 SPENCER Street, Alsip, IL 60803 - Image 30
12227 SPENCER Street, Alsip, IL 60803 - Image 31
12227 SPENCER Street, Alsip, IL 60803 - Image 32
12227 SPENCER Street, Alsip, IL 60803 - Image 33
12227 SPENCER Street, Alsip, IL 60803 - Image 34

Multi-Family Home for sale in Alsip, IL

for $365,000 with 5 bedrooms and 2 full baths. This 2,066 square foot home was built in 1985 on a lot size of 73.07.

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.

See more

Multi-Family Contingent

Price

$ 365,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,702

Style

Lot Size

73.07

Year Built

1985

Town/City

Alsip

County/Region

Cook

MLS | Web ID

12051221

Features
Exterior
Model 2-FLAT
Lot Features Fenced Yard
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 37X127
Lot Size Acres 73.07
Other Equipment TV-Cable Intercom Ceiling Fan(s) Water Heater-Gas
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick
See more
General
Sewer Public Sewer
Heating Natural Gas
Possession Immediate Negotiable
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Year Built 1985
Township Worth
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 0
County Cook
Net Operating Income 0
Insurance Expense 1900
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 9
Status Contingent
Directions VIA CICERO AVENUE JUST NORTH OF I-294 TO 123RD STREET EAST 1-BLOCK TO SPENCER NORTH TO 12227 BROWNISH BRICK 2-FLAT ON EAST SIDE OF STREET.
City Alsip
High School District 126
MLS Area Alsip / Garden Homes
Waterfront Y/N N
Street Name SPENCER
Tax Annual Amount 6702.84
Electric Expense 960
Fuel Expense 900
Trash Expense 0
Water Sewer Expense 672
Additional Parcels Y/N Y
Days on Market 26
Standard Status Active Under Contract
Middle/Junior School District 126
Elementary School District 126
See more
Interior
Basement None Crawl
Street Suffix Street
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
See more
* Excluded Features
List By
Re/Max 10

Broker

dalelesleytaylor@peoplepc.com

Email

Affordability Calculator

$2,984
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,426
Monthly Property Taxes
$559
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
564806 Elementary School
565025 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2024$365,000 Listed Price

Map


See all

12227 SPENCER Street, Alsip, IL, 60803 is a Multi-Family Home for sale at $365,000 with 2,066 sqft and a lot size of 73.07. 12227 SPENCER Street has 5 bedrooms, 2.0 baths, and was built in 1985. The property's zip code is 60803 which is in Alsip, IL