3835 W 124th Place
Property Description
Great income-producing opportunity in Alsip! This 6-unit apartment building features three 2-bedroom units and three 1-bedroom units. Since the current owner purchased the property in 2018, four of the six units have been renovated, while the remaining two are occupied by long-term tenants. Nice size lot in quiet area of similar properties. The boiler was replaced within the past year. Coin-operated laundry brings in approximately $120-$150 per month. A two-car garage is currently rented as storage for $220 per month. Two units are currently vacant, offering convenient access for showings and an opportunity for the next owner to lease them at current market rents. New roof will be installed before closing! Rent roll and expenses are available upon request.
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $700,000 |
| No. of Units: | 6 |
| Year Built: | 1972 |
| Opportunity Zone: | No |
| Price per unit: | $116,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 6 |
ID: 3yd-MREDIL-12762121
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