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$ 440,000
Est. payment /mo
New
12211 S Spencer ST Alsip, IL 60803
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12455736
Bedrooms 6
Year Built 1990
Annual Tax Amount $12,259
Tax Year 2023
Lot Dimensions 3,175
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Area Alsip / Garden Homes
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Community Features Sidewalks, Street Paved
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
Elementary Schools Lane Elementary School
Middle Schools Prairie Junior High School
School District 126 , 126, 126
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tericia Ruff • UTR Investments LLC