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$ 460,000
Est. payment /mo
Active
12211 S Spencer Street Alsip, IL 60803
8 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12397807
Bedrooms 8
Year Built 1990
Annual Tax Amount $12,259
Tax Year 2023
Lot Dimensions 3,175
Property Sub-Type Two to Four Units
Property Description
Highest and Best Terms Offers Due 6/29 5pm. Solid brick well-maintained building in a strong rental market. Great long-term value with large lot strong bones. Currently configured as a 3-unit; zoned for 2 units in the South Suburbs perfect for investors or buyers looking to owner occupy. Built in 1990 with quality construction, professionally managed and occupied with long-term tenants. Property features: (2) spacious 3 bed / 2 bath units; (1) 2 bed / 1 bath garden unit. Private balconies off the rear of each unit overlooking the backyard. Extra-wide driveway with off-street parking. On-site coin laundry in lower level. Separate family rooms and eat-in kitchens. Dual entry for added convenience. Non-conforming 3-flat offers great flexibility. Strong rents and solid structure make this ideal for a 1031 exchange, income-producing portfolio addition, or owner-occupant looking to build equity. Located near parks, schools, restaurants, and shopping. Quick access to Cicero Ave and I-294, making it ideal for commuters. Minutes from Alsip Aquatic Park, Apollo Recreation Center, and convenient to nearby grocery stores and public transportation.
Location
State IL
County Cook
Community Sidewalks, Street Paved
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
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