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$ 599,900
Est. payment /mo
Active Under Contract
11962 S Kildare AVE Alsip, IL 60803
12 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12328832
Bedrooms 12
Year Built 1971
Annual Tax Amount $13,840
Tax Year 2023
Lot Dimensions 9025
Property Sub-Type Two to Four Units
Property Description
Exceptional Investment Opportunity! Discover this impressive 4-unit building that's bursting with potential and primed for income generation. When fully leased, this property brought in 6,400/month in rental income-making it a true cash-flowing asset. Each spacious unit is ready for occupancy, with three units delivered vacant-a perfect chance to hand-pick your tenants or live in one and rent out the others. Unit 1W is currently occupied, generating 1,300/ Lease EXPIRES 10/31/25 (1 bed, 1 bath). The building features a common area laundry room, which could be easily upgraded with coin-operated machines for additional income. Plus, there's a fully finished basement offering 4 bedrooms and 1 bathroom-seller does not represent the legality of this space, but it opens the door for creative use. Recent updates include a brand-new roof and two water heaters (installed in 2023 and 2015). Don't miss your chance to capitalize on this value-packed property-schedule your showing today!
Location
State IL
County Cook
Area Alsip / Garden Homes
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Baseboard, Radiator(s)
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Aluminum Siding,Brick, No
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Brick
New Construction false
Schools
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 Jose Aguilar • Realty of America, LLC