12031 South Kildare Avenue

Alsip, IL 60803

$524,900
Price
9
Beds
5
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover this income-generating four-unit apartment building, a fantastic opportunity for seasoned investors or those looking to expand their portfolio. This well-maintained property boasts consistent occupancy and includes ample off-street parking with six spaces, ensuring convenience for tenants. An in-building coin laundry adds an extra layer of income potential and tenant appeal. The spacious landlord unit features 3 bedrooms, 2.1 bathrooms, and a private basement, offering a comfortable and...Discover this income-generating four-unit apartment building, a fantastic opportunity for seasoned investors or those looking to expand their portfolio. This well-maintained property boasts consistent occupancy and includes ample off-street parking with six spaces, ensuring convenience for tenants. An in-building coin laundry adds an extra layer of income potential and tenant appeal. The spacious landlord unit features 3 bedrooms, 2.1 bathrooms, and a private basement, offering a comfortable and functional living space. The additional three units each provide 2 bedrooms and 1 bathroom, perfect for a variety of tenants. Located in a prime area near Alsip Park District and Aquatic Park, this property is also close to numerous parks, Midway Airport, Pace Bus service, and has excellent access to major interstates. A solid investment in a sought-after location-don't miss out on this opportunity!
  1. Listed by Joseph Siwinski • Lincoln-Way Realty, Inc

Property Details for 12031 South Kildare Avenue

Area
Alsip / Garden Homes
Township
Worth
Ownership
Fee Simple
Num Of Parking Spaces
6.0
Parking Included in Price
Yes
Heat/Fuel
Baseboard, Radiant
Zoning
MULTI
LISTING UPDATED: 12/15/2024 12:07 AM

Property Details for 12031 South Kildare Avenue

StatusActive
MLS #12220800
Days on Market9
Taxes$11,615 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Story Unit/S
Year Built1974
Lot Size0.18 AC / 7,840 SF
CountyCook County

Building Information for 12031 South Kildare Avenue

Stories-Residences4Year Built1974Building Size-Lot Size0.18 AC / 7,840 SF

Property Information for 12031 South Kildare Avenue

General Information
School Information
  • Elementary School District: 126
  • High School District: 218
  • Middle Or Junior School District: 126
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Street
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 9
  • Basement Description: Partially Finished
  • # Full Baths in Building: 5
  • # Half Baths in Building: 1
  • Num of Baths: 5.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 41-50 Years
  • Lot Description: Common Grounds, Landscaped Professionally, Outdoor Lighting
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 80X97
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 12
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Fuel Expense: $3,294.00
  • Gross Income: $55,140.00
  • Insurance Expense: $2,098.00
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Trash Expense Source: Actual
  • Trash Expense Year: 2023
  • Water Expense Source: Actual
  • Net Operating Income: $35,096.00
  • Trash Expense: $1,251.00
  • Water Sewer Expense: $1,786.00
Unit 1
  • Unit Type Actual Rent: $1,450.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 5/25
Unit 2
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 4/25
Unit 3
  • Unit Type Actual Rent: $1,045.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 12/24
Unit 4
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 7/25

Property History for 12031 South Kildare Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12031 South Kildare Avenue

Taxable ValueLand$4,140Additions$24,780Total$28,920
Tax Record2022$11,615 ($968 / month)
Home Facts
Baths4Total Finished SqFt3,748 SqFtAbove Grade Finished SqFt3,748 SqFtStories2Lot Size7,886 SqFtStyleMulti-Family Res (5+ Units)Year Built1972CountyCOOKAPN24-27-206-084

Schools near 12031 South Kildare Avenue

This home is within Alsip-Hazlgrn-Oaklwn School District 126.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Stony Creek Elementary School
PublicK to 6

Prairie Jr High School
Public7 to 8

A B Shepard High School (Campus)
Public9 to 12

Delta Learning Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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12031 South Kildare Avenue is a multi-family home for sale in Alsip, IL 60803. This property was listed for sale on December 9, 2024 by Lincoln-Way Realty, Inc, it's currently listed at $524,900. It has been on the market for a total of 9 days and was last sold on June 30, 2016. This listing's school districts are Alsip-Hazlgrn-Oaklwn School District 126, Chsd 218 School District. Nearby schools include Stony Creek Elementary School, Prairie Jr High School and A B Shepard High School (Campus). 12031 South Kildare Avenue is a 9-bed, 5.5-bath, multi-family home built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lincoln-Way Realty, Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/15/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.