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12227 Spencer Street, Alsip, IL 60803
$365,000 Contingent
12227 Spencer Street, Alsip, IL 60803View this property at 12227 Spencer Street, Alsip, IL 60803
12227 Spencer StreetAlsipIL60803
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Property Description
Flowers Bloom As Your Investment Blossoms in This Dividends -Paying All Brick 2-Flat With Extra Long Asphalt Driveway Leading To 2-Car Garage. A Good Money Maker With Separate Furnaces, Central-Air, and Electric Means Each Tenant Pays All Their Own Utilities. Prudent Main-Level Laundry Accessed From Foyer. Appliances Included in Large Kitchens With Patio Door Access To Privacy Tall Rear Fenced Yard. Ready To Go Owner Resides On 2Nd Floor and Kept The Suspended in Time 1St Floor Unoccupied For Numerous Years. Consider, If Building Was Fully Rented For A Year The 1St Floor 2-Bedroom Unit Could Possibly Rent For $1200. The 2Nd Floor 3-Bedroom Unit Could Possibly Rent For $1700, For A Total Potential Annual Gross Rental Income Of $34,800. (I Have Used The Lowest Rents Of Similar Listed Apartments in Alsip). Since The Tenants Pay Their Own Utilities, The Annual Operating Expenses Are Basically The Real Estate Taxes and Insurance, Leaving A Potential Net Income Of $26.198. Grand Opportunity For Your Tenant To Potentially Pay Your Mortgage in This Smart Investment Start and Upon Touring You Will Feel You Found A Safe Plan For A Good Future.
Full Property Details
Full Property Details for 12227 Spencer St
General
- Price: $365,000
- Taxes: $6,702 (2022)
- Status: Contingent
- Type: Multi-Family
- MLS ID: 12051221
- Updated: 5/19/2024
- Added to Site: 22 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Cable TV, Intercom, Ceiling Fan(s), Water Heater-Gas
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: Alsip / Garden Homes
- County: Cook
- Township: Worth
- Driving Directions: VIA CICERO AVENUE JUST NORTH OF I-294 TO 123RD STREET EAST 1-BLOCK TO SPENCER NORTH TO 12227 BROWNISH BRICK 2-FLAT ON EAST SIDE OF STREET.
School Information
- School District: 126
- Elem School District: 126
- Midd School District: 126
- High School District: 126
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Model: 2-FLAT
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1985
Unit Information
- Units in Building: 2
Manufactured Home
- Model: 2-FLAT
Lot Features
- Lot Size (Acres): 73.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 37 x 127
- Lot Features: Fenced Yard
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $1,900
- Parking Included: Yes
- Assessment Year: 1985
- Tax Amount: $6,702.84
- Tax Year: 2022
- Pays Electric: 960
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 24271020150000
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Schools
Schools serving 12227 Spencer St
School Districts:Community High School District 218, Alsip-Hazlgrn-Oaklwn Sd 126
Rating | Name | Grades | Distance |
---|---|---|---|
4600 W 123rd St, Alsip, IL 60803 | PK-6 | 0.2 mi | |
11910 S Kostner Ave, Alsip, IL 60803 | 7-8 | 0.6 mi | |
13049 S Ridgeland Ave, Palos Heights, IL 60463 | 9-12 | 2.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12227 Spencer St
Date
Details
Price
Change
Source
5/10/2024
Listed
$365,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12227 Spencer St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,351
13%
$11,423
—
2021
$2,965
-20%
$11,423
—
2020
$3,728
2%
$11,423
4%
2019
$3,640
4%
$11,007
—
2018
$3,503
-1%
$11,008
—
2017
$3,540
2%
$11,008
8%
2016
$3,467
2%
$10,191
—
2015
$3,415
3%
$10,191
—
2014
$3,307
18%
$10,191
7%
2013
$2,806
4%
$9,488
—
2012
$2,710
—
$9,488
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12227 Spencer St
12227 Spencer Street, Alsip, IL 60803 (MLS# 12051221) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 12227 Spencer Street is currently listed for $365,000 and was received on May 10, 2024. Want to learn more about 12227 Spencer Street? Do you have questions about finding other Multi-Family real estate for sale in Alsip? You can browse all Alsip real estate or contact a Coldwell Banker agent to request more information.