4039 W 119th St - Apartments FOR SALE


Alsip, IL 60803
$997,000 USD
708-301-4700
4039 W 119th St, Alsip, IL for Sale
$997,000 USD
Apartments - FOR SALE
1/6
null | 9.6% Cap Rate

4039 W 119th St
Alsip, IL 60803


OVERVIEW

Completely rehabbed building down to the studs. Almost everything in this building is brand new. (Windows are 2019) This turn key, high income yielding building consists of one 3 bedroom / 1.5 bath unit, three 2 bedroom / 1 bath units and two 1 bedroom / 1 bathroom units. New rear off roof/gutters/ etc done right before listing. All units have identical finishings consisting of white shaker cabinets, granite counters all new stainless steel appliances including dishwashers in all units. Sleek, modern bathrooms. All units have luxury, vinyl plank flooring throughout. All balconies have been completely rebuilt. New glass patio doors. Code approved fire sprinkler safety system throughout the building. Excellent location. Walking distance to shopping, public transportation & restaurants. Tenants pay electric heat and hot water, owner pays water/sewer and common area electric. Coin-operated laundry provides additional income. Off-street parking located at rear of building with alley access, 10 parking stalls. Fully occupied and provides excellent cash flow.

FOR SALE DETAILS

PRICE

$997,000 USD

PRICE/SF

$164 USD /SF

# OF UNITS

6

PRICE/UNIT

$166,167

CAP RATE

9.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4039 W 119th St, Alsip, IL 60803-1725

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,283 SF

ZONING

-

APN/PARCEL ID

24-27-203-035-0000

ASK ABOUT THIS PROPERTY

Michelle WardColdwell Banker The Real Estate GroupMore Info
708-301-4700

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Michelle WardColdwell Banker The Real Estate GroupMore Info
708-301-4700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.