5307 W 124th Street Alsip, IL ^$ 2,727,000

5307 W 124th Street

^$ 2,727,000

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5307 W 124th Street

Alsip, IL, 60803

^$ 2,727,000

Studio Baths0.0 Sq 20,345

Monthly Estimate*

^$ 19,049

5307 W 124th Street, Alsip, IL 60803 - Image 1

Studio

Commercial Property for sale in Alsip, IL

for $2,727,000. This 20,345 square foot building was built in 1978 on a lot size of 1.42.

Great fully leased under market rate property. Property is well maintained and managed . Easy access and a great price . Lots of upside potential. Warehouse for automotive repair, Bodyshop, distribution warehouse, small manufacturing or more. Also includes billboard rental .

Commercial Active

Price

^$ 2,727,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 89,535

Style

Industrial,Office

Lot Size

1.42

Year Built

1978

Town/City

Alsip

County/Region

Cook

MLS | Web ID

11621090

Features

General

Cooling None

Zoning INDUS

Construction Materials Brick

Year Built 1978

Electric Circuit Breakers

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Roof Scavenger Structure Sewer Other

Stories 1

Township Worth

Property SubType Garage Manufacturing / Warehousing Other

Tax Year 2020

Current Use Industrial Office

Gross Income 293520

County Cook

Net Operating Income 163628

Operating Expense 40357

Property Type Commercial Sale Industrial

Status Active

Directions Take 122nd St to S Laramie Ave go south to 123rd place continue to property

City Alsip

Total Units 12

MLS Area Alsip / Garden Homes

Lot Size Square Feet 61855

Street Name 124th

Tax Annual Amount 89535

Additional Parcels Y/N N

Leasable Area 20345

Days on Market 600

Standard Status Active

Exterior

Building Area Total 20345

Lot Dimensions 480X306X90X105X105X270

Frontage Type City Street

Exterior Brick

Interior

Street Suffix Street

* Excluded Features

List By

Century 21 Circle

Broker

georgeventurella@gmail.com

Affordability Calculator

$26,510

Per Month

Monthly Principal & Interest: $19,049
Monthly Property Taxes: $7,461
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Alsip, IL

Average List Price ^$1,083,800

Percent of Sale Price 60%

About Alsip, IL

18,934 Population

-2% Since 2002

^$53,461 Median Income

38.38 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/3/2022	$2,727,000		Listed Price

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5307 W 124th Street, Alsip, IL, 60803 is a Commercial Property for sale at $2,727,000 with 20,345 sqft and a lot size of 1.42. 5307 W 124th Street is a studio with 0.0 baths and was built in 1978. The property's zip code is 60803 which is in Alsip, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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5307 W 124th Street

Commercial Property for sale in Alsip, IL

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