12211 S Spencer Street Alsip IL 60803 MLS #MRD12455736

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Incredible Multi-Unit Opportunity in Alsip – Rented & Income-Generating! Here’s your rare chance to own a beautiful, solid brick multi-unit building in Alsip! These buildings don’t come up often-and for good reason. This property features two spacious units, each offering 3 bedrooms and 2 full bathrooms. Both units are occupied by long-term tenants, making this a great turnkey investment from day one. Each apartment includes a large, bright kitchen with sliding doors that open to private back porches-perfect for enjoying fresh air or a morning coffee. Unoccupied potential 2b 1b in the garden unit, needs to be rezoned under city compliance to use and make a legal 3 unit in accordance with Alsip. This offers excellent potential for future income growth. The building includes front and rear enclosed staircases, a long side driveway with ample off-street parking. Additional income is generated through on-site laundry facilities, adding to the building’s already strong rental performance. Located just off Cicero and 123rd, offering quick access to I-294, public transportation, and just about 20 minutes to Midway Airport via Cicero Avenue. Sold strictly As-Is. Showings by appointment only 24hr notice come explore the possibilities today!

Property Details

Price:
$460,000
MLS #:
MRD12455736
Status:
Pending
Beds:
6
Baths:
4
Type:
Multi Family
Neighborhood:
alsipgardenhomes
Listed Date:
Aug 28, 2025
Year Built:
1990
Alsip / Garden HomesAlsipgardenhomesLane Elementary SchoolPrairie Junior High School

Schools

School District:
126
Elementary School:
Lane Elementary School
Middle School:
Prairie Junior High School

Interior

Heating
Natural Gas

Exterior

Community Features
Sidewalks, Street Paved
Construction Materials
Brick
Parking Features
Off Street, Driveway, On Site, Owned
Parking Spots
3
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$12,259

Listing Agent & Office

Tericia Ruff
UTR Investments LLC

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12211 S Spencer Street
Alsip, IL