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6-Unit Apartment Building
New
For Sale
$700,000

3835 W 124th Place, Alsip, IL 60803

Commercial Sale, Alsip, IL

Property SizeContact for details
Days on Market2

Property Features for 3835 W 124th Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 5, Bedroom 7, Bathroom 5, Bathroom 4, Bedroom 4, Bathroom 6, Bathroom 3, Bedroom 9, Bedroom 6, Bedroom 3, Bedroom 8, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Directions W 123rd Street to S Springfield Avenue
Subdivision Alsip / Garden Homes
Standard status Active
APN 24263000700000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15454

Utilities

Cooling system Window Unit(s)

Amenities

coin-operated laundry

Building Details

Year built 1972
Floors in Building 3
Number of units 6
Building materials Brick
Roof type Composition
Listing Agency: Cloudup Realty LLC
Listed By: Shasha Miao
Added: Oct 20 Last Checked: Oct 21 at 10:06AM
MLS# 12762121

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 6-unit apartment building was built in 1972 and has brick construction, window-unit cooling, and MULTI zoning. The unit mix includes three 2-bedroom apartments and three 1-bedroom apartments. Four units have been renovated, and two units are currently vacant. A boiler replacement was completed within the past year, and a new roof is scheduled for installation before closing.

Shared coin-operated laundry is on site. The two-car garage is currently used for storage under a rental arrangement.

Key Highlights

  • 6 apartments: three 2‑bedroom units and three 1‑bedroom units
  • Four of the 6 units have been renovated
  • Two units are currently vacant

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 60803, IL

22,189
Population
9,563
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
2,845
Density / Sq Mi
$66,555
Median Household Income
$42,245
Median Earnings
$1,113
Median Rent
$200,600
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Brick construction, coin-operated laundry, and a two-car garage add practical features to this multifamily property.
Where is this apartment building located?
The property is located at 3835 W 124th Place Alsip, IL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 6 apartments: three 2‑bedroom units and three 1‑bedroom units; Four of the 6 units have been renovated; Two units are currently vacant
More about this property
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