5544 W Cal Sag Rd Alsip, IL 60803
- Residential income homes
- 4,141 SF
- 0.18 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 5544 W Cal Sag Rd
- Year built
- 1970
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.18 lot acres
- Property size
- 4,141 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 24-28-303-010
- APU
- 2428303010
Description
This exceptional investment property, located at 5544 W Cal Sag Road in Alsip, Illinois, presents a rare opportunity to acquire a six-unit multifamily building. Priced at $674,900, this property offers a strong potential for rental income and appreciation. The building comprises a mix of unit sizes designed to cater to a diverse range of tenants. Two units boast one bedroom and one bathroom, providing comfortable living spaces for individuals or couples. The remaining four units offer two bedrooms and one bathroom each, ideal for small families or roommates. On-site parking is available for residents, adding significant convenience and value. The property's location in Alsip offers easy access to local amenities, transportation routes, and employment centers. Adding to the appeal, two of the units feature private patios or balconies, enhancing their desirability and rental potential. This property is an excellent addition to any investment portfolio, offering a blend of established rental income and future growth prospects. The property sits on a lot of zero acres. This is a turnkey investment ready for immediate income generation. The building's solid construction and desirable features make it a low-maintenance, high-return investment opportunity. Don't miss this chance to secure a profitable addition to your real estate holdings.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,050,000
- 6.5%
- $1,120,000
- 7%
- $1,155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,215,000
- Geo Method
- $1,330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,300,000
- Retail
- $1,070,000
- Mixed-Use
- $1,225,000
- Hospitality
- $1,085,000
- Educational
- $1,090,000
- Residential Income
- $1,040,000
- Energy
- $975,000
- Income-Based Land
- $1,305,000
- Food Service
- $1,315,000
Location Insight
- Map
- Local Demand
- City
- Alsip
- County
- Cook
- State
- Illinois
- Longitude
- -87.7573
- Latitude
- 41.6644
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
