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$700,000 Just Listed
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Property Description
Great income-producing opportunity in Alsip! This 6-unit apartment building features three 2-bedroom units and three 1-bedroom units. Since the current owner purchased the property in 2018, four of the six units have been renovated, while the remaining two are occupied by long-term tenants. Nice size lot in quiet area of similar properties. The boiler was replaced within the past year. Coin-operated laundry brings in approximately $120-$150 per month. A two-car garage is currently rented as storage for $220 per month. Two units are currently vacant, offering convenient access for showings and an opportunity for the next owner to lease them at current market rents. New roof will be installed before closing! Rent roll and expenses are available upon request.
Full Property Details
Full Property Details for 3835 W 124th Pl
General
- Price: $700,000
- HOA FEE: $4,729
- Taxes: $15,454 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12762121
- Updated: 10/20/2026
- Added to Site: 1 day(s) ago
Location
- Area: Alsip / Garden Homes
- County: Cook
- Township: Worth
- Driving Directions: W 123rd Street to S Springfield Avenue
Community
- Assoc. Fees Include: Water, Gas
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Heat/Individual Controls
Utilities
- Trash: 1080
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1972
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Dimensions: 88 x 125
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Maint. Fee: $4,729
- Insurance Fee: $3,983
- Operating Expenses: $35,843
- Other Fee: $4,370
- Assessment Year: 1972
- Tax Amount: $15,454
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Electricity
- Pays Electric: 660
- Pays Trash: 1080
Disclosures and Reports
- Property ID: 24263000700000
Listed by Cloudup Realty LLC
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Schools
Schools serving 3835 W 124th Pl
School Districts:Cook County School District 130, Community High School District 218
| Name | Grades | Distance |
|---|---|---|
George Washington Elementary School, Alsip, IL 12545 South Homan Avenue, Alsip, IL 60803 | K-5 | 0.7 mi |
Nathan Hale Middle School 5220 135th St, Crestwood, IL 60445 | 6-8 | 2.1 mi |
Dd Eisenhower High School (Campus) 12700 Sacramento Avenue, Blue Island, IL 60406 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3835 W 124th Pl
Date
Details
Price
Change
Source
10/20/2026
Listed
$700,000
100%
MLS
5/10/2018
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3835 W 124th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,454
4%
$43,000
26%
2022
$14,825
5%
$34,074
—
2021
$14,104
2%
$34,074
—
2020
$13,775
3%
$34,074
7%
2019
$13,316
4%
$31,955
—
2018
$12,824
-2%
$31,955
—
2017
$13,072
24%
$31,955
27%
2016
$10,515
-3%
$25,251
-4%
2015
$10,790
-10%
$26,427
-12%
2014
$11,951
7%
$30,141
-2%
2013
$11,212
5%
$30,870
—
2012
$10,711
—
$30,870
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3835 W 124th Pl
3835 W 124th Place, Alsip, IL 60803 (MLS# 12762121) is a Commercial property. 3835 W 124th Place is currently listed for $700,000 and was received on October 20, 2026. Want to learn more about 3835 W 124th Place? Do you have questions about finding other Commercial real estate for sale in Alsip? You can browse all Alsip real estate or contact a Coldwell Banker agent to request more information.

