CRE Admin

Alsip, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Alsip, Illinois Market population: 19K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

Advertisement
Cap Rate: Any NOI: Medium Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties near Alsip.
1 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Alsip IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Alsip IL Properties: 3.0200%

πŸ“Š Average Income For Alsip IL Commercial Property: $53,002

Investor Questions For Alsip IL

Common questions from investors exploring commercial real estate in Alsip IL.

What's the overall investment potential of Alsip, IL, considering its demographics and economy? +
Alsip's median household income of $53,002, combined with a relatively low poverty rate of 10.2% and high health insurance coverage of 91.2%, suggests a stable market with a strong foundation for rental income. The top industries, including Public Administration and Professional, Scientific, & Management, & Administrative & Waste Management Services, also indicate a diverse economy, which can lead to a more resilient rental market.
How does the city's ethnic diversity and commute time impact the demand for housing? +
The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, can attract a wide range of renters, while the average commute time of 31.1 minutes and the use of public transit as a top commute method suggest that the city's infrastructure can support a strong demand for housing, particularly among working professionals who value convenience and accessibility.
What are the key factors that influence the quality of life in Alsip, IL, and how do they impact real estate investment? +
The city's high health insurance coverage rate of 91.2%, low poverty rate of 10.2%, and relatively short average commute time of 31.1 minutes all contribute to a high quality of life, making it an attractive location for renters and potentially increasing demand for housing. Additionally, the city's diverse economy and stable employment market can provide a solid foundation for long-term real estate investment.
How does the local economy, including top industries and employment rates, affect the real estate market in Alsip, IL? +
The presence of top industries such as Public Administration, Professional, Scientific, & Management, & Administrative & Waste Management Services, and Information, combined with an employed population of 9,010, suggests a strong and diverse economy, which can lead to a stable and growing demand for housing. Furthermore, the city's median household income of $53,002 and low poverty rate of 10.2% indicate a relatively affluent population, which can support higher rental yields and property values.
What role do housing market factors, such as median property value and homeownership rate, play in determining the investment potential of Alsip, IL? +
The median property value of $170,900 and median property taxes of $4,652 in Alsip, IL, suggest a relatively affordable housing market, which can be attractive to investors looking for opportunities to generate rental income. Additionally, the city's homeownership rate of 62.5% indicates a strong sense of community and stability, which can contribute to a lower turnover rate and higher demand for rental properties, making it a more appealing investment opportunity.

Alsip IL Real Estate & City Facts

Key facts and real estate information about Alsip IL.

What are some of the best neighborhoods to live in Alsip? +
Some of the best neighborhoods to live in Alsip include Central Alsip, which is a peaceful and family-friendly area. Other desired areas tend to be in the northeast parts of the city, while more affordable homes are in the southeast regions.
What are some fun things to do in Alsip? +
There are several things to do in Alsip, including visiting the Holy Sepulchre Cemetery, Burr Oak Cemetery, Sears Park, and Aquatic Park. You can also explore the St Terrence Catholic Church and My area.
What is the food scene like in Alsip? +
Unfortunately, I was unable to find information about the food scene in Alsip. However, there are likely several restaurants and eateries in the area that serve a variety of cuisines.
What are the pros and cons of living in Alsip? +
The pros of living in Alsip include its peaceful and family-friendly neighborhoods, as well as its several parks and attractions. However, some areas of Alsip may have more affordable homes, but also higher crime rates. It's essential to research and visit the area before making a decision.
Is Alsip a good place to live? +
Alsip can be a good place to live, depending on your preferences and priorities. It offers a mix of peaceful neighborhoods, parks, and attractions, but also has some areas with higher crime rates. It's crucial to weigh the pros and cons and consider factors like commute time, schools, and community before making a decision.
Advertisement