$459,000
$475,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 12/20/2023
Key Details
Sold Price $459,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11889170
Sold Date 12/20/23
Maintenance Fees $3,030
Year Built 1964
Annual Tax Amount $11,096
Tax Year 2021
Lot Dimensions 5416
Property Sub-Type Multi Family 5+
Property Description
About the Property: Introducing an excellent investment opportunity in Blue Island, IL. Built to high standards, the building consists of six spacious and fully-occupied units, five featuring 2 bedrooms and 1 bathroom and one featuring 1 bedroom and 1 bathroom. The property also offers on-site parking for tenants, newer windows, separately metered heating, all adding to its appeal. With a strong rental history, this property offers a stable and attractive cash flow for investors. In addition, the property is situated in a thriving rental market with a low vacancy rate, ensuring consistent demand for years to come. About the Area: Blue Island is a town of 22,500 in southern Cook County, Illinois. It has traditionally been an industrial hub serving Chicago since the late 1800's but presently has a more diverse economy. It is situated 15 miles south of the Chicago Loop and 8 miles south of Midway International Airport. Moraine Valley Community College has a campus in Blue Island and Dwight D Eisenhower High School serves as the main secondary education institution for the town. Blue Island is home to the well-known Meadows Golf Club.
Location
State IL
County Cook
Area Blue Island
Zoning MULTI
Interior
Fireplace N
Building
Level or Stories 3
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Bought with Alejandro Garcia • Urbanitas, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "