BEDS0
BATHS
SQUARE FEET6,145
MLS#12584412
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
Turnkey 6-unit multifamily investment opportunity in Blue Island generating $81,792 in current annual rental income with immediate upside through market rent growth. The building features a mix of well-maintained units with stable tenants and consistent occupancy. Average rents are currently $1,136 per unit, while comparable rentals in the area support rents closer to $1,325-$1,350, providing over $14,000 in potential annual rental upside through normal lease renewals and tenant turnover. Operating expenses are well documented and include property taxes, utilities, maintenance, and management assumptions. At market rents, the property offers strong income potential with additional upside through rent growth. The property benefits from strong rental demand due to its convenient location near shopping, transportation, and employment centers. Financials, rent roll, and operating statement available upon request.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 7,179
Stories: 3.0
Taxes: $19,340
Year Built: 1962
Feature Descriptions
Current Use: Multi-Family
Days on Site: 4
Exterior: Brick
HVAC: Radiators, Baseboard
Lot Dimensions: 7179
Parcel#: 25312140230000
Tenant Pays: Electricity
Units: 6
Listed By / Shown By
Listed By
Agency Name: Citypoint Illinois LLC
Agency Phone: 847-744-5003
Shown By
Agent Name: Dale Williams
Agent Phone: Cell: (815) 519-2243
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 4,221.53 per month $2,452.39 Principal & Interest $1,611.67 Property Tax $157.47 Homeowner's InsuranceChange Payment Information
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12926 Page Court | MLS# 12584412
This multi-family property located at 12926 Page Court , Blue Island, IL 60406 is currently listed for sale with an asking price of $539,900. Search Blue Island real estate on dwilliams.gogambino.com today.