Listed by RE/MAX 10
$545,000
Blue Island 6-Unit
Details
Property Type Multifamily
Sub Type Apartment Building
Units 6
Cap Rate 6.89%
NOI $37,559
Occupancy 100%
Pro-Forma Cap Rate 8.08%
Pro-Forma NOI $44,039
Year Built 1968
Buildings 1
Stories 3
Zoning Multifamily
Multifamily | 6 Units | $90,833/unit
Marketing description
Six -unit Multifamily property located in Blue Island, IL. The building consists of Five-2-Br, 1-bath units and One 1-Br, 1-Bath unit. Private parking lot. Fully rented. Located close to 1-57 and I-294. Higher income potential.
Sold with building next door at 12456 Fairview.
Investment highlights
Six-Unit Multifamily.
Five-2-Br, 1-Bath units and One 1-Br, 1-Bath unit.
Fully rented.
Private parking lot.
1-Coin -Op washer and 1-Coin -Op dryer. -Owner Owned
Close to 1-57 and 1-294
Potential for higher income.
Listing Contacts
Listed by RE/MAX 10
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,559.00
$3,129.92/mo
Valuation Metrics
0
DSCR
6.89%
Cap Rate
6.89%
ROI
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Property History
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