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23237863
23237846

12456 Fairview Ave, Blue Island, IL 60406 For Sale

JT
IL 475.114220
RE/MAX 10
Listed by RE/MAX 10
$545,000
439 days on market
Updated 94 days ago

Blue Island -12456

Details
Property Type Multifamily
Sub Type Apartment Building
Units 6
Cap Rate 8.08%
NOI $44,039
Occupancy 100%
Pro-Forma Cap Rate 8.58%
Pro-Forma NOI $46,736
Year Built 1968
Buildings 1
Stories 3
Zoning Multifamily

Multifamily | 8.08% CAP | 6 Units

Marketing description

Six-Unit Multifamily located in Blue Island, IL. Property is 100% rented. Five- 2-Br, 1-Bath units and One 1-Br-1- bath unit. Located close to I-57 and I-294.

  • Property is being sold with 12452 Fairview located next door.

Investment highlights

  • Six-Unit Multifamily

  • Located close to 1-57 and I-294.

  • One coin -op washer and One- coin -op dryer. - Owner owned.

  • 100% rented.

  • Private parking lot.

  • Potential for higher income.

  • Sold with 12452 Fairview located next door. [ 6-Unit Multifamily].

Listing Contacts

JT
IL 475.114220
RE/MAX 10
Listed by RE/MAX 10

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$44,039.00
$3,669.92/mo

Valuation Metrics

0
DSCR
8.08%
Cap Rate
8.08%
ROI

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Property History

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