Blue Station Apartments
Multifamily | 345 Units | $71,014/unit
Marketing description
Blue Station Apartments is an exceptionally well-maintained 345-unit multifamily community in Blue Island, Illinois, offering a mix of studio, one, and two-bedroom apartments. The community has benefited from over $3.1 million in capital improvements over the past four years and is offered at an attractive basis with immediate yield. The property is located steps from the Metra train station and public transportation, providing convenient access to downtown Chicago in approximately 30 minutes. With practical floor plans featuring open kitchens, spacious bedrooms, and on-site laundry facilities, Blue Station Apartments offers immediate scale within the Chicagoland market and is well positioned among nearby shopping and residential neighborhoods.
Investment highlights
- Well-Maintained Asset with Strong Historical Occupancy
- Over $3.1M in Capital Improvements in Last 4 Years
- Attractive Basis with Immediate Yield
- Immediate Scale into High Tenant Demand Market
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