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    12452 Fairview Ave Blue Island, IL 60406

    For Sale
    $545,000

    Commercial Sale - Blue Island, IL

    Days on Market:
    235
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 12452 Fairview Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    24254080300000

    Building Details

    Year built
    1962
    Number of units
    6
    Architectural style
    Other

    Remax 10 (708) 857-1500 [email protected]

    Listing agent James Tammaro (708) 429-4300 License #475114220

    Listing date Apr 25, 2025

    MLS# 12343845 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Blue Island Multifamily Investment

    This six-unit multifamily property is located in Blue Island, Illinois, in a good rental area. The property is fully rented and offers six parking spaces. It is situated close to I-57 and I-294, making it a potentially good addition to an investor's portfolio.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Blue Island
    County
    Cook
    State
    Illinois
    Longitude
    -87.6888112
    Latitude
    41.6643994

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property in a good rental area.
    Where is this apartment building located?
    The property is located at 12452 Fairview Ave Blue Island, IL.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: - Fully rented six-unit multifamily property; - Good rental area; - Six parking spaces included
    (708) 429-4300
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    12452 Fairview Ave Blue Island, IL 60406
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    Blue Island, IL 60406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12452 Fairview Ave Blue Island, IL 60406
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