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    12917 Page St Blue Island, IL 60406

    Under Contract
    For Sale
    $474,990

    Commercial Sale - Blue Island, IL

    Lot size:
    0.19 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 12917 Page St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    APN
    25312140150000
    Lot size
    0.19 Acres

    Building Details

    Year built
    1969
    Number of units
    6
    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Shanara Carter (888) 574-9405 License #475181072

    Listing date Sep 15, 2025

    MLS# 12342575 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

    Turnkey Multifamily Investment Opportunity

    This all-brick, six-unit multifamily property is located in Blue Island. The property includes five 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Five of the six units are currently occupied, with one vacant unit available for lease at market rent. Three units have been remodeled since 2024, and the boiler system was updated in 2020. Tenants are responsible for cooking gas and electric. A coin-operated laundry area provides additional income. Assigned off-street parking is available. The property is conveniently located near Metra, Pace bus lines, I-57, schools, and shopping. It is situated in a high-demand rental corridor. Long-term tenants are in place, and current rents are below market, presenting a value-add opportunity for future rent growth. The property sits on a 0.19-acre lot.
    Property Profile 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
    -87.6639089
    Latitude
    41.6588402

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property in Blue Island with value-add potential.
    Where is this apartment building located?
    The property is located at 12917 Page St Blue Island, IL.
    What is the asking price?
    The asking price for this property is $474,990.
    What are key features of this property?
    This property features: - Turnkey 6-unit multifamily investment property in Blue Island; - Immediate income from five occupied units with one vacant unit ready to lease; - Value-add opportunity with below-market rents and potential for rent growth
    (888) 574-9405
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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
    12917 Page St Blue Island, IL 60406
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