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    2052 135Th Pl Blue Island, IL 60406

    For Sale
    $460,000

    Commercial Sale - Blue Island, IL

    Days on Market:
    88
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 2052 135Th Pl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    29061020380000

    Building Details

    Year built
    1966
    Number of units
    6
    Architectural style
    Other

    Realty One Group-Heartland (708) 678-1000 [email protected]

    Listing agent Shiree Booker (708) 678-1000 License #475148177

    Listing date Sep 19, 2025

    MLS# 12171006 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 Opportunity

    This is a commercial sale opportunity featuring a 6-flat brick apartment building in Blue Island, Illinois. The building comprises five two-bedroom apartments and one one-bedroom, one-bath apartment, totaling eleven bedrooms and six baths. Currently, three units are vacant, presenting a value-add opportunity to increase rents, which are currently below market value. Additional income is generated from a coined washer and dryer on-site. Tenants are responsible for cooking gas and electric. Ample street parking is available. The property is walkable to public Pace transportation, shopping, and schools. The building is being sold in "AS IS" condition. A complete tear-off roof was completed in 2015, and a 75-gallon water tank was installed in 2015. The boiler was rebuilt with all-new copper piping in 2015. The mechanical and exterior (brick) are in excellent condition. The units need light upgrading. This property is zoned MULTI and is a great opportunity for a novice or seasoned investor.
    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
    -87.6716977
    Latitude
    41.6478749

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    FAQs

    What type of property is this?
    Apartment building - Blue Island 6-unit apartment building with value-add potential.
    Where is this apartment building located?
    The property is located at 2052 135Th Pl Blue Island, IL.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: - Value-add opportunity through increased rents.; - Features five 2-bedroom units and one 1-bedroom unit.; - Roof, water tank, and boiler all replaced/rebuilt in 2015.
    (708) 678-1000
    Request Owner's contact information
    2052 135Th Pl 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
    2052 135Th Pl Blue Island, IL 60406
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