Value-Add Five-Unit
For Sale
Contact for pricing
11902 Longwood Dr, Blue Island, IL 60406
Five residential units with off-street parking, storage, and on-site laundry, with recent roof, boiler, and window improvements.
Property SizeContact for details
Days on Market123
Property Features for 11902 Longwood Dr
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
5
Building Details
Tenancy
Multi
Listing Agency:
eXp Commercial LLC
(630) 474-6441
Listed By:
Randolph Taylor · License #475.142701
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 5:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial LLC
Investment Insights
Based on property information with market context.
This fully occupied, five-unit multifamily property features four one-bedroom, one-bath units and one two-bedroom, one-bath unit. Amenities include off-street parking, storage units, and on-site laundry for tenant convenience. The property has undergone recent improvements, including a new flat membrane roof, gutters, boiler, and vinyl windows, which the seller notes help limit major capital exposure and support operating efficiency.
Located in Blue Island, Illinois, the property is approximately 16 miles south of Chicago’s Loop. It is about two blocks from the 119th Street Metra station and the 119th Street and Vincennes Road bus stop, with access roughly two minutes from Interstate 57.
According to the landlord, each unit has an annual written lease with long-term, stable tenancy and a history of timely rental payments, and tenants are current on rent as of the drafting of the offering memo. The offering is positioned as a value-add opportunity, with the potential described to increase below-market rents conservatively by $125 per month through modest unit renovations.
Located in Blue Island, Illinois, the property is approximately 16 miles south of Chicago’s Loop. It is about two blocks from the 119th Street Metra station and the 119th Street and Vincennes Road bus stop, with access roughly two minutes from Interstate 57.
According to the landlord, each unit has an annual written lease with long-term, stable tenancy and a history of timely rental payments, and tenants are current on rent as of the drafting of the offering memo. The offering is positioned as a value-add opportunity, with the potential described to increase below-market rents conservatively by $125 per month through modest unit renovations.
Key Highlights
- Fully occupied 5‑unit multifamily in Blue Island, IL: four 1‑bed/1‑bath and one 2‑bed/1‑bath unit
- Off‑street parking, storage units, and on‑site laundry
- Recent improvements include a new flat membrane roof, gutters, boiler, and vinyl windows
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Explore this area
Business Placement
Demographics for 60406, IL
24,011
Population
9,925
Households
2.4
Avg Household Size
36
Median Age
18%
College-Educated
82%
High-School Grad
5.4 sq mi
ZIP Area
4,446
Density / Sq Mi
$59,502
Median Household Income
$34,379
Median Earnings
$1,081
Median Rent
$166,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five residential units with off-street parking, storage, and on-site laundry, with recent roof, boiler, and window improvements.
Where is this apartment building located?
The property is located at 11902 Longwood Dr Blue Island, IL.
What are key features of this property?
This property features: Fully occupied 5‑unit multifamily in Blue Island, IL: four 1‑bed/1‑bath and one 2‑bed/1‑bath unit; Off‑street parking, storage units, and on‑site laundry; Recent improvements include a new flat membrane roof, gutters, boiler, and vinyl windows
