Renovated 6-Unit Apartment
For Sale
Contact for pricing
12438 Fairview Ave, Blue Island, IL 60406
Fully occupied multifamily property with renovated units, refreshed common areas, and a recently upgraded roof.
Property SizeContact for details
Days on Market143
Property Features for 12438 Fairview Ave
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
EXP Realty
(773) 630-9205
Listed By:
Jake Fugman · License #IL 475.181407
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 5:05AM
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 Realty
Investment Insights
Based on property information with market context.
This six-unit apartment property is fully occupied and offers a mix of five two-bedroom, one-bath units and one one-bedroom, one-bath unit. Interior improvements have been completed in the units, while common areas have been freshly painted. The roof has also been upgraded, along with other capital improvements.
The property carries a 9.2% cap rate. Three units are currently leased below market rates, and the property is offered with the option to purchase 12930 Page Court in Blue Island as part of a combined transaction.
The property carries a 9.2% cap rate. Three units are currently leased below market rates, and the property is offered with the option to purchase 12930 Page Court in Blue Island as part of a combined transaction.
Key Highlights
- Fully occupied 6‑unit apartment building
- Unit mix includes five 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
- 9.2% Cap Rate
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
749
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with renovated units, refreshed common areas, and a recently upgraded roof.
Where is this apartment building located?
The property is located at 12438 Fairview Ave Blue Island, IL.
What are key features of this property?
This property features: Fully occupied 6‑unit apartment building; Unit mix includes five 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; 9.2% Cap Rate
