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6-Unit Multifamily Property
New
For Sale
$518,000

13507 Seeley Ave, Blue Island, IL 60406

Well-maintained apartment property with six residential units in Blue Island, Illinois.

Property Size4,700 SF
Days on Market6

Property Features for 13507 Seeley Ave

General Information

Standard status Active
Size 4,700 SF
Property subtype Multifamily

Additional Details

Cap Rate 6.45%
Multifamily Units 6

Amenities

New Hardwood Flooring for Two Units
Newer Windows
On-Site Laundry Facility and Ample Off-Street Parking
Long-Term Owners
PACE Bus Stops Located Footsteps Away on Western Avenue

Building Details

Building Size 4,700 SF
Units 6
Listing Agency: Chicago Oak Brook Office
Listed By: Ryan Engle · License #License(s): IL: 475.143971
Source: Marcusmillichap
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 20 at 4:08AM

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 Chicago Oak Brook Office

Investment Insights

Based on property information with market context.

This multifamily property contains six residential units and has been maintained by a long-term owner. The asset is located at 13507 Seeley Avenue in Blue Island, Illinois, with a 60406 ZIP code. Its apartment-building classification and six-unit configuration provide a straightforward residential income property profile.

Key Highlights

  • Six‑unit multifamily property
  • Located at 13507 Seeley Avenue in Blue Island, IL 60406
  • Maintained by a long‑term owner

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Grocery & Convenience Store Accounting Firm Computer & Electronic Repair Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained apartment property with six residential units in Blue Island, Illinois.
Where is this apartment building located?
The property is located at 13507 Seeley Ave Blue Island, IL.
What is the asking price?
The asking price for this property is $518,000.
What are key features of this property?
This property features: Six‑unit multifamily property; Located at 13507 Seeley Avenue in Blue Island, IL 60406; Maintained by a long‑term owner
More about this property
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