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Triplex with Two-Car Garage
For Sale
$209,900

1949 BURR OAK Avenue, Blue Island, IL 60406

MULTI_FAMILY - Blue Island, IL

Property SizeContact for details
Days on Market121

Property Features for 1949 BURR OAK Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 1, Basement, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 3
Parking 2
Parking features Garage
Basement Unfinished, Full
Lot features Corner Lot
Elementary school district 130
Middle school district 130
High school district 218
Directions w. on 127th St. R on Lincoln St. R on Oak. R on Division
Subdivision Blue Island
Standard status Active
APN 25312000050000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6574

Utilities

Sewer type Public Sewer
Heating system Forced Air, Steam, Natural Gas
Water source Public

Building Details

Year built 1904
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: Century 21 Harthside Realtors
Listed By: Elia Pinto
Added: Apr 11 Changed: Aug 5 Last Checked: Aug 9 at 5:06AM
MLS# 12616382

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This triplex at 1949 Burr Oak Avenue in Blue Island is currently generating rental income from three separate units. The property includes a 2-car garage, vinyl siding, and an asphalt roof. Heating options include steam, forced air, and natural gas. Units 1 and 3 feature newer water heaters and newer boilers, while the second-floor unit has forced air heating.

The building is positioned near I-57 and I-294 for convenient access around the Cook County area. Water service is public, and the sewer line is public sewer.

The sale is offered in as-is condition, and a copy of the city inspection report is attached. New owner must apply with the city to conform, and the new owner can continue the existing rental operations.

Key Highlights

  • Three separate units generating rental income
  • Includes a 2 car garage
  • Units 1 and 3 have newer water heaters and newer boilers

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Tech Support Center Catering Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

286
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?
Triplex - Three-unit building with newer boilers and water heaters on units 1 and 3, plus forced-air heating in unit 2.
Where is this triplex located?
The property is located at 1949 BURR OAK Avenue Blue Island, IL.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Three separate units generating rental income; Includes a 2 car garage; Units 1 and 3 have newer water heaters and newer boilers
More about this property
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