2052 135th Place Blue Island, IL 60406
MULTI_FAMILY - Blue Island, IL
- Added:
- Sep 22, 2024
- Days on Market:
- 593
- Last Refresh:
- May 7 at 6:06 pm
Property Features for 2052 135th Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 11
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 6, Bathroom 2, Bedroom 8, Bedroom 5, Bathroom 3, Bathroom 6, Bedroom 3, Bathroom 1, Bedroom 9, Bedroom 7, Bedroom 11, Bedroom 10
- Standard status
- Active Under Contract
- APN
- 29061020380000
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 17746
Building Details
- Year built
- 1966
- Floors in Building
- 3
- Number of units
- 6
- Building materials
- Brick
Listing agent Shiree Booker License #475148177 (708) 678-1000
Listing office Realty One Group Heartland 13161 W. 143rd St. #201, Tinley Park, IL (708) 678-1000
Listing date Sep 22, 2024
MLS# 12171006
Listing URL
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HighLights
- Value‑add opportunity with below‑market rents and potential for increased income.
- Six‑unit brick apartment building with a mix of two‑bedroom and one‑bedroom apartments.
- Major mechanical systems updated in 2015: roof (complete tear‑off), 75‑gallon water tank, and rebuilt boiler with new copper piping.
- Additional income from on‑site coin‑operated washer/dryer.
- Tenants responsible for cooking gas and electric, reducing landlord expenses.
- Convenient location walkable to public transportation, shopping, and schools.
Overview
Blue Island 6-Flat Apartment Building
This is a 6-flat brick apartment building in Blue Island, Illinois, featuring five two-bedroom apartments and one one-bedroom, one-bath apartment, totaling eleven bedrooms and six baths. Currently, three units are vacant. Rents are below market value, presenting a value-add opportunity through increased rents. Additional income is generated from a coined washer and dryer on-site. Tenants are responsible for cooking gas and electricity. Ample street parking is available. The property is walkable to public transportation, shopping, and schools. The roof was a complete tear-off in 2015. A 75-gallon water tank was installed in 2015, and the boiler was rebuilt with all-new copper piping in 2015. The mechanical and exterior (brick) are in excellent condition, while the units need light upgrading. This property is sold "AS IS" CONDITION. It is a smart investment opportunity for both novice and seasoned investors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Blue Island
- County
- Cook
- State
- Illinois
- Longitude
- -87.671667
- Latitude
- 41.647909
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Blue Island 6-unit building with value-add potential.
Where is this apartment building located?
The property is located at 2052 135th Place 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 with below‑market rents and potential for increased income.; Six‑unit brick apartment building with a mix of two‑bedroom and one‑bedroom apartments.; Major mechanical systems updated in 2015: **roof (complete tear‑off), 75‑gallon water tank, and rebuilt boiler with new copper piping.**
