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6-Unit Apartment Building
For Sale
$459,900

2526 Broadway Street, Blue Island, IL 60406

Six residential units with tenant-paid utilities, updated windows and cabinets, a finished basement, and private parking.

Property SizeContact for details
Days on Market54

Property Features for 2526 Broadway Street

General Information

Standard status Active
Property subtype Commercial
Zoning MULTI

Units

Unit Mix 5 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $14,233

Amenities

finished basement
private parking lot

Building Details

Year Built 1925
Stories 2
Units 6
Listing Agency: RE/MAX 10
Listed By: James Tammaro · License #475114220
Source: Perillorealestategroup
Added: Jun 28 Changed: Aug 12 Last Checked: Aug 19 at 3:27PM

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 RE/MAX 10

Investment Insights

Based on property information with market context.

Built in 1925, this apartment building contains five one-bedroom, one-bath units and one two-bedroom, one-bath unit. The property includes a finished basement and a private parking lot, while recent improvements include new windows and cabinets. Each residence has its own furnace and hot water heater. Tenants pay for heat, electric service, and hot water, supporting a utility arrangement in which those expenses are handled at the unit level.

The property is located at 2526 Broadway Street in Blue Island, Illinois, and carries MULTI zoning. Its six-unit configuration includes a mix of five one-bedroom apartments and one two-bedroom apartment.

Key Highlights

  • Six units: five 1‑bedroom/1‑bath apartments and one 2‑bedroom/1‑bath apartment
  • Finished basement and private parking lot
  • New windows and new cabinets

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tech Support Center Veterinary Clinic

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

728
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 - Six residential units with tenant-paid utilities, updated windows and cabinets, a finished basement, and private parking.
Where is this apartment building located?
The property is located at 2526 Broadway Street Blue Island, IL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Six units: five 1‑bedroom/1‑bath apartments and one 2‑bedroom/1‑bath apartment; Finished basement and private parking lot; New windows and new cabinets
More about this property
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