6-Unit Apartment
For Sale
$699,000
2836 Minnesota Avenue, Blue Island, IL 60406
A mix of one- and two-bedroom homes includes kitchen appliances, individual thermostats, and shared laundry.
Property Size6,227 SF
Price / SF$112.25
Days on Market118
Property Features for 2836 Minnesota Avenue
General Information
Standard status
Active
Size
6,227 SF
Total Parking Spaces
6
Property subtype
Commercial
Zoning
COMMR
Occupancy
100%
Units
Unit Mix
4 x 2 Bedroom, 2 x 1-bedroom
Multifamily Units
6
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$19,059
Amenities
common laundry room
storage lockers
storage shed
patio
Building Details
Building Size
6,227 SF
Year Built
1972
Buildings
1
Stories
3
Units
6
Tenancy
Multi
Listing Agency:
United Real Estate - Chicago
Listed By:
Claudia Lowisz · License #475195115
(630) 748-4660
Source:
Crossdavidson
Added: Jul 1
Changed: Oct 25
Last Checked: Oct 26 at 3:41AM
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 United Real Estate - Chicago
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Investment Insights
Based on property information with market context.
This 6,227-square-foot apartment property contains six units: four with two bedrooms and two with one bedroom. Each apartment has a separate electric panel, thermostat, stove, refrigerator, and air conditioner. A ground-floor laundry room is equipped with coin-operated machines, and six individual storage lockers serve the units. The building uses hot-water heat; its water heater dates to 2021, and the roof was installed in 2023. Laundry room flooring was replaced in 2024, and four apartments have received updates including vanities and countertops.
Six parking spaces are situated behind the building, with additional capacity along the side drive. A rear storage shed provides space for maintenance equipment or shared storage. The property is zoned COMMR and was built in 1972. The apartments are occupied by long-term tenants.
Six parking spaces are situated behind the building, with additional capacity along the side drive. A rear storage shed provides space for maintenance equipment or shared storage. The property is zoned COMMR and was built in 1972. The apartments are occupied by long-term tenants.
Key Highlights
- Six apartments: four 2‑bedroom units and two 1‑bedroom units
- 6,227 square feet; built in 1972
- Each apartment has its own electric panel and thermostat, plus a stove, refrigerator, and air conditioner
Property Analytics
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Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - A mix of one- and two-bedroom homes includes kitchen appliances, individual thermostats, and shared laundry.
Where is this apartment building located?
The property is located at 2836 Minnesota Avenue Blue Island, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Six apartments: four 2‑bedroom units and two 1‑bedroom units; 6,227 square feet; built in 1972; Each apartment has its own electric panel and thermostat, plus a stove, refrigerator, and air conditioner
