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6-Unit Apartment Building with New Roof
For Sale
$699,000

2836 Minnesota Avenue, Blue Island, IL 60406

Commercial Sale, Blue Island, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market55

Property Features for 2836 Minnesota Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning COMMR
Bedrooms 10
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 6, Bedroom 9, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 7, Bathroom 5, Bedroom 5, Bedroom 10, Bathroom 4
Directions Burr Oak Ave (127th St.) east of Kedzie to Francisco Ave. north to Minnesota Ave. east to building.
Subdivision Blue Island
Standard status Active
APN 24253080350000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 19059

Utilities

Cooling system Window Unit(s)

Amenities

common laundry room
coin operated washer & dryer
storage lockers
storage shed
patio
air conditioning
secure front entry

Building Details

Year built 1972
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: United Real Estate - Chicago
Listed By: Claudia Lowisz · License #475195115
Added: Jul 1 Changed: Aug 20 Last Checked: Aug 24 at 5:06PM
MLS# 12690905

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 brick apartment property in Blue Island contains six residences: four two-bedroom units and two one-bedroom units. Each apartment has a separate electric panel, circuit breakers, thermostat, stove, refrigerator, and window air-conditioning unit. A secured entrance opens to a shared interior hallway, while six individual storage lockers serve the residents.

The ground floor includes a common laundry room with coin-operated equipment; its flooring was updated in 2024. Building improvements include a roof installed in 2023 and a hot water heater installed in 2021. Four apartments include updates such as newer vanities and countertops. Rear parking accommodates 6 cars, with additional capacity along the side drive. A rear storage shed and small patio are also present at the property, located at 2836 Minnesota Avenue in Blue Island, Illinois.

Key Highlights

  • Six‑unit mix includes four 2‑bedroom apartments and two 1‑bedroom apartments
  • Brick construction with a roof installed in 2023
  • Each apartment has its own electric panel, thermostat, stove, refrigerator, and window air conditioner

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring 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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

516
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 - Brick multifamily property with individual thermostats, appliances, storage lockers, and shared coin-operated 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‑unit mix includes four 2‑bedroom apartments and two 1‑bedroom apartments; Brick construction with a roof installed in 2023; Each apartment has its own electric panel, thermostat, stove, refrigerator, and window air conditioner
More about this property
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