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Blue Island, IL 60406

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For Sale

$349,873

6 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

Inflation Deflator! Lay your foundation for the future with the purchase of this eye-catching sturdy brick three-unit building with a basement. This is truly a rare find, owned by the same owner for 39 years, and it suits both the owner-occupant lifestyle and the investor's eye for value. The property features a spacious main-level apartment (Apt #1), formerly the previous owner's residence, offering a large living room with hardwood flooring that opens to a big eat-in kitchen with unique, custom-designed stainless steel cabinetry and stainless steel appliances. There are three bedrooms and one and a half bathrooms, currently rented for $1,850 per month with all utilities included. A side door leads to two apartments upstairs. The completely renovated second apartment (Apt #2) offers two bedrooms and one bath, luxury vinyl flooring throughout, a new kitchen, and an updated bathroom. It is currently vacant with a rental potential of $1,400 per month, including water and garbage. The third apartment (Apt #3) features one bedroom and one bathroom and is rented to a long-term tenant at $900 per month, also including water and garbage, with a rental potential of $1,200 per month. The large finished basement, previously rented but recently reconverted, is ideal for extended living space, entertaining, or storage. There is also a separate coin laundry room generating approximately $100 per month, along with a utility room featuring storage lockers for each unit. The 1.5-car garage could be rented for an additional $100 to $150 per month. The property offers a generous backyard and side yard with a paver patio, perfect for outdoor entertaining. Located in a hot rental area in the heart of Blue Island, this property is just a short nine-minute walk to the train and provides easy access to I-57. Schedule your viewing before this opportunity is gone!
MLS# 12512245

Courtesy Of Remax 10

(708) 923-0900

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    New Traditional
  • Heating System
    Baseboard, Steam

Area Map

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Circle

(708) 424-1199
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.