2106 135th Pl - Apartments FOR SALE


Blue Island, IL 60406
$550,000 USD
312-548-6743
2106 135th Pl, Blue Island, IL for Sale
$550,000 USD
Apartments - FOR SALE
1/10
null | 4.55% Cap Rate

2106 135th Pl
Blue Island, IL 60406


HIGHLIGHTS

  • Superior Location
  • Value-Add Potential
  • Capital Improvements
  • Brick Construction
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 2106 135th Place in Blue Island, Illinois (the “Property”). The three-story brick building contains six (6) residential units comprised of five (5), 2-Bedroom/1- Bathroom units and one (1), 1-Bedroom/1-Bathroom unit with 4,000 square feet of living area in 4,500 square feet of total gross area on a 0.15- acre parcel. The Property is situated in a dense residential area along 135th Place, down the street from Western Avenue, Blue Island’s primary North- South roadway and commercial corridor. The location is less than a mile from Blue Island’s downtown area, which offers an extensive array of restaurants, retail amenities, activities and services for the community. Blue Island’s downtown hosts the Vermont Street Station with service on two Metra Lines – the Rock Island District and Metra Electric District Lines. Bus service is available down the street from the Property at Western Ave & 135th Place with service on Pace Bus Route 349. Blue Island is a city in the southern end of Cook County, 16 miles south of the Chicago Loop and offers convenient access to the city via Interstates and public transit.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$122 USD /SF

# OF UNITS

6

PRICE/UNIT

$91,667

CAP RATE

4.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

29-06-102-018-0000

ASK ABOUT THIS PROPERTY

Jacob ElgazarHorvath & TremblayMore Info
312-548-6743

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Jacob ElgazarHorvath & TremblayMore Info
312-548-6743

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.