Property for Sale: 12930 Page, Blue Island, IL 60406

$550,000
$550,000
12930 Page, Blue Island, IL 60406
$550,000
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Price:
$550,000

Type Commercial
Year Built 1969

City Blue Island
County Cook

MLS 12121318
Status Active
Exceptional Investment Opportunity - 6-Unit Building with Strong Cash Flow and 9.2% Cap Rate! This fully rented 6-unit building presents a unique opportunity for investors seeking steady cash flow and long-term growth potential. It is comprised of five (5) two bed/one bath units and one (1) one bed/one bath unit. Key features include: Currently generating $6,380 per month in rental income; despite half the units priced below market rent. This indicates a significant upside potential for future rent as tenant's turnover. The building has undergone substantial improvements, including recent upgrades to all common areas, units, upgrade to the roof, and other capital expenditures, ensuring reduced maintenance costs and enhanced property value. As an investor, you can immediately enjoy the cash flow without the hassle of initial repairs or tenant placement. This property can be purchased as a package deal along with 12438 Fairview Ave. in Blue Island!

Lot & Building Features

Tax Year 2022
Lot Dimensions 7,179 ft

Price History of 12930 Page, Blue Island, IL

Date Name Price Difference
12/31/1969 Listing Price $550,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Cheryl Cronin
Direct: 708-237-7799
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by eXp Realty, LLC, Michael Scanlon & Cody Starostka
$
20%
1%
6.75%
$
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$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

12930 Page (MLS #12121318) is a commercial listing located in Blue Island, IL. This property was listed on 07/25/2024 and has been priced for sale at $550,000.

Nearby zip codes are 60118, 60411, 60628, 60643 and 60827. This property neighbors other cities such as Calumet Park, Chicago, Lynwood, Riverdale and West Dundee.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: eXp Realty, LLC