Property for Sale: 2423 123rd, Blue Island, IL 60406

$675,000
$675,000
2423 123rd, Blue Island, IL 60406
$675,000
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Price:
$675,000

Type Commercial
Year Built 1967

City Blue Island
County Cook

MLS 11966048
Status Pending
2423 123rd St, a multi-family real estate gem comprising nine (9) spacious units located in the Blue Island suburb of Chicago. Nestled in a strategic location, the property offers easy access to essential amenities and transportation, enhancing its appeal to potential tenants. 2423 123rd St has a desirable unit mix comprised of three (3) 3 bed/1.5 bath units and six (6) 2 bed/1.5 bath units. Additional highlights include a newer boiler and HVAC units, along with the roof being recently silver lined. Investors can gain additional income from the four (4) covered parking spaces located in the rear of the building. Positioned for substantial income potential, the current under-market rents present an immediate avenue for increasing cash flow. Furthermore, solely through improved leasing and management and bringing the rents to increased levels, a new owner will enjoy steady returns on this opportunist investment

Lot & Building Features

Cooling Central Air
Tax Year 2022
Lot Dimensions 125.5 X 45 FT ft

Price History of 2423 123rd, Blue Island, IL

Date Name Price Difference
12/31/1969 Listing Price $675,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Richard Schultz
Direct: 708-237-7779
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Kiser Group Realty Inc
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

2423 123rd (MLS #11966048) is a commercial listing located in Blue Island, IL. This property was listed on 03/05/2024 and has been priced for sale at $675,000.

Nearby zip codes are 60118, 60643, 60655, 60803 and 60827. This property neighbors other cities such as Alsip, Calumet Park, Chicago, Merrionette Park 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: Kiser Group Realty Inc