Property for Sale: 2836 Minnesota, Blue Island, IL 60406 SOLD
$450,000
$450,000
2836 Minnesota,
Blue Island, IL 60406 SOLD
$450,000
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Selling Price: $450,000
Original List Price: $449,900
Sold at 100.0% of list price
Sold Date: 08/30/2024
Type Commercial
Year Built 1972
City Blue Island
County Cook
MLS 12081097
Status Closed
Long time family owned and occupied investment property of 30 years, nestled in quiet neighborhood section of Blue Island. This 6-unit building features four 2 Bedroom apartments and two 1-bedroom apartments. Building is very well maintained and cared for. Secure front entry leads to common hallway to each apartment which each tenant would grant access to visitor. Each unit has their own electric panel with circuit breakers and thermostat as well as kitchen appliances (stove & refrigerator) and air conditioners. There is a common laundry room on the ground floor with coin operated washer & dryer for some additional income. There are also 6 separate storage lockers for each tenant. Building has hot water heat. The hot water heater was installed in 2021. The roof is new as it was installed in 2023. Four apartments have some updated features such as newer vanities, countertop and other improvements. There is parking in the rear of building for 6 cars as well as a side drive that can accommodate additional parking if needed. A large storage shed is in back for storage of maintenance equipment or common storage and a small makeshift patio for tenants to enjoy outdoor space or can also be converted to additional parking. This is a great investment opportunity to purchase a fully rented apartment building with long term tenants in a well taken care of structurally sound building. Whether you are a new or seasoned investor, this can be a perfect fit to your real estate portfolio.
Room Features
Basement Description Slab
Lot & Building Features
Construction Brick
Cooling Window Unit(s)
Tax Year 2022
Lot Dimensions 58X125 ft
Price History of 2836 Minnesota, Blue Island, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $450,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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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: Shedor Realty Group |