Exceptional Investment Opportunity - 6-Unit Building with Strong Cash Flow and 8.5% 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: Steady Income: 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. Recent Upgrades: The building has undergone substantial improvements, including recent upgrades to all common areas, units, a comprehensive upgrade to the roof, and other capital expenditures, ensuring reduced maintenance costs and enhanced property value. Turnkey Investment: 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!
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For more information about 12930 Page, Blue Island, IL 60406 contact Corcoran Urban Real Estate.
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Listing provided by eXp Realty, LLC
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