Tremendous opportunity to take over this beautiful, solid brick 3-flat in the Historic and BOOMING City of Blue Island. Perfect for owner-occupied buyers, landlords, or flippers. Fantastic asking price with a ton of upside! Roof is only 7 years old but does have a new leak that needs repair. Apartment 1 has been recently renovated. Apartment 2 (the vacant unit) is ready for a refresh and have a new tenant with updated market rents added! Apartment 3 and the basement are updated. All rents are currently below market and could be raised significantly. Being sold as-is. Property Details: Apartment 1 (Main Floor): 3 bedrooms, 1.5 bathrooms - $1,850/month (occupied) Apartment 2 (Upstairs): 2 bedrooms, 1 bathroom - $1,400/month potential (vacant; needs full renovation) Apartment 3 (Upstairs): 1 bedroom, 1 bathroom - $1200/month potential (occupied) - currently pays $900 Full basement Garage: 1.5 car attached (potential $200/month rental) Laundry: Coin-operated machines ($100/month additional income) Tenant Storage Room/Closets: Included Liens/Mortgage: None - clean title Sale Terms: Sold as-is. Cash offers preferred for a quick sale. Income Potential: $4,750/month (Includes $100 laundry income + $200 garage rental) Owner occupied/landlord consultations available.
Property Map
Please use the print button to include maps when printing.
Property Details
Utilities
Heating Steam, Baseboard
Cooling
Water Public
Sewer Public Sewer
Additional Information
Parking
7.5 Parking Spaces (1.5 Garage Spaces), On Site, Garage Owned, Attached, Off Street, Driveway, Owned, Garage
Schools
District 218, District 130
Payment Calculator
Listing History
08-13-2025
Listed at $329,000
08-17-2025
Status changed to Under Contract
Last Modified 8/17/25 6:37 PM
Nearby Transportation
Metra Electric
0.3 mi
Rock Island
0.5 mi
Hwy 57
0.4 mi
Hwy 57
0.5 mi
I 294 North
2.4 mi
I 294 South
3.4 mi
I 94 East
3.9 mi
I 94 West
4.0 mi
Broker Reciprocity
Listing provided by Hanley Realty, Inc.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.