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8 Properties Within 0.5 miles of: 2423 123rd, Blue Island
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2423 123rd
Blue Island, IL 60406

  • Built In 1967
Price

$675,000

Est Payment
$7,188 / month (details)  
Taxes
$42,400  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
125.5 X 45 FT  
Built
1967  
Neighborhood
Blue Island  
MLS
#11966048
Status
Active (94 days)

Property Description

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

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

01-23-2024 Listed at $675,000
Last Modified 3/19/24 11:04 AM

Nearby Transportation

  • Bus 119 0.5 mi
  • Bus 115 1.2 mi
  • Bus 111 1.2 mi
  • Rock Island 0.4 mi
  • Metra Electric 0.8 mi
  • Hwy 57 1.0 mi
  • Hwy 57 1.1 mi
  • I 294 South 2.8 mi
  • I 294 North 3.0 mi
  • I 94 East 4.2 mi
  • I 94 West 4.3 mi
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