$675,000 $3,624 est/mo Sourced by Back At You

2423 123rd Street,Blue Island, IL 60406

Blue Island IL, 60406

Share with a friend

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

Details

MLS#11966048
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year1967
Days On Site127
Listing Provided ByKiser Group Realty Inc | John Lambert

Features

Story(s)3
Units9

Market Activity 60406

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 2 minutes ago
StateIL
CountyCook
CityBlue Island
Zip Code60406
AreaBlue Island
Listing VS Median (in 60406)
Price:
$675,000
low | high
Med:
$225,000
100% of Average
On Site:
127
low | high
Med:
43.000000
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 12:22:12 AM PDT