2031 New St., Blue Island, IL 60406

2031 New St., Blue Island, IL 60406
Photo 1 of 33
$260,000
Sold on 10/04/21
Beds Baths Sq. Ft. Taxes Built
5 0.00 0 $5,370 1906
On the market: 39 days
View full details, 15 photos, school info, and price history
Great income potential in this fully rented, well maintained multi-family building in the heart of Blue Island! The top (second floor) unit includes two large bedrooms (and a third tandem bedroom), a large living room, dining room, two full bathrooms, and a large kitchen. The first floor includes two units: a studio with a kitchen and a full bathroom, and another two bedroom unit with a nice size living room, kitchen, and full bathroom. The basement is fully finished, and includes a large living room, a kitchen, one bedroom and a full bathroom. Recent updates include two new water heaters, a recoated roof (2021), half of the building windows replaced (2020), tuckpointing (2021), some new flooring (2020), and newer appliances (2019). A large parking lot (that holds 9 cars) is located in the rear of the building, and a lovely sitting area for tenants exists on the west side of the building. All tenants on month to month leases, so it will be easy for the new owner to restructure them. Rents currently being collected are under market value! Savvy new investor/owner has potential to increase CA$HFLOW quickly! OR, move in and have the tenants pay your mortgage and live MORTGAGE FREE! The possibilities are endless with this great investment opportunity!
Listing courtesy of Robert Medinger