This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

2106 135th Pl

6 Unit Apartment Building $550,000 ($91,667/Unit) 4.55% Cap Rate Blue Island, IL 60406

Investment Highlights

  • Superior Location
  • Capital Improvements
  • Strong Demographics
  • Value-Add Potential
  • Brick Construction

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 2106 135th Place in Blue Island, Illinois (the “Property”). The three-story brick building contains six (6) residential units comprised of five (5), 2-Bedroom/1- Bathroom units and one (1), 1-Bedroom/1-Bathroom unit with 4,000 square feet of living area in 4,500 square feet of total gross area on a 0.15- acre parcel. The Property is situated in a dense residential area along 135th Place, down the street from Western Avenue, Blue Island’s primary North- South roadway and commercial corridor. The location is less than a mile from Blue Island’s downtown area, which offers an extensive array of restaurants, retail amenities, activities and services for the community. Blue Island’s downtown hosts the Vermont Street Station with service on two Metra Lines – the Rock Island District and Metra Electric District Lines. Bus service is available down the street from the Property at Western Ave & 135th Place with service on Pace Bus Route 349. Blue Island is a city in the southern end of Cook County, 16 miles south of the Chicago Loop and offers convenient access to the city via Interstates and public transit.

Property Facts

Price $550,000
Price Per Unit $91,667
Sale Type Investment
Cap Rate 4.55%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.15 AC
Building Size 4,500 SF
Average Occupancy 100%
No. Stories 3
Year Built 1964
Opportunity Zone Yes

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-06-102-018-0000
Land Assessment
$1,451
Improvements Assessment
$31,549
Total Assessment
$33,000
  • Listing ID: 33758103

  • Date on Market: 11/5/2024

  • Last Updated:

  • Address: 2106 135th Pl, Blue Island, IL 60406

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}