2106 135th Pl
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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 | Building Class | C |
Price Per Unit | $91,667 | Lot Size | 0.15 AC |
Sale Type | Investment | Building Size | 4,500 SF |
Cap Rate | 4.55% | Average Occupancy | 100% |
No. Units | 6 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1964 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Apartment Style | Low Rise |
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
Parcel Number | 29-06-102-018-0000 | Improvements Assessment | $31,549 |
Land Assessment | $1,451 | Total Assessment | $33,000 |
PROPERTY TAXES
Parcel Number
29-06-102-018-0000
Land Assessment
$1,451
Improvements Assessment
$31,549
Total Assessment
$33,000
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2106 135th Pl
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