USAILBlue Island2836 Minnesota Ave
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$449,900

Sold

2 years ago

2836 Minnesota Ave, Blue Island, IL

MLS® 12081097

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $19,059
Approx. Age 1972
MLS® Number 12081097

Property Address: 2836 Minnesota Ave, Blue Island, IL, 60406-1975

Average square foot calculated using Size range provided by listing agent.

Description

Long time family owned and occupied investment property of 30 years, nestled in quiet neighborhood section of Blue Island. This 6-unit building features four 2 Bedroom apartments and two 1-bedroom apartments. Building is very well maintained and cared for. Secure front entry leads to common hallway to each apartment which each tenant would grant access to visitor. Each unit has their own electric panel with circuit breakers and thermostat as well as kitchen appliances (stove & refrigerator) and air conditioners. There is a common laundry room on the ground floor with coin operated washer & dryer for some additional income. There are also 6 separate storage lockers for each tenant. Building has hot water heat. The hot water heater was installed in 2021. The roof is new as it was installed in 2023. Four apartments have some updated features such as newer vanities, countertop and other improvements. There is parking in the rear of building for 6 cars as well as a side drive that can accommodate additional parking if needed. A large storage shed is in back for storage of maintenance equipment or common storage and a small makeshift patio for tenants to enjoy outdoor space or can also be converted to additional parking. This is a great investment opportunity to purchase a fully rented apartment building with long term tenants in a well taken care of structurally sound building. Whether you are a new or seasoned investor, this can be a perfect fit to your real estate portfolio.
MLS® Number12081097
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1972
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Jun 18, 2024End Date
$450,000Sold Price

Sold

Jun 12, 2024List Date
$449,900List Price
  • Commute

Commute

Starting Address
Destination Address
2836 Minnesota Ave, Blue Island, IL

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