2031 New Street, Blue Island, Illinois 60406
$260,000
Sold
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Status: | Closed |
Sqft: | 0 |
Cost/Sqft: | — |
Beds: | 5 |
Baths: | 0 |
Year Built: | 1906 |
Property Taxes: | $5,370 |
Days On Market: | 1487 |
Lot Size: | 0,11 |
Description
Great income potential in this fully rented, well maintained multi-family building in the heart of Blue Island! The top (second floor) unit includes two large bedrooms (and a third tandem bedroom), a large living room, dining room, two full bathrooms, and a large kitchen. The first floor includes two units: a studio with a kitchen and a full bathroom, and another two bedroom unit with a nice size living room, kitchen, and full bathroom. The basement is fully finished, and includes a large living room, a kitchen, one bedroom and a full bathroom. Recent updates include two new water heaters, a recoated roof (2021), half of the building windows replaced (2020), tuckpointing (2021), some new flooring (2020), and newer appliances (2019). A large parking lot (that holds 9 cars) is located in the rear of the building, and a lovely sitting area for tenants exists on the west side of the building. All tenants on month to month leases, so it will be easy for the new owner to restructure them. Rents currently being collected are under market value! Savvy new investor/owner has potential to increase CA$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!
Property Specifics
Multi-unit | |
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1906 | |
Full | |
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No | |
0.11 |
Cook | |
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— / — | |
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Public | |
Public Sewer | |
11191409 | |
25311250560000 |
Property History
DATE: | EVENT: | PRICE: | SOURCE: |
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4 Oct, 2021 | Sold | $260,000 | MRED MLS |
2 Sep, 2021 | Under contract | $249,900 | MRED MLS |
26 Aug, 2021 | Listed for sale | $249,900 | MRED MLS |

































Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Finished
Other Specifics
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Concrete Perimeter | |
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31X161 | |
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— | |
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Not in DB | |
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Tax History
Year | Property Taxes |
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2021 | $5,370 |
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Listing Provided By
Keller Williams Elite