2031 New Street, Blue Island, Illinois 60406


$260,000

Sold
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
Map
Street View

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
1906
Full
No
0.11
Cook
— / —
Public
Public Sewer
11191409
25311250560000

Property History

DATE: EVENT: PRICE: SOURCE:
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

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Finished

Other Specifics

Concrete Perimeter
31X161
Not in DB

Tax History

Year Property Taxes
2021 $5,370

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Listing Provided By

Keller Williams Elite