2449 Collins Street, Blue Island, Illinois 60406
$65,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 2,548 |
| Cost/Sqft: | $37 |
| Beds: | 6 |
| Baths: | 2 |
| Year Built: | 1893 |
| Property Taxes: | $5,805 |
| Days On Market: | 1348 |
| Lot Size: | 0,11 |
Description
Investor/handyman special!! Purchase is for a seasoned investor only and not a homeowner. AMAZING potential in this Blue Island 2-flat! Each unit has 3 bedrooms and 1 full bathroom. Both kitchens has a large eat in area and abundant cabinetry. Spacious bedrooms are all conveniently located near a full bath. MASSIVE unfinished basement and attic! Bonus detached 2-car garage! Walk to Hart Park. Easy access to I-57 and I-294! Surrounded by TONS of dining, shopping, and recreational options! Don't miss out on this rare opportunity! Once renovated -- the 3 bedroom unit can rent for $1,300 (around $1,500 Section 8). Cash-only sale with minimally-moderate renovations for under $200k. Net cash flow: $30k net profit annually with just the 2 units (15% cap rate)! Once occupied, refinance is an option to pull out equity and have a mini cash cow for life.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1893 | |
| — | |
| — | |
| No | |
| 0.11 |
| Cook | |
| — | |
| — / Not Applicable | |
| — | |
| — | |
| — | |
| 11337765 | |
| 24254140040000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Paul Revere Primary School |
130 | — | |
|
Middle School
Veterans Memorial Middle School |
130 | Not in DB | |
|
High School
Dd Eisenhower High School (camp |
218 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 6 Jul, 2016 | Sold | $35,500 | MRED MLS |
| 7 Jun, 2016 | Under contract | $34,900 | MRED MLS |
| — | Last price change | $49,900 | MRED MLS |
| 2 Feb, 2016 | Listed for sale | $49,900 | MRED MLS |
| 22 Mar, 2022 | Sold | $65,000 | MRED MLS |
| 14 Mar, 2022 | Under contract | $95,000 | MRED MLS |
| 3 Mar, 2022 | Listed for sale | $95,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
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Dimensions: —
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Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 4837 | |
| — | |
| — | |
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| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2016 | $4,467 |
| 2022 | $5,805 |
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Listing Provided By
606 Brokers LLC
