FULLY RENTED THREE UNIT IN THE CITY OF BLUE ISLAND . 8% CAP RATE EVEN WITH CURRENT BELOW MARKET RENTS. THIS IS A MONEY MAKER FOR AN INVESTOR OR HOME OWNER . TENANTS ARE RESPONSIBLE FOR HEAT , COOKING GAS AND ELECTRICITY . 3 NEW BOILERS INSTALLED IN 2023. BUILDING WAS REMODELED IN 2014 ,ALL KITCHENS HAVE GRANITE AND STAINLESS STEEL APPLIANCES . ROOF NEW IN 2014. BUILDING CONSISTS OF 2 THREE BEDROOM ONE BATH UNITS AND 1 TWO BED ONE BATH UNIT. BUILDING HAS A TWO CAR GARAGE . THERE IS ADDITIONAL INCOME FROM THE COIN LAUNDRY. SHOWING WED THUR FRI EVENINGS AND WEEKENDS
Beautifully rehabbed, 2-story, mixed use (commercial/residential) building in the heart of downtown Blue Island. This trophy asset stands out from the rest. Purchased in 2019 by the current owner, the building was completely gut-rehabbed in 2021, including all-new electrical, plumbing, new HVAC, custom flooring and tile work throughout the building. ADA bathroom on retail level. Comprehensive exterior tuckpointing was performed and the entire south exterior was rebuilt with new brick in 2023. Only the 2nd floor HVAC remains from what was acquired in 2019. Each of the three units have hot water tanks that were installed in 2019. Property also includes a full, unfinished basement and an unfinished attic. The building is configured as follows: 1st floor has a fully built-out retail unit, totaling approximately 1,600 SF. 2nd floor is comprised of two residential apartment units (one 3-bed and one studio). Apartment units feature all-white kitchens, including granite countertops, along with a full appliance package of stove/range, refrigerator, microwave and dishwasher. Studio unit bath features a stand-up, glass/tile shower. 3bedroom unit bath features a traditional tub/shower combo. Both residential units are currently occupied. The retail unit is currently occupied by a boutique apparel shop. The retail unit will be delivered vacant at closing. The building is situated on a double lot, totally 6,250 SF, which includes a 3,125-SF side lot/yard, which is 40% paved with concrete and 60% grass lawn. There are also parking for six vehicles in the property's rear. Located one mile from I-57 and two miles from I-294
Open House:
Sunday, 9/22 4:00-6:00PM
Introducing a homeowner's dream to Blue Island. Fully remodeled, permitted and passing all building department inspections, this home represents what every Blue Island resident would wish for in terms of modern & affordable living. Prime location stationed within a welcoming neighborhood, within minutes of Lincoln Elementary. With luxury vinyl plank and exclusive tile selections throughout the home, the design releases a feeling of elegance like no other. But it gets even deeper - the house has also been cared for behind the walls with a fully waterproofed finished basement, new copper plumbing, and a new circuit breaker rewired for high efficiency throughout the home. The fully finished basement provides enough space for a family room or bonus room. Sleep with a peace of mind knowing your investment is protected with a roof that still has plenty of life and no leaks, a brand new furnace, newer water heater, recharged central air and new vinyl windows. Never experience a dull day with the spacious backyard, connecting deck with landing and a spacious 2-car garage for convenience. The basement is basically a studio apartment! Perfect for any investor with a vision as well. Why wait? Book a showing now!
Calling all investors! All brick 3-unit + single family home. For the building: 3 units total; two units have 1 bedroom and 1 bathroom, 1 unit has 2 bedrooms and 1 bathroom. Over-sized, 4 car tandem garage- can be used for extra income. Single family home features 3 bedrooms, 1 full bath and full basement. Great cash-flow opportunity! Both home and 3-unit building are on same parcel.
A FIVE-UNIT TOWN-HOUSE APARTMENT BUILDING. Each unit with 2 bedrooms, one and one-half baths, eat-in kitchen and full basement that can be used as a rec room. Hardwood floors. All units identical except for fireplace in Unit E. Building is being sold as a five-unit building but it has been converted to condos, each with its own PIN, so various investment possibilities exist.
Centrally located in Blue Island, this well-maintained 6-unit building is a prime investment opportunity. The property features five 1-bedroom units and one 2-bedroom unit, all serviced by a meticulously maintained Weil McLain boiler, inspected and approved by the Office of the State Fire Marshal in January 2024. The building includes a laundry/furnace room equipped with a commercial-grade coin-operated stainless-steel washer and dryer, and secure access through a Schlage Sense smart electronic programmable deadbolt. The exterior showcases mostly facing brick, power washed and tuckpointed in 2023, with aluminum-wrapped eaves, gutter guards installed in 2020, and twelve Larson self-storing aluminum storm doors added in 2023. Units four and five were renovated in 2018, while unit six underwent a complete renovation in 2023. With a roof replaced within the last ten years and a high-capacity hot water heater installed in 2020, this property is both move-in ready and poised for long-term success.
**Amazing Opportunity to Own a 4-Unit Building in Beautiful Blue Island!~Two 2 Bedroom Units & Two 3 Bedroom Units Both w/Enclosed Porches~All Units Vinyl Plank Flooring, Separate Water Heaters, Eat-in Kitchens, Dining Rooms, & Spacious Living Rooms~Full Unfinished Basement w/Extra Storage Space~Well Maintained, Excellent Location, Close to Everything & So Much More!~This is One You Don't Want to Miss!**
Experience the perfect blend of comfort and style in this stunning 2-bedroom, 2-bath tri-level townhome nestled in the sought-after Fairways of Blue Island community. Built in 2001 and thoughtfully updated with hardwood floors on the main level, fresh paint, and brand-new carpet on the upper and lower levels, this home is truly move-in ready. The spacious kitchen boasts 42-inch cabinets and sleek stainless steel appliances, making it a chef's delight. Imagine waking up to serene views of the Meadows Golf Club from your living room, with plenty of space to entertain guests or unwind in peace. This townhome also offers the financial perks of low taxes and a low HOA, with a first-time homebuyer grant available to make your purchase even more affordable. Plus, you'll have peace of mind with an included home warranty. Act fast-this exceptional property won't last long! As-Is sell, home warranty will be provided!
Related living or income producing rental above the garage of this beautiiful two story with full basement and attic located in Blue Island's historical district. Within walking distance of everything Blue Island has to offer. Featuring four bedrooms upstairs, two full bathrooms (basement and 2nd floor) and 1 half bath on main floor. Eat in kitchen in addition to formal dining room. Oversized living/family room. This gorgeous home boasts original woodwork and stained glass. Most windows have been replaced. Two year old vinyl siding, and newer roof on home and garage. This stunning home was meticulously and lovingly maintained by one owner for the past 60+ years. SOLD AS IS.
When you step into this bright and sunny, spacious home, you won't believe your eyes. So much more on the inside than meets the eye on the outside. Nestled in a quiet neighborhood, you'll find a primary bedroom with half bath, two additional bedrooms and one full bath on the main level. Two more spacious bedrooms and another full bath on the second level. Beautiful large family/dining room with gas fireplace, just waiting to be filled with family and friends. Perfect kitchen for having that morning cup of coffee and enjoying all of the natural light streaming through the newer oversized windows. This home has been lovingly maintained by the same family for over fifty years. It has been updated and is pretty much move-in ready. Take a look before this delightful home is gone! *SOLD AS-IS* Seller is providing home warranty.
***************ATTENTION INVESTORS******************** Fully rented this 6 unit completely rehabbed building consist of 5-1 bedrooms and 1 two bedroom. Has newer flooring, moldings, door halls, Lower level, Wrought iron stairs to second floor, new windows, freshly painted. Newer cabinets Lower level is finished as well with an alternative kitchen. All City approvals and inspections are up to date. Each unit has its own furnace and hot water heater which tenant pays. Lower level has electric hot water, electric heat and 2 units remodeled for possible in home business. Roof, tuckpointing and parking lot resurfacing has been done corrected as well. 24 Hours notice to inspect
Welcome home! This executive townhome is the largest model within this exquisite community. The sprawling space welcomes you the moment you walk through the door, with it's high ceilings and open layout. Cherry wood flooring, granite countertops, stainless appliances, and beautiful custom cabinets are just a few of the highlights. Enjoy grilling out on the large balcony while gazing upon the beautiful water feature below. It creates the feeling of having your own private oasis. There are 3 main bedrooms on the top floor, along with a finished basement that can be used as a 4th bedroom as well. There are also 3.5 bathrooms, making the morning routine an absolute breeze. The upstairs bedrooms and stairways are appointed with ultra-plush luxurious carpet. The large master bedroom has both a large attached bath and huge walk-in closet. The additional bedrooms provide ample space, while also offering lovely views of the water as well. If water is your thing, you're only steps away from the marina, where you can go have a quiet picnic or take a boating adventure along the Cal Sag! Move right in and make yourself at home!
Step into this beautifully rehabbed 3-bedroom, 1-bath home, where modern elegance meets comfortable living. The updated kitchen boasts stainless steel appliances, stylish maple cabinets, and pristine quartz countertops. A full unfinished basement offers plenty of potential for future expansion. Located in a great area with a large yard, this home provides the perfect blend of convenience and outdoor space. Move-in ready and waiting for you to make it yours!
**SOLD AS-IS**Absolutely Amazing Mixed Use Building on Busy Western Ave in Blue Island!~Over 4948 Square Feet!~ Two Apartment Units on The Second Floor Each w/2 Bedrooms and 1 Full Bath & Two Commercial Spaces on The First/Main Floor Each With Their Own Half Bathroom!~High Traffic Near Dining, Restaurants, Businesses & Up the Street from I57 & the Metra!~Perfect Location! Call Today!~This is One You Don't Want to Miss!**Click on Video and Virtual Tour To Explore!**
Nestled in the prime location of Blue Island, this versatile 2-unit building offers a fantastic investment opportunity. Each unit boasts 2 bedrooms and 1 bathroom, with beautiful hardwood floors throughout and vinyl flooring in the kitchens. The basement includes a convenient coin laundry setup, an extra bathroom, and an additional room for flexible use. The property also features a pre-finished 2.5 car garage and a large parking pad in the back that can accommodate up to 4 cars. With the Blue Island city inspection already complete, this home is move-in ready. Plus, the huge side lot presents infinite building opportunities for future expansion or development. DON'T MISS YOUR CHANCE COME VIEW THIS PROPERTY!
Welcome to this centrally located 3-bedroom, 2-bath home in the heart of Blue Island. Situated on a desirable corner lot, this property features spacious bedrooms with beautiful hardwood floors. 3 Car Garage!!! It's a remodeler's dream, offering endless potential to customize and create your ideal living space. Enjoy the convenience of being close to schools, parks, shopping, and dining. Don't miss this incredible opportunity to transform this house into your dream home!
**Amazing Opportunity to Build Your Dream Home on One of these 4 Vacant Lots in Blue Island!!~Great Location Near Dining, Shopping, Transportation & So Much More!~Approved Plans with City of Blue Island!~Call Today for Details!~This is One You Don't Want to Miss!!**
CASHFLOW!! Well maintained brick 3-unit in Blue Island. Sits on an amazing, oversized lot of 60X330 with a fenced back yard that's perfect for making your investing dreams come true. Each unit has 2 bedrooms and 1 bath. The building is conveniently located steps away from the train, bus and expressway for easy travel. Amenities include Coin Operated laundry on the lower level (EST. $250 MTHLY XTRA INCOME), Private parking in the driveway & GREAT CASHFLOW!!! Property is sold AS-IS, WHERE-IS
Welcome to this charming, recently updated single-family home in the highly sought-after neighborhood of Blue Island, IL. This delightful residence boasts three cozy bedrooms and a modern, well-appointed bathroom. One of the highlights is a versatile bonus room that offers endless possibilities-transform it into a home office, a playroom, or an additional bedroom to suit your lifestyle! The home features numerous updates that enhance its appeal and functionality. This home is a perfect blend of comfort and potential, making it an ideal choice for anyone looking to create their dream space in a desirable location. An unfinished basement presents a blank canvas, ready for you to customize and expand your living space according to your needs and tastes. Outside, the property includes a spacious 2-car garage, providing ample storage and parking solutions. Don't miss out on this opportunity to own a piece of Blue Island's charm! Motivated Seller! Village Inspection Complete!
**Beautiful & Rarely Available 5 Possibly 6 Bedroom & 2 Full Bath on a Huge Lot!!~Open Concept Main Level w/ Eat-in Kitchen Granite Counters, Backsplash, Slow Close Cabinets, Breakfast Bar & Stainless Steel Appliances~Spacious Living Room, Dining Room, & Gorgeous Hardwood Flooring!~Walk-in Closets, Extra Closets for Storage! ~Second level has Extra Kitchen Perfect In Law Arrangement~Full Basement w/Extra Storage Room, Fenced In Yard, & 2.5 Car Garage~Great Location, Front Porch Perfect for Relaxing, & Close to Everything!~This is One You Don't Want to Miss!
Welcome to the enchanting Telegraph House, a beloved 3-bedroom, 1.5-bath home nestled in the heart of Blue Island's HISTORIC DISTRICT. This charming 2-story gem retains many ORIGINAL FEATURES, including a vintage phone, a wrought iron gate to the telegraph room, a beautiful staircase, bedroom stain glass windows and replicated 5 inch HARDWOOD floors. Enjoy cozy mornings in the eat-in kitchen with a 6ft granite island, unwind in the window reading nooks, relax in the basement lounge, or enjoy your morning coffee in the ENCLOSED SUNROOM. The fenced backyard offers a private retreat surrounded by mature trees. Situated at the entrance of the Historic District, you'll be among the stunning Prairie-style houses designed by a Frank Lloyd Wright protege. This historic treasure is a delight to behold!
Discover a lucrative investment (9.73% Cap Rate) with this fully occupied 6-unit building, perfect for investors looking for reliable cash flow and potential for long-term appreciation. The property includes five (5) two-bedroom/one-bathroom units and one (1) one-bedroom/one-bathroom unit. Currently, it generates $6,380 in monthly rental income. 3 units in the building are currently priced below market rates, highlighting substantial future rent increase potential as tenants change. Recent renovations have significantly enhanced the property, including unit upgrades, freshly painted common areas, upgrade to the roof, and other capital expenditures, ensuring reduced maintenance costs and enhanced property value.This investment allows you to start earning immediately. Furthermore, this property is available for purchase along with 12930 Page Court in Blue Island, presenting an even greater investment opportunity.
Exceptional Investment Opportunity - 6-Unit Building with Strong Cash Flow and 9.2% Cap Rate! This fully rented 6-unit building presents a unique opportunity for investors seeking steady cash flow and long-term growth potential. It is comprised of five (5) two bed/one bath units and one (1) one bed/one bath unit. Key features include: Currently generating $6,380 per month in rental income; despite half the units priced below market rent. This indicates a significant upside potential for future rent as tenant's turnover. The building has undergone substantial improvements, including recent upgrades to all common areas, units, upgrade to the roof, and other capital expenditures, ensuring reduced maintenance costs and enhanced property value. As an investor, you can immediately enjoy the cash flow without the hassle of initial repairs or tenant placement. This property can be purchased as a package deal along with 12438 Fairview Ave. in Blue Island!
Rare find in this quiet neighborhood in Blue Island! 3 bedrooms and 1.5 bathrooms on main level with a full unfinished basement with plenty of potential to make into great living space! A breezeway/closed in porch off of the back of the house for you to enjoy during all times of the year. Home will leave plenty of room to the imagination for your future home with PLENTY of space to do it! Property is being sold AS-IS. Cash or Conventional financing only.
Proposed new construction is waiting for its new owner!! A simply stunning brick/frame tri level home has everything you could imagine! Beautiful 4 bedroom, 2 bath home has a perfect open floor plan - large rooms- soaring ceilings and perfectly decorated with modern high end finishes including beautiful lighting, white trim package, granite counters and so much more. The kitchen has granite countertops, a beautiful ceramic backsplash and stainless steel appliances. Both bathrooms have granite counters and ceramic floors and walls. Huge family room in lower level along with a bathroom and a bedroom. Wait! There's more...a 2 car garage!!! Which you can make into a 3 car. This builder doesn't miss a detail. Conveniently located near shopping, dining, expressways and schools. Don't miss out on this beauty!! Photos are from a previous built home but is the same style as the new construction. Ready for occupancy in December. Call today!!!
The median home value in Blue Island, IL is $118,300. This is lower than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Blue Island, IL is $118,300. Approximately 44.58% of Blue Island homes are owned, compared to 41.49% rented, while 13.93% are vacant. Blue Island real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Blue Island real estate agent to arrange a tour today!
Blue Island, Illinois 60406 has a population of 22,446. Blue Island 60406 is less family-centric than the surrounding county with 24% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Blue Island, Illinois 60406 is $41,340. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Blue Island 60406 is 36.5 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 20.9 degrees. The average rainfall is approximately 39.1 inches per year, with 37.1 inches of snow per year.