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12930 PAGE CT BLUE ISLAND, IL 60406
- Townhouse or Condo / Resale (MLS)
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Property Details for 12930 PAGE CT, BLUE ISLAND, IL 60406
Features
- Lot Size: 7179
- Total Units: 6
- Stories: 300
- Roof Type: Asphalt
- Heating: Yes
- Construction Type: Masonry
- Exterior Walls: Masonry
Facts
- Year Built: 01/01/1968
- Property ID: 888110338
- MLS Number: 12121318
- Parcel Number: 25-31-214-022-0000
- Property Type: Townhouse or Condo
- County: COOK
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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!
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Property Brokerage:
eXp Realty, LLC
939 W. North Ave.
Chicago
IL
60642
Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.