2423 123rd Street Blue Island, IL $ 675,000
2423 123rd Street
$ 675,000
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2423 123rd Street

Blue Island, IL, 60406
$ 675,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 4,486

2423 123rd Street, Blue Island, IL 60406 - Image 1
2423 123rd Street, Blue Island, IL 60406 - Image 2
2423 123rd Street, Blue Island, IL 60406 - Image 3
2423 123rd Street, Blue Island, IL 60406 - Image 4
2423 123rd Street, Blue Island, IL 60406 - Image 5
2423 123rd Street, Blue Island, IL 60406 - Image 6
2423 123rd Street, Blue Island, IL 60406 - Image 7
2423 123rd Street, Blue Island, IL 60406 - Image 8
2423 123rd Street, Blue Island, IL 60406 - Image 9
2423 123rd Street, Blue Island, IL 60406 - Image 10
2423 123rd Street, Blue Island, IL 60406 - Image 11
2423 123rd Street, Blue Island, IL 60406 - Image 12

Multi-Family Home for sale in Blue Island, IL

for $675,000 with 5 bedrooms. This home was built in 1967.

2423 123rd St, a multi-family real estate gem comprising nine (9) spacious units located in the Blue Island suburb of Chicago. Nestled in a strategic location, the property offers easy access to essential amenities and transportation, enhancing its appeal to potential tenants. 2423 123rd St has a desirable unit mix comprised of three (3) 3 bed/1.5 bath units and six (6) 2 bed/1.5 bath units. Additional highlights include a newer boiler and HVAC units, along with the roof being recently silver lined. Investors can gain additional income from the four (4) covered parking spaces located in the rear of the building. Positioned for substantial income potential, the current under-market rents present an immediate avenue for increasing cash flow. Furthermore, solely through improved leasing and management and bringing the rents to increased levels, a new owner will enjoy steady returns on this opportunist investment

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Multi-Family Pending

Price

$ 675,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 42,400

Style

Year Built

1967

Town/City

Blue Island

County/Region

Cook

MLS | Web ID

11966048

Features
General
Cooling Central Air
Year Built 1967
Electric Circuit Breakers
Tenant Pays Electricity
Stories 3
Tax Year 2022
Gross Income 104400
County Cook
Net Operating Income 28041
Operating Expense 73539
Insurance Expense 8110
Property Type Commercial Sale Multi Family 5+
Status Pending
Directions Confidential listing no directions provided.
City Blue Island
NumberOfUnitsTotal 9
MLS Area Blue Island
Street Name 123rd
Tax Annual Amount 42400
Electric Expense 570
Fuel Expense 7000
Trash Expense 0
Water Sewer Expense 5000
Additional Parcels Y/N Y
Days on Market 114
Standard Status Pending
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Exterior
Lot Dimensions 125.5 X 45 FT
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Interior
Street Suffix Street
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* Excluded Features
List By
Kiser Group Realty Inc

Broker

jlambert@kisergroup.com

Email

Affordability Calculator

$8,020
Per Month
56%
44%
0%
Monthly Principal & Interest
$4,486
Monthly Property Taxes
$3,533
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2024$675,000 Listed Price

Map


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2423 123rd Street, Blue Island, IL, 60406 is a Multi-Family Home for sale at $675,000. 2423 123rd Street has 5 bedrooms, 0.0 baths, and was built in 1967. The property's zip code is 60406 which is in Blue Island, IL