11957 Washington Avenue

Blue Island, Illinois 60406
Closed / MLS #9852644 / Multiple Family / Blue Island
Listing information updated 4/10/2018 at 1:15am
This is the one you've been waiting for! - Fully rented Updated 12-unit building with strong rents and many long term tenants. Cap Rate near 15%! Tenants love: 119th Metra stop is less than one block away for easy commuting downtown, individual parking spaces, AND grocery, shopping, restaurants, and fitness are all located in the nearby Marshfield Shopping Plaza. Property is easily accessible off of the I-57 119th exit. Many updates include: New Intercom Systems * LED & Sensor lighting * Programmable Thermostats * Weather stripping on apt doors * New 42-in. Balcony Railings * Hardwood Floors in many units * Low flow showerheads and aerators * New High Efficiency Lochinvar 95% AFUE Condensing Boilers * Lochinvar Efficient Indirect Water Heater * Roof Cavity Insulation * Energy Measures Completed by Elevate Energy and more! Drive by and common area showings until contract. Seller requests that tenants not be alerted or disturbed. The numbers are easy here - Great opportunity!

Full Features

Exterior Type:
Brick
Square Feet:
N/A
Built:
1962
Parking Spaces:
12
Cooling System:
Window Unit/s
Stories:
3
Current Use:
Residential-Multi-Family
Zoning:
MULTI
Current Net Income:
$88,206
Unit 1:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$23,024
Tax Year:
N/A

Location

Zip Code:
60406
City:
Blue Island
County:
Cook

Listing Office: Dream Town Realty

Listing Office Phone: 312.242.1000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/10/2018 at 1:15am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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11957 Washington Avenue is a multiple family which sold for $590,000. This multiple family has been listed on @properties since February 8th, 2018 and was built in 1962. The nearest transit stops include 119th St Metra Metra Rock Island District line.