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12926 Page Court Blue Island, IL 60406 • Multi Unit - Multiple • New

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Description

Turnkey 6-unit multifamily investment opportunity in Blue Island generating $81,792 in current annual rental income with immediate upside through market rent growth. The building features a mix of well-maintained units with stable tenants and consistent occupancy. Average rents are currently $1,136 per unit, while comparable rentals in the area support rents closer to $1,325-$1,350, providing over $14,000 in potential annual rental upside through normal lease renewals and tenant turnover. Operating expenses are well documented and include property taxes, utilities, maintenance, and management assumptions. At market rents, the property offers strong income potential with additional upside through rent growth. The property benefits from strong rental demand due to its convenient location near shopping, transportation, and employment centers. Financials, rent roll, and operating statement available upon request.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 6,145
County: Cook
Listed By:
Citypoint Illinois LLC 847-744-5003
MRED MLS
$539,900
Est. $3,429/mo
6,145sqft
New to the Market New
BEDS0 BATHS SQUARE FEET6,145 MLS#12584412
STATUSNew PROPERTY TYPEMulti Unit - Multiple
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Shown By

Adam Edstrom
 (563) 210-6814

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12926 Page Court , Blue Island, IL 60406.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $539,900$539,900$539,900
Down Payment $107,980$18,897$134,975
Monthly Mortgage Amount $2,521$3,094$3,282
Taxes $751$751$751
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$237$0
Monthly Estimated Total $3,429$4,239$4,190

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