$699,000
( $112.25Per Sq Foot )
 $3,752 est/mo Sourced by Back At You

2836 Minnesota Avenue,Blue Island, IL 60406

Blue Island, IL 60406

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Description

Nestled in quiet neighborhood section of Blue Island. This 6-unit building features four 2 Bedroom apartments and two 1-bedroom apartments. Building is very well maintained and cared for. Secure front entry leads to common hallway to each apartment which each tenant would grant access to visitor. Each unit has their own electric panel with circuit breakers and thermostat as well as kitchen appliances (stove & refrigerator) and air conditioners. There is a common laundry room on the ground floor with coin operated washer & dryer. Laundry room was updated in 2024 with new floors. There are also 6 separate storage lockers for each tenant. Building has hot water heat. The hot water heater was installed in 2021. The roof is new as it was installed in 2023. Four apartments have some updated features such as newer vanities, countertop and other improvements. There is parking in the rear of building for 6 cars as well as a side drive that can accommodate additional parking if needed. A large storage shed is in back for storage of maintenance equipment or common storage and a small makeshift patio for tenants to enjoy outdoor space or can also be converted to additional parking. This is a great investment opportunity to purchase a fully rented apartment building with long term tenants in a well taken care of structurally sound building. Whether you are a new or seasoned investor, this can be a perfect fit to your real estate portfolio.

Details

MLS #12690905
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year1972
Days On Site84
Listing Provided ByUnited Real Estate - Chicago | Claudia Lowisz

Features

SQ Feet6,227
Story(s)3
Units6
ZoningCOMMR

Interior

CoolingWindow Unit(s)

Exterior

Construction MaterialsBrick

Utilities

ElectricCircuit Breakers, Separate Meters

Taxes

Tax Year2022
Tax Annual Amount19059

Area Information

StateIL
CountyCook
CityBlue Island
Zip Code60406
AreaBlue Island
Listing VS Median (in 60406)
Price:
$699,000
low | high
Med:
$199,900
100% of Average
sqft:
6,227
low | high
Med:
1,424
100% of Average
$ / sqft:
$112
low | high
Med:
$186
15.528191159085% of Average
On site:
84
low | high
Med:
13
100% of Average
Sourced by Back At You

Market Activity 60406

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Learn More About This Property

StateIL
CountyCook
CityBlue Island
Zip Code60406
AreaBlue Island
Listing VS Median (in 60406)
Price:
$699,000
low | high
Med:
$199,900
100% of Average
sqft:
6,227
low | high
Med:
1,424
100% of Average
$ / sqft:
$112
low | high
Med:
$186
15.528191159085% of Average
On site:
84
low | high
Med:
13
100% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 12:34:20 PM PDT