Presenting…
11957 S Washington, Blue Island, IL
Updated 12-Unit Multi-family Building – Cap Rate of 14+%!
*Impeccably maintained building featuring 2-bdrm apartments
*Near shopping, grocery, fitness, restaurants, and Metra – Great location right off of I-57/119th St Exit
* Many updates including: New High Efficiency Boilers, Programmable Thermostats, New Intercom Systems & More!
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!
*$585,000
*2016 Real Estate Taxes: $23,024
Schedule a showing: E-mail or call/text 630.343.9375
For similar selling and home design services, see my Premier Package.
