- Status Sold
- Sale Price $65,000
- Bed 6 Beds
- Bath 2 Baths
- Location Worth
Investor/handyman special!! Purchase is for a seasoned investor only and not a homeowner. AMAZING potential in this Blue Island 2-flat! Each unit has 3 bedrooms and 1 full bathroom. Both kitchens has a large eat in area and abundant cabinetry. Spacious bedrooms are all conveniently located near a full bath. MASSIVE unfinished basement and attic! Bonus detached 2-car garage! Walk to Hart Park. Easy access to I-57 and I-294! Surrounded by TONS of dining, shopping, and recreational options! Don't miss out on this rare opportunity! Once renovated -- the 3 bedroom unit can rent for $1,300 (around $1,500 Section 8). Cash-only sale with minimally-moderate renovations for under $200k. Net cash flow: $30k net profit annually with just the 2 units (15% cap rate)! Once occupied, refinance is an option to pull out equity and have a mini cash cow for life.
General Info
- List Price $95,000
- Sale Price $65,000
- Bed 6 Beds
- Bath 2 Baths
- Taxes $5,805
- Market Time 12 days
- Year Built 1893
- Square Feet 2548
- Assessments Not provided
- Assessments Include None
- Listed by
- Source MRED as distributed by MLS GRID
Rooms
- Total Rooms 10
- Bedrooms 6 Beds
- Bathrooms 2 Baths
- Living Room 13X10
- Family Room 13X10
- Kitchen 13X10
Features
- Heat Gas, Forced Air
- Air Conditioning Central Air
- Appliances Not provided
- Amenities Curbs/Gutters, Sidewalks, Street Lights, Street Paved
- Parking Garage
- Age 100+ Years
- Exterior Aluminum Siding
Based on information submitted to the MLS GRID as of 5/23/2025 3:32 PM. 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.
