Blue Island, IL 60406 2423 123rd Street

Pending
2423 123rd Street Blue Island, IL - Image 12423 123rd Street Blue Island, IL - Image 22423 123rd Street Blue Island, IL - Image 3
7 more
2423 123rd Street Blue Island, IL - Image 42423 123rd Street Blue Island, IL - Image 52423 123rd Street Blue Island, IL - Image 62423 123rd Street Blue Island, IL - Image 72423 123rd Street Blue Island, IL - Image 82423 123rd Street Blue Island, IL - Image 92423 123rd Street Blue Island, IL - Image 102423 123rd Street Blue Island, IL - Image 11
Presented By: Kiser Group Realty Inc
  • MLS# 11966048
  • 01/22/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 5

Home Details

2423 123rd St, a multi-family real estate gem comprising nine (9) spacious units located in the Blue Island suburb of Chicago. Nestled in a strategic location, the property offers easy access to essential amenities and transportation, enhancing its appeal to potential tenants. 2423 123rd St has a desirable unit mix comprised of three (3) 3 bed/1.5 bath units and six (6) 2 bed/1.5 bath units. Additional highlights include a newer boiler and HVAC units, along with the roof being recently silver lined. Investors can gain additional income from the four (4) covered parking spaces located in the rear of the building. Positioned for substantial income potential, the current under-market rents present an immediate avenue for increasing cash flow. Furthermore, solely through improved leasing and management and bringing the rents to increased levels, a new owner will enjoy steady returns on this opportunist investment
Presented By: Kiser Group Realty Inc

Interior Features for 2423 123rd Street

Other Interior Features

Street SuffixStreet

General for 2423 123rd Street

Additional Parcels Y/NYes
CityBlue Island
CoolingCentral Air
CountyCook
Days on Market114
DirectionsConfidential listing, no directions provided.
ElectricCircuit Breakers
Electric Expense570
Fuel Expense7000
Gross Income104400
Insurance Expense8110
MLS AreaBlue Island
MaintenanceExpense
Net Operating Income28041
NumberOfUnitsTotal9
Operating Expense73539
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusPending
StatusPending
Stories3
Tax Annual Amount42400
Tax Year2022
Tenant PaysElectricity
Trash Expense0
Water Sewer Expense5000
Year Built1967

Exterior for 2423 123rd Street

Lot Dimensions125.5 X 45 FT

Additional Details

Price History

Worth Clark

Price $675,000
MLS#11966048
List Date 01/22/2024
Property Type Pending
Phone
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 2423 123rd Street