Blue Island, IL 60406 12930 Page Court

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Presented By: eXp Realty, LLC
  • MLS# 12088694
  • 06/19/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 3

Home Details

Exceptional Investment Opportunity - 6-Unit Building with Strong Cash Flow and 8.7% Cap Rate! This fully rented 6-unit building presents a unique opportunity for investors seeking steady cash flow and long-term growth potential. It is comprised of five (5) two bed/one bath units and one (1) one bed/one bath unit. Key features include: Currently generating $6,380 per month in rental income; despite half the units priced below market rent. This indicates a significant upside potential for future rent as tenant's turnover. The building has undergone substantial improvements, including recent upgrades to all common areas, units, upgrade to the roof, and other capital expenditures, ensuring reduced maintenance costs and enhanced property value. As an investor, you can immediately enjoy the cash flow without the hassle of initial repairs or tenant placement. This property can be purchased as a package deal along with 12438 Fairview Ave. in Blue Island!
Presented By: eXp Realty, LLC

General for 12930 Page Court

Additional Parcels Y/NNo
CityBlue Island
CountyCook
Days on Market8
DirectionsLocated near I-57! At intersection of 127th and Ashland head south on Ashland. West on Vermont and North on Page!
Electric Expense488
Fuel Expense2112
Gross Income6380
Insurance Expense4083
MLS AreaBlue Island
MaintenanceExpense3000
Net Operating Income50596
NumberOfUnitsTotal6
Operating Expense25964
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount13295
Tax Year2022
Tenant PaysElectricity, Heat
Trash Expense799
Water Sewer Expense2187
Year Built1969
ZoningMULTI

Exterior for 12930 Page Court

Lot Dimensions7, 179

Additional Details

Price History

Worth Clark

Price $579,000
MLS#12088694
List Date 06/19/2024
Property Type Multi-Family
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