12452 Fairview AVE Blue Island, IL 60406

Two 6-unit, all brick multi-family buildings tucked away in a neighborhood of historic Blue Island that offers 10+% Cap Rate! These buildings are comprised of ten, 2 bedroom, 1 bathroom units (all the same floor plan) and two, 1 bedroom, 1 bathroom units (both the same floor plan). With rents below market value these properties still boast a Cap Rate of over 10.5%. Rents range from $741 to $900 a month with extra income from Laundry located in each buildings's basement. Several tenants have been there for years and rent rolls are available on request. Most units have hard wood floors with only a couple with carpet left due to long term tenants that have not moved yet. The buildings are voucher approved so the owners rarely have vacancies. Close to the highway, Metra and Red line these properties make great rentals for commuters. Price reflects the sale of both buildings together which the owners prefer. Tax IDs: 24254080300000, 24254080310000