Blue Island, IL 60406,2423 123rd ST
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Blue Island, IL 60406,2423 123rd ST
Blue Island, IL 60406,2423 123rd ST
Blue Island, IL 60406,2423 123rd ST
Blue Island, IL 60406,2423 123rd ST
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2423 123rd ST Blue Island, IL 60406


UPDATED:

08/17/2024 08:29 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 11966048

Year Built 1967

Annual Tax Amount $42,400

Tax Year 2022

Lot Dimensions 125.5 X 45 FT

Property Description

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

Location

State IL

County Cook

Area Blue Island

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3


Midwest Real Estate Data (MRED) IDX
Listed by John Lambert • Kiser Group Realty Inc