12250 Greenwood Ave Blue Island, IL 60406
Estimated payment $3,065/month
About This Home
Presenting a 6-unit multifamily property located in the heart of Blue Island, a steadily growing suburb just minutes from Chicago. This fully occupied building features 6 solid units. 5 units are 2 beds and 1 bath. 1 unit is 1 bed and 1 bath with strong rental income and long-term tenants in place. Ideal for investors seeking immediate cash flow and future value-add potential. Blue Island is a commuter-friendly area with increasing demand for rental housing. This property offers a great opportunity for a first-time multifamily investor or a seasoned buyer looking to expand their portfolio with a turn-key asset. Financials and rent roll available upon request. Serious inquiries only. Property being sold As Is. Property has low taxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,360
Year Built
- Built in 1960
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 40x120
Interior Spaces
- 3-Story Property
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $300
- Fuel Expense $4,300
- Insurance Expense $3,600
- Maintenance Expense $600
- Trash Expense $1,350
- Water Sewer Expense $4,800
- Operating Expense $24,565
- Gross Income $73,680
- Net Operating Income $18,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $450,000 | +1.6% | -- |
| 10/28/2021 10/28/21 | Sold | $443,000 | -1.3% | -- |
| 08/20/2021 08/20/21 | Pending | -- | -- | -- |
| 08/04/2021 08/04/21 | For Sale | -- | -- | -- |
| 07/13/2021 07/13/21 | Pending | -- | -- | -- |
| 07/12/2021 07/12/21 | For Sale | $449,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12414111
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