$345,000
SOLD SEP 19, 2025

12413 Maple Ave Blue Island, IL 60406

-- Bed
-- Bath
-- Sq Ft
7,500 Sq Ft Lot

Recently Sold

2% Above List Price

0 Day on Market

About This Home

As of September 2025

SOLID ALL-BRICK 6 UNIT BUILDING OFFERING A PRIME VALUE-ADD OPPORTUNITY WITH STRONG POTENTIAL FOR HIGHER MARKET RENTS, MAKING THIS A PROFITABLE INVESTMENT. ONLY ONE UNIT VACANT. PROPERTY FEATURES ONE 2-BEDROOM, 1-BATH UNIT AND FIVE 1-BEDROOM, 1 BATH UNITS. EACH UNIT INCLUDES A RANGE & REFRIGERATOR. RECENT IMPROVEMENTS INCLUDE NEW ROOF (2014), EXTERIOR TUCKPOINTING (2023), NEW EAVES AND GUTTER GUARDS (2020), AND NEW STORM DOORS (2023). BOILER IS MAINTAINED ANNUALLY & IN GOOD CONDITION. FOUR UNITS HAVE BEEN RENOVATED IN THE LAST 5 YEARS. TENANTS PAY FOR ELECTRIC. COMMON LAUNDRY ROOM WITH COIN OPERATED WASHER & DRYER OWNED BY THE SELLERS WITH POTENTIAL FOR ADDITIONAL INCOME. PROFORMA CAP RATE WITH MARKET RENTS IN PLACE IS AN IMPRESSIVE 13%.

Last Agent to Sell the Property

Ruben Vallejo

Village Realty, Inc. License #475130714 Listed on: 08/12/2025

Village Realty, Inc.

Last Buyer's Agent

Joey Batliner

Listing Leaders Northwest, Inc License #475205754

Listing Leaders Northwest, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,458

Year Built

  • Built in 1961

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 51 x 150

Home Design

  • Brick Exterior Construction
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Additional Features

  • 1-Story Property
  • Hot Water Heating System

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,458

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 1
  • Year Built: 1961
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required,Othr-Call List Agent
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Multi-Family
  • Fireplaces: 1
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street, Public Road, Paved
  • List Price: 339900
  • Misc Outside: Accessible Entrance,Storms and Screens (as exist)

Utilities

  • Electric: Circuit Breakers
  • Utilities: Water Available
  • Heat/Ventilation: Hot Water

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 51 X 150
  • Lot Size Sq Ft: 7500
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10
  • Tenancy Type: Month To Month

Multi Family

  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 12458
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Melvin Manor Llc
Bought by
William S Sobczak Trust and Sobczak

Purchase Details

Closed on
Mar 12, 2018
Sold by
Sobczak William S
Bought by
Melvin Manor Llc

Purchase Details

Closed on
Dec 15, 2004
Sold by
Kraas Melvin James
Bought by
Kraas Melvin J and The Melvin J Kraas Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- Attorney
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2025 09/19/25 Sold $345,000 +1.5% --
08/12/2025 08/12/25 Pending -- -- --
08/12/2025 08/12/25 For Sale $339,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,459 $32,001 $4,313 $27,688
2023 $14,292 $32,001 $4,313 $27,688
2022 $14,292 $29,933 $3,750 $26,183
2021 $13,479 $29,933 $3,750 $26,183
2020 $13,110 $29,933 $3,750 $26,183
2019 $10,754 $23,866 $3,375 $20,491
2018 $10,278 $23,866 $3,375 $20,491
2017 $10,408 $23,866 $3,375 $20,491
2016 $8,847 $19,372 $2,812 $16,560
2015 $8,608 $19,372 $2,812 $16,560
2014 $8,444 $19,372 $2,812 $16,560
2013 $8,204 $20,289 $2,812 $17,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12443193

Midwest Real Estate Data (MRED)

APN: 24-25-410-036-0000