NOT LISTED FOR SALE

12909 Page St Blue Island, IL 60406

11 Beds
6 Baths
-- Sq Ft
1969 Built

Last Sold January 12, 2024

Last sale price $455,000

60 Days on Market

About This Home

As of January 2024

Outstanding 6-Unit multifamily located in Blue Island. The property features five -2 Bedroom -1 Bath units and one 1-Bedroom-1-Bath unit. Fully rented. Many capital improvements including a new tear-off roof, new tuckpointing, new concrete front & rear porches, updated kitchens and bathrooms with new cabinets and ceramic tile, new resurfaced parking lot, and, a camera security system. Located close to shopping , schools, public transportation and I-57. Potential to raise rents to market rent for higher income. A great rental area. Please do not disturb tenants. 48-hour notice for all showings.

Last Agent to Sell the Property

James Tammaro

RE/MAX 10 License #475114220 Listed on: 07/01/2023

RE/MAX 10

Last Buyer's Agent

James Tammaro

RE/MAX 10 License #475114220 Listed on: 07/01/2023

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,970

Year Built

  • Built in 1969

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating
  • Radiator
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Lot Dimensions are 50 x 175

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $450
  • Fuel Expense $3,800
  • Insurance Expense $4,000
  • Maintenance Expense $2,000
  • Manager Expense $2,976
  • Other Expense $1,100
  • Trash Expense $1,300
  • Water Sewer Expense $3,200
  • Operating Expense $32,396
  • Gross Income $63,540
  • Net Operating Income $31,482

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,970

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1969
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 0
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Frontage Type: City Street
  • List Price: 443900

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls,Gas,Radiators

Condo/Co-op/Association

  • Manager Expense: 2976
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1300
  • Water Sewer Expenses: 3200
  • Janitor Expense: 600
  • Operating Expense Includes: Maintenance Grounds,Supplies

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 175
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 31482
  • Fuel Expense: 3800
  • Insurance Expense: 4000
  • ElectricExpense: 450
  • GrossIncome: 63540
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 32396
  • Expense Year: 2023
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 12970
  • Tax Year: 2021

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $455,000 +2.5% --
08/31/2023 08/31/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $443,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11821696

Midwest Real Estate Data (MRED)