NOT LISTED FOR SALE

2527 New St Blue Island, IL 60406

5 Beds
5 Baths
-- Sq Ft
1880 Built

Last Sold August 11, 2021

Last sale price $83,000

81 Days on Market

About This Home

As of August 2021

Blue Island Multi-unit in a great location. 2 units occupied with long term tenants, 1 unit ready to go, and 1 unit needs a full rehab. Great cash flowing building right next to downtown with shops and restaurants. Great price for a value-add opportunity. Property sold AS IS. Property will need to be inspected by the City of Blue Island. 2 studio units, and 2 one bed units, with an additional living space in the basement.

Last Agent to Sell the Property

Derek Walvoord

Exit Strategy Realty / EMA Management License #475193959 Listed on: 04/09/2021

Last Buyer's Agent

Maribel Castillo Sanchez

RE/MAX Mi Casa License #475175449

RE/MAX Mi Casa

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • First Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Room Type: Utility Room-1st Floor
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Dimensions: 6006 SQ FT
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 7936.15
  • Tax Year: 2019

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $83,000 -36.2% --
06/29/2021 06/29/21 Pending -- -- --
06/23/2021 06/23/21 For Sale -- -- --
04/20/2021 04/20/21 For Sale -- -- --
04/16/2021 04/16/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $130,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Derek Walvoord

    Seller's Agent in 2021

    Derek Walvoord

    Exit Strategy Realty / EMA Management

    (312) 754-8024

    1 in this area

    97 Total Sales

    Derek Walvoord
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11048943

Midwest Real Estate Data (MRED)
Illinois Cook County Blue Island 60406

2527 New St, Blue Island, IL

Not Listed for Sale

MultiFamily

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