$675,000 Price Analysis 2423 123rd StBlue Island, IL 60406 Unknown bed 2 bath unknown SqFt ($0/SqFt) 5,648SqFt lot. Built 1967 Listed 2024-01-23, Taxes $20,353 | Ⓧ USDA Ineligible due to location near Blue Island |
A multi-family real estate gem comprising nine (9) big 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 desrable 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 br inging the rents to increased levels, a new owner will enjoy steady returns on this opportunist investment
Presented by John Lambert at
Kiser Group Realty Inc.
Property MLS #11966048 from MRED
Year | Assessments Building + Land Total | Tax |
---|---|---|
2020 | $44,410 + $2,063 $46,473 | $20,353 |
2019 | $30,697 + $1,905 $32,602 | $14,689 |
2018 | $30,697 + $1,905 $32,602 | $14,039 |
2017 | $30,697 + $1,905 $32,602 | $14,217 |
2016 | $28,888 + $1,746 $30,634 | $13,990 |
2015 | $40,919 + $1,746 $42,665 | $18,958 |
2014 | $40,919 + $1,746 $42,665 | $18,597 |
2013 | $40,919 + $1,746 $42,665 | $17,252 |
2012 | $40,919 + $1,746 $42,665 | $16,570 |
2011 | $40,919 + $1,746 $42,665 | $15,745 |
2010 | $23,163 + $1,857 $25,020 | $8,518 |
2009 | $55,627 + $2,285 $57,912 | $19,503 |
2007 | $31,553 + $2,794 $34,347 | $10,119 |
2006 | $34,421 + $3,048 $37,469 | $10,344 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.