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Multifamily

12510-12514 Vincennes Rd

12510-12514 Vincennes Rd, Blue Island, IL 60406

Listing Price: $1,125,000

Cap Rate
6.16%
Number of Units
15
Price/Unit
$75,000
Price/Gross SF
$92.59
Gross SF
12,150

Investment Overview

Marcus & Millichap is pleased to present this fifteen-unit apartment property, built in 1968, located at 12510-12514 Vincennes Road in Blue Island, Illinois. The building is comprised of five one-bedroom / one-bathroom units, nine two-bedroom / one-bathroom units, and one three-bedroom / one-bathroom unit, measuring approximately 700, 850, and 1,000 square feet, respectively. The property features ample off-street parking and an on-site laundry facility. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.

Investment Highlights

  • Good Unit Mix
  • Ample Off-Street Parking
  • On-Site Laundry Facility
  • Easy Access to Interstate 57
  • Less Than One Mile from 123rd Street/Blue Island Metra Station
  • Close Proximity to Retail and Dining Options
  • Surrounded by Numerous Schools and Recreational Parks

Exclusively Listed By

Multifamily

12510-12514 Vincennes Rd

Listing Price: $1,125,000

Cap Rate
6.16%
Number of Units
15
Price/Unit
$75,000
Price/Gross SF
$92.59
Gross SF
12,150

Investment Highlights

  • Good Unit Mix
  • Ample Off-Street Parking
  • On-Site Laundry Facility
  • Easy Access to Interstate 57
  • Less Than One Mile from 123rd Street/Blue Island Metra Station
  • Close Proximity to Retail and Dining Options
  • Surrounded by Numerous Schools and Recreational Parks

Investment Overview

Marcus & Millichap is pleased to present this fifteen-unit apartment property, built in 1968, located at 12510-12514 Vincennes Road in Blue Island, Illinois. The building is comprised of five one-bedroom / one-bathroom units, nine two-bedroom / one-bathroom units, and one three-bedroom / one-bathroom unit, measuring approximately 700, 850, and 1,000 square feet, respectively. The property features ample off-street parking and an on-site laundry facility. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.

Exclusively Listed By

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