Multifamily
2247 W 119th St
2247 W 119th St, Blue Island, IL 60406
Listing Price: $740,000
Investment Overview
Marcus & Millichap is pleased to present this eight-unit apartment property, located at 2247 West 119th Street, in Blue Island, Illinois.
Built in 1959, the building consists of eight one-bedroom / one-bathroom units each averaging approximately 700 square feet. The property has five off-street parking spaces, an on-site laundry facility, new windows and new patio doors. Four of the units have been recently renovated, featuring updated kitchens with new stainless-steel appliances, cabinets, and ceramic tile backsplashes as well as bathrooms with new ceramic tile flooring and vanities with updated mirrors and lighting.
This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow and additional upside potential by renovating the remaining four apartments.
2247 W 119th St
Investment Highlights
- Four of Eight Units are Fully Renovated with New Kitchens and Bathrooms, Additional Upside Potential by Renovating the Remaining Four Apartments
- Flexicore Construction
- Newer Hot Water Tank and Circulator Pump
- Walking Distance to 119th Street Metra Station and PACE Bus Stops
- Five Off-Street Parking Spaces and On-Site Laundry Facility
- Easy Access to Interstate 57, Interstate 94, and Interstate 294
- Eleven Miles to Chicago Midway International Airport
Exclusively Listed By
Listing Price: $740,000
Investment Highlights
- Four of Eight Units are Fully Renovated with New Kitchens and Bathrooms, Additional Upside Potential by Renovating the Remaining Four Apartments
- Flexicore Construction
- Newer Hot Water Tank and Circulator Pump
- Walking Distance to 119th Street Metra Station and PACE Bus Stops
- Five Off-Street Parking Spaces and On-Site Laundry Facility
- Easy Access to Interstate 57, Interstate 94, and Interstate 294
- Eleven Miles to Chicago Midway International Airport
Investment Overview
Marcus & Millichap is pleased to present this eight-unit apartment property, located at 2247 West 119th Street, in Blue Island, Illinois. Built in 1959, the building consists of eight one-bedroom / one-bathroom units each averaging approximately 700 square feet. The property has five off-street parking spaces, an on-site laundry facility, new windows and new patio doors. Four of the units have been recently renovated, featuring updated kitchens with new stainless-steel appliances, cabinets, and ceramic tile backsplashes as well as bathrooms with new ceramic tile flooring and vanities with updated mirrors and lighting. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow and additional upside potential by renovating the remaining four apartments.
Exclusively Listed By
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