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Multifamily

2423 W 123rd St

2423 W 123rd St, Blue Island, IL 60406

Listing Price: $775,000

Cap Rate
8.73%
Number of Units
9
GRM
5.82
Price/Unit
$86,111
Price/Gross SF
$86.11
Gross SF
9,000

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 2423 123rd Street, a nine-unit multifamily property in Blue Island, Illinois. This investment offers an investor the opportunity to acquire a well-maintained, flexicore construction asset with significant upside in rents, ideally positioned near the Metra station and PACE bus stops, offering strong transit-oriented accessibility.

Investment Highlights

  • Flexicore Construction
  • Significant Upside in Rents
  • Strong Transit-Oriented Location Near Metra Station and PACE Bus Stops
  • Desirable Unit Mix of Two-Bedroom and Three-Bedroom Units
  • Upgraded Units include New Bathroom Fixtures, Carpet & A/C Units
  • Each Unit has Washer & Dryer Hook-Ups

Exclusively Listed By

Multifamily

2423 W 123rd St

Listing Price: $775,000

Cap Rate
8.73%
Number of Units
9
GRM
5.82
Price/Unit
$86,111
Price/Gross SF
$86.11
Gross SF
9,000

Investment Highlights

  • Flexicore Construction
  • Significant Upside in Rents
  • Strong Transit-Oriented Location Near Metra Station and PACE Bus Stops
  • Desirable Unit Mix of Two-Bedroom and Three-Bedroom Units
  • Upgraded Units include New Bathroom Fixtures, Carpet & A/C Units
  • Each Unit has Washer & Dryer Hook-Ups

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 2423 123rd Street, a nine-unit multifamily property in Blue Island, Illinois. This investment offers an investor the opportunity to acquire a well-maintained, flexicore construction asset with significant upside in rents, ideally positioned near the Metra station and PACE bus stops, offering strong transit-oriented accessibility.

Exclusively Listed By

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