Cook, US
Turnkey 6-unit multifamily investment opportunity in Blue Island generating $81,792 in current annual rental income with immediate upside through market rent growth. The building features a mix of well-maintained units with stable tenants and consistent occupancy. Average rents are currently $1,136 per unit, while comparable rentals in the area support rents closer to $1,325-$1,350, providing over $14,000 in potential annual rental upside through normal lease renewals and tenant turnover. Operating expenses are well documented and include property taxes, utilities, maintenance, and management assumptions. At market rents, the property offers strong income potential with additional upside through rent growth. The property benefits from strong rental demand due to its convenient location near shopping, transportation, and employment centers. Financials, rent roll, and operating statement available upon request.
Courtesy Of: Citypoint Illinois LLC
Feature Highlights
- Broker Owned/Interest
- Built Before 1978
General Features
- List Date:
- 03/05/2026
Exterior Features and Amenities
- Lot Size Dimensions:
- 7179
Financial
- Days On Market:
- 7
- Tax Annual Amount:
- $19,340.58
- Tax Year:
- 2024
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Data last updated: 2026-03-14.
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