12930 Page Ct Blue Island, IL 60406

Exceptional investment opportunity in Blue Island, IL, presents a six-unit apartment building with a compelling 9.20% cap rate and a current NOI of $50,596. This stabilized property boasts 100% occupancy, generating $6,380 in monthly rental income. The building comprises five two-bedroom/one-bathroom units and one one-bedroom/one-bathroom unit, offering a diverse tenant base. Recent capital improvements, including roof upgrades and renovations to both common areas and individual units, minimize future maintenance expenses and enhance the property's value. This turnkey investment requires no immediate repairs or tenant placement, providing immediate cash flow. The asking price is $550,000, translating to $91,667 per unit. Built in 1969, this two-story building is located at 12930 Page Ct, Blue Island, IL 60406 (APN: 25312140220000). Note that this property may be purchased as part of a package deal with another property in Blue Island. The current below-market rents on some units present a significant opportunity to increase future income. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset with substantial upside potential.