2121 Canal St.

2121 Canal St., Blue Island, IL 60406

Sold for $344,000 on 7/14/23


Beds Baths Built Sq.Ft. Garage Taxes On Market
8 1963 0 $8,226 370 days

"As-Is" Sale. Brookline Real Estate is proud to present the multifamily asset at 2121 Canal Street in Blue Island, IL. The property consists of four apartments. All units are two-bedroom/one-bath. The property is leased to a mix of new and longer-term tenants. 2121 Canal Street will effectively provide an investor with a stabilized asset featuring four tenants. Multiple units have been renovated, and additional value can be added through updating the remaining units to collect higher rents. The property sits on a quiet residential block near Lincoln Elementary School. The building is located across the Little Calumet River from downtown Blue Island and the Olde Western Avenue Historic District featuring several retail shops and restaurants. 2121 Canal Street is located three blocks from the Blue Island Metra station and is in close proximity to the Western Avenue Pace bus stop. This asset is being offered at a 7.30% CAP rate with tremendous cash flow and future upside.

Listing courtesy of Brookline Real Estate LLC


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
Email  

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2024 Midwest Real Estate Data LLC. All rights reserved.