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12510 Vincennes Rd 6 Unit Apartment Building $550,000 ($91,667/Unit) 10.66% Cap Rate Blue Island, IL 60406
INVESTMENT HIGHLIGHTS
- Fully Occupied Apartment Building
- Excellent Location Near Metra Trains
- 10.66% CAP Rate
EXECUTIVE SUMMARY
Brookline Real Estate presents the multifamily asset at 12510 Vincennes Road in Blue Island, IL. The property consists of two buildings and six total apartments.
12510 Vincennes Road will effectively provide an investor with a stabilized, fully-occupied asset. Located near Metra train stations and less than one mile to I-57, the property offers excellent value for both residents and ownership.
This asset is being offered at a 10.66% CAP with tremendous cashflow and continued growth. Sold as-is.
12510 Vincennes Road will effectively provide an investor with a stabilized, fully-occupied asset. Located near Metra train stations and less than one mile to I-57, the property offers excellent value for both residents and ownership.
This asset is being offered at a 10.66% CAP with tremendous cashflow and continued growth. Sold as-is.
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PROPERTY FACTS
| Price | $550,000 | Building Class | C |
| Price Per Unit | $91,667 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 10,108 SF |
| Cap Rate | 10.66% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $550,000 |
| Price Per Unit | $91,667 |
| Sale Type | Investment |
| Cap Rate | 10.66% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 10,108 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | 25-30-308-064-0000 | Improvements Assessment | $52,362 |
| Land Assessment | $3,638 | Total Assessment | $56,000 |
PROPERTY TAXES
Parcel Number
25-30-308-064-0000
Land Assessment
$3,638
Improvements Assessment
$52,362
Total Assessment
$56,000
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12510 Vincennes Rd
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