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12934 Page Ct 6 Unit Apartment Building $1 ($0/Unit) Blue Island, IL 60406
Investment Highlights
- Long term tenants, low turn-over
- Below market rents provide strong value-add opportunity for future rent growth.
- Property management in place
- SELLER FINANCING AVAILABLE for qualified and experienced buyer.
Executive Summary
Multifamily Investment in Blue Island! Solid all-brick 6-unit building. Fully occupied with long term tenants. Five 2 bedroom 1 bath & One 1 bedroom one bath apartments. Tenents utilities include electric and cooking gas. Off street parking & common laundry area for additional income. Below market rents provide strong value-add opportunity for future rent growth.
SELLER FINANCING AVAILABLE for qualified and experienced buyer.
SELLER FINANCING AVAILABLE for qualified and experienced buyer.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$68,400
|
$11.13
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$68,400
|
$11.13
|
| Taxes |
$14,897
|
$2.42
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$14,897
|
$2.42
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $68,400 |
| Annual Per SF | $11.13 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $68,400 |
| Annual Per SF | $11.13 |
| Taxes | |
|---|---|
| Annual | $14,897 |
| Annual Per SF | $2.42 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $14,897 |
| Annual Per SF | $2.42 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1.00 | Building Class | C |
| Price Per Unit | $0 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 6,145 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1969 |
| Apartment Style | Low-Rise |
| Price | $1.00 |
| Price Per Unit | $0 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,145 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1969 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 5 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 25-31-214-021-0000 | Total Assessment | $37,000 |
| Land Assessment | $4,461 | Annual Taxes | $14,897 ($2.42/SF) |
| Improvements Assessment | $32,539 | Tax Year | 2025 |
Property Taxes
Parcel Number
25-31-214-021-0000
Land Assessment
$4,461
Improvements Assessment
$32,539
Total Assessment
$37,000
Annual Taxes
$14,897 ($2.42/SF)
Tax Year
2025
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12934 Page Ct