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Investment Highlights

  • Nearby Public Transportation
  • Off-Street Parking
  • Strong Rental Demographics & Demand
  • Area Amenities & Demand Drivers
  • Durable Brick Construction
  • Quality of Life Amenities

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 13039 Wood Street in Blue Island, IL (the “Property”). The multi-story building contains nine (9) 2-Bedroom/1-Bathroom units and three (3) 1-Bedroom/1-Bathroom units with 10,000 square feet of gross living area in 12,000 square feet of gross area. The Property is situated upon a 0.37-acre parcel and offers twelve (12) surface parking spaces. 13039 Wood Street is well-positioned within the City of Blue Island, offering convenient access to nearby residential neighborhoods and local commercial corridors. The property benefits from proximity to Western Avenue and Old Western Avenue, providing direct connections throughout Blue Island and to surrounding south suburban communities. Regional access is supported by nearby Interstate 57 and I-80/I-294, allowing efficient travel to downtown Chicago, the broader South Suburban market, and major employment centers. Nearby retail, dining, parks, and public transit options further enhance livability and overall tenant appeal.

Property Facts

Price $1,100,000
Price Per Unit $91,667
Sale Type Investment
Cap Rate 7%
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.37 AC
Building Size 12,000 SF
Average Occupancy 100%
No. Stories 3
Year Built 1968
Parking Ratio 1/1,000 SF

Property Taxes

Property Taxes

Parcel Number
25-31-217-048-0000
Land Assessment
$9,674
Improvements Assessment
$72,074
Total Assessment
$81,748
  • Listing ID: 39763322

  • Date on Market: 3/13/2026

  • Last Updated:

  • Address: 13039 Wood St, Blue Island, IL 60406

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