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2421-2423 123rd St
Blue Island, IL 60406
Multifamily Property For Sale · 9 Units

Investment Highlights

  • Flexicore Construction
  • Strong Transit-Oriented Location Near Metra Station and PACE Bus Stops
  • Upgraded Units include New Bathroom Fixtures, Carpet & A/C Units
  • Significant Upside in Rents
  • Desirable Unit Mix of Two-Bedroom and Three-Bedroom Units
  • Each Unit has Washer & Dryer Hook-Ups

Property Facts

Price Per Unit $88,333
Sale Type Investment
Cap Rate 8.51%
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 12,460 SF
No. Stories 3
Year Built 1967
Zoning R-3, Blue Island

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 6 - -
3+1.5 3 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 24-25-403-010-0000
  • 24-25-403-011-0000
Land Assessment
$3,652
Improvements Assessment
$83,886
Total Assessment
$87,538
  • Listing ID: 41462109

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: 2421-2423 123rd St, Blue Island, IL 60406

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