Contact us: 563.441.1776
Description
Nestled in quiet neighborhood section of Blue Island. This 6-unit building features four 2 Bedroom apartments and two 1-bedroom apartments. Building is very well maintained and cared for. Secure front entry leads to common hallway to each apartment which each tenant would grant access to visitor. Each unit has their own electric panel with circuit breakers and thermostat as well as kitchen appliances (stove & refrigerator) and air conditioners. There is a common laundry room on the ground floor with coin operated washer & dryer. Laundry room was updated in 2024 with new floors. There are also 6 separate storage lockers for each tenant. Building has hot water heat. The hot water heater was installed in 2021. The roof is new as it was installed in 2023. Four apartments have some updated features such as newer vanities, countertop and other improvements. There is parking in the rear of building for 6 cars as well as a side drive that can accommodate additional parking if needed. A large storage shed is in back for storage of maintenance equipment or common storage and a small makeshift patio for tenants to enjoy outdoor space or can also be converted to additional parking. This is a great investment opportunity to purchase a fully rented apartment building with long term tenants in a well taken care of structurally sound building. Whether you are a new or seasoned investor, this can be a perfect fit to your real estate portfolio.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 6,227
County: Cook
Listed By:
United Real Estate - Chicago
630-748-4660
MRED MLS
MLS ID: 12690905
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2836 Minnesota Avenue, Blue Island, IL 60406.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $699,000 | $699,000 | $699,000 |
| Down Payment | $139,800 | $24,465 | $174,750 |
| Monthly Mortgage Amount | $3,489 | $4,226 | $4,353 |
| Taxes | $973 | $973 | $973 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $308 | $0 |
| Monthly Estimated Total | $4,666 | $5,711 | $5,530 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/22/2026. The listing information on this page last changed on 07/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/22/2026 6:13:26 AM EST) or MRED MLS (last updated Wed 07/22/2026 2:04:26 AM EST) or SCWMLS (last updated Tue 07/21/2026 11:54:37 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 07/21/2026 10:17:21 PM EST) or Cedar Rapids MLS (last updated Tue 07/21/2026 10:46:03 PM EST) or NEIRBR MLS (last updated Wed 07/22/2026 1:18:39 AM EST) or ICAAR MLS (last updated Tue 07/21/2026 11:37:31 PM EST) or ECIMLS (last updated Tue 07/21/2026 11:44:32 PM EST) or RMLSA (last updated Wed 07/22/2026 1:10:55 AM EST) or Muscatine MLS (last updated Wed 07/22/2026 2:00:10 AM EST) or No Coast MLS (last updated Wed 07/22/2026 12:44:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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