Blue Island, IL 60406

Inflation Deflator! Lay your foundation for the future with the purchase of this eye-catching sturdy brick three-unit building with a basement. This is truly a rare find, owned by the same owner for 39 years, and it suits both the owner-occupant lifestyle and the investor's eye for value. The property features a spacious main-level apartment (Apt #1), formerly the previous owner's residence, offering a large living room with hardwood flooring that opens to a big eat-in kitchen with unique, custom-designed stainless steel cabinetry and stainless steel appliances. There are three bedrooms and one and a half bathrooms, currently rented for $1,850 per month with all utilities included. A side door leads to two apartments upstairs. The completely renovated second apartment (Apt #2) offers two bedrooms and one bath, luxury vinyl flooring throughout, a new kitchen, and an updated bathroom. It is currently vacant with a rental potential of $1,400 per month, including water and garbage. The third apartment (Apt #3) features one bedroom and one bathroom and is rented to a long-term tenant at $900 per month, also including water and garbage, with a rental potential of $1,200 per month. The large finished basement, previously rented but recently reconverted, is ideal for extended living space, entertaining, or storage. There is also a separate coin laundry room generating approximately $100 per month, along with a utility room featuring storage lockers for each unit. The 1.5-car garage could be rented for an additional $100 to $150 per month. The property offers a generous backyard and side yard with a paver patio, perfect for outdoor entertaining. Located in a hot rental area in the heart of Blue Island, this property is just a short nine-minute walk to the train and provides easy access to I-57. Schedule your viewing before this opportunity is gone!