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2408 S Blue Island Avenue

Chicago, IL 60608
  • $1,900,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 12220810
$1,900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1901
County:
Area:

School Ratings & Info

Description

This 2-story brick building offers a prime opportunity for investors and developers with its 15 units consisting of 13 apartments and 2 storefronts. Located in Pilsen, a neighborhood known for its cultural vibrant and ongoing development, this mixed-use building presents a strong potential for both residential and commercial rental income. Given the increasing demand for properties in the area of Pilsen area, this building could attract both residential tenants and businesses looking for a presence in a lively neighborhood. Close to major expressways I55, I90 and I94, just a few minutes to downtown Chicago.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2408 S Blue Island Avenue Chicago, IL 60608

  • Price: $1,900,000
  • Status: Active
  • On Site: 64 Days
  • MLS #: 12220810
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1901
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
This 2-story brick building offers a prime opportunity for investors and developers with its 15 units consisting of 13 apartments and 2 storefronts. Located in Pilsen, a neighborhood known for its cultural vibrant and ongoing development, this mixed-use building presents a strong potential for both residential and commercial rental income. Given the increasing demand for properties in the area of Pilsen area, this building could attract both residential tenants and businesses looking for a presence in a lively neighborhood. Close to major expressways I55, I90 and I94, just a few minutes to downtown Chicago.
Exterior Features

Exterior Building Type Brick

Interior Features

Basement Unfinished Heat Ventilation Hot Water

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Gross Income 85000 Gross Scheduled Income 73134 Insurance Expense 6508 Location Corner Maintenance Expense 2500 Mls Actual Status Active Net Operating Income 72000 Operating Expense 11865 Ownership Types Individual Tax Annual Amount 18883 Tax Year 2022 Total Monthly Income 7083 Type Multi Family 5+ Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Nancy & Associates Realty: 708-279-9191.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910