$1,190,000

Presenting the Multifamily Investment Portfolio located in Blue Island, IL. The offering consists of three fully-leased apartment buildings. The properties are within blocks of one another, and include a six-unit, a four-unit, and a three-unit building to complete the portfolio. The subject properties will effectively provide an investor with stabilized assets featuring thirteen occupied apartments. Multiple units have been recently upgraded including newer cabinets, flooring, and appliances. Additional value can be added through updating the remaining units to collect higher rents. All three properties have an excellent history of occupancy. The properties are located entirely within Blue Island, at: 2160 123rd St 2501 Grove St 12801 Honore St The building are in proximity to downtown Blue Island and the Olde Western Avenue Historic District featuring several retail shops and restaurants. Residents enjoy short distances to transit including four Metra train stations and PACE bus stops along Western Avenue. This portfolio is being offered at a 6.50% CAP rate with tremendous cash flow and future upside.