2336 Union Street, Blue Island

$490,000

0 Beds
0 Baths
9,200 Sqft
0 Acres
0 Garages

Union Street Condominiums provides an investor an excellent opportunity to acquire 7 units and control the overall managment through the Condo Association in this 12 unit condo building. The current rents and operational efficiencies provide an above average ROI and good cash flow. Units included are 2,3,4,6 on the first floor and 9,10,12 on the second floor. Capital Improvements completed include the boiler in 2016, water heater in 2012, roof repairs/maintenance 2019, Parking lot seal coating in 2018, Balcony painting in 2018, New sidewalk at the west side of building in 2017, windows, kitchens and bathrooms have been updated. Good property for deconversion which will likely lower property taxes overall. Current rents are trending up.

Essential Information
MLS® #10524550
Price$490,000
Square Footage9,200
Acres0.00
Year Built1970
TypeCommercial
Sub-TypeMulti Family 5+
StatusActive
Community Information
Address2336 Union Street
AreaBlue Island
CityBlue Island
CountyCook
StateIL
Zip Code60406
Amenities
Parking Spaces6
Interior
HeatingCentral Bldg Heat
CoolingWall Sleeve
Has BasementYes
Stories2
Exterior
ExteriorBrick
ConstructionBrick
Additional Information
ZoningMULTI
Listing Details
OfficeColdwell Banker Residential
Property History
Status Changed from New to Active
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Listing information last updated on October 18th, 2019 at 5:35am CDT.