Blue Island, IL 60406 12843 Gregory Street

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Presented By: HomeSmart Realty Group
  • MLS# 12328414
  • 04/03/2025
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Home Details

This is one of the best 18 unit building in the south suburbs that you will find! Located in the commercial district, this building is in a prime location located near TWO METRA train stations, lyric theater nearby, grocery stores, bars, and ongoing development nearby. MUCH MORE ROOM TO IMPROVE ON RENTAL INCOME! This building also has one of the largest apartment units in Blue Island, and feature balconies, extra storage in basement, shared laundry facilities in basement. Many units have been remodeled! All units have newer replacement windows and newer slider patio doors. Roof is newer. Furnace/Boiler is newer. And this building is extremely clean! City of Blue Island has completed their pre-sale inspection. Contact listing agent for more videos of the building!
Presented By: HomeSmart Realty Group

Interior Features for 12843 Gregory Street

Other Interior Features

Total Fireplaces

General for 12843 Gregory Street

Additional Parcels Y/NNo
CityBlue Island
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWall Sleeve
CountyCook
Current UseMulti-Family
DirectionsWestern Avenue south to Union Street, Union Street East to Gregory Street, Gregory Street North to property.
Electric Expense1226
Fuel Expense7153
Gross Income241496
Insurance Expense7300
MLS AreaBlue Island
MaintenanceExpense500
Net Operating Income190059
Number Of Units Total18
Operating Expense68217
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount39190.34
Tax Year2023
Tenant PaysElectricity
TownshipCalumet
Trash Expense2553
Water Sewer Expense9551
Year Built1967
ZoningMULTI

Exterior for 12843 Gregory Street

Lot Dimensions75' X 160'

Additional Details

Price History

Client Care

Price $1,900,000
MLS#12328414
List Date 04/03/2025
Property Type Contingent
Phone 847.485.2500
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