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Adam Baxa
Mobile Phone:
630-234-4472
adam@thebaxagroup.com
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Adam Baxa
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Mobile Phone:
630-234-4472
adam@
thebaxagroup.com
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FOR SALE
$119,000

2449 COLLINS Street
Blue Island, IL 60406

Multi-Family
Residence
6
Beds
4
Baths
N/A
Acre Lot
1of
Photos
Map
Courtesy: Northlake Realtors
MRED> Illinois> Blue Island> 60406
Investor/handyman special!! AMAZING potential in this Blue Island 2-flat! Each unit has 3 bedrooms and 1 full bathroom. Both kitchens has a large eat in area and abundant cabinetry. Spacious bedrooms are all conveniently located near a full bath. MASSIVE unfinished basement and attic! Bonus detached 2-car garage! Walk to Hart Park. Easy access to I-57 and I-294! Surrounded by TONS of dining, shopping, and recreational options! Don't miss out on this rare opportunity! Once renovated -- the 3 bedroom unit can rent for $1,300 (around $1,500 Section 8). Cash-only sale with minimally-moderate renovations for under $200k. Net cash flow: $30k net profit annually with just the 2 units (15% cap rate)! Once occupied, refinance is an option to pull out equity and have a mini cash cow for life.
11238206
Multi-Family, Other
6
Cook
4
1894
Lake Michigan
Frame
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Northlake Realtors
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