12823 Hoyne Avenue
Blue Island, IL 60406

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $350,000
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About this home

10% CAP RATE - TURN KEY INVESTMENT THAT IS FULLY REHABBED!!!! Great 3 Flat in Blue Island that is cash flowing with great tenants! Tenants pay all their own utilities - Gas, Electric, and Heat!!! All units remodeled in 2015 Roof 2014 - Complete tear off New Siding Water Tanks Furnaces Windows

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1898
Exterior Building Type Vinyl Siding
Parking None
Rehab Year 2015
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Blue Island
Corporate Limits Blue Island
Directions Hoyne to 12823 street. Street parking available
Elementary Sch Dist 152
Heat/Fuel Natural Gas
High Sch Dist 170
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 152
Township Calumet
Interior Features
Basement Description Partially Finished
Basement Bathrooms No
Basement Partial
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 4
Total Rooms 14
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 875
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 01/25
Rooms Total 3
Security Deposit 875
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 950
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 01/25
Rooms Total 4
Security Deposit 950
Tenant Pays Electric,Gas
Floor Number 1
unit 3
Beds Total 4
Baths Total 2
Actual Rent 1500
Appliances And Features Stove, Refrigerator
Full Baths Total 2
Lease Expiration Date 01/25
Rooms Total 4
Security Deposit 1500
Tenant Pays Electric,Gas
Floor Number 2
Square Feet 1800
Property / Lot Details
Lot Dimensions 100X100
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

ElectricExpense 360
Gross Rental Income $38,900
Insurance Expense $1,800
Net Oper Income $32,044
Rental Income 38900
Scavenger Expense $1,200
Investment Profile Residential Income
Water Expense $1,200

Tax/Assessments/Liens

PIN 25311110070000
Special Assessments N
Taxes $5,697
Tax Year 2021
$350,000 Listing Price:
MLS # 12018576
Investment Profile Residential Income
Listing Market Time 35 days
Basement Partial
Type Unit 3 Flat
Number of Units in Building 3
Parking None
List Date 04/02/2024
Year Built 1898
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