12930 Page Court
$550,000
11
6
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Description
Exceptional Investment Opportunity - 6-Unit Building with Strong Cash Flow and 9.2% Cap Rate! This fully rented 6-unit building presents a unique opportunity for investors seeking steady cash flow and long-term growth potential. It is comprised of five (5) two bed/one bath units and one (1) one bed/one bath unit. Key features include: Currently generating $6,380 per month in rental income; despite half the units priced below market rent. This indicates a significant upside potential for future rent...Exceptional Investment Opportunity - 6-Unit Building with Strong Cash Flow and 9.2% Cap Rate! This fully rented 6-unit building presents a unique opportunity for investors seeking steady cash flow and long-term growth potential. It is comprised of five (5) two bed/one bath units and one (1) one bed/one bath unit. Key features include: Currently generating $6,380 per month in rental income; despite half the units priced below market rent. This indicates a significant upside potential for future rent as tenant's turnover. The building has undergone substantial improvements, including recent upgrades to all common areas, units, upgrade to the roof, and other capital expenditures, ensuring reduced maintenance costs and enhanced property value. As an investor, you can immediately enjoy the cash flow without the hassle of initial repairs or tenant placement. This property can be purchased as a package deal along with 12438 Fairview Ave. in Blue Island!
- Listed by Michael Scanlon • eXp Realty, LLC
- Listed by Cody Starostka • eXp Realty, LLC
Property Details for 12930 Page Court
Area
Blue Island
ZoningMULTI
LISTING UPDATED: 09/30/2024 07:20 AM
Property Details for 12930 Page Court
Status | Active |
---|---|
MLS # | 12121318 |
Days on Market | 119 |
Taxes | $13,295 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Corridor-Exterior Entrance |
Year Built | 1969 |
Lot Size | 0.16 AC / 7,179 SF |
County | Cook County |
Building Information for 12930 Page Court
Stories3Residences6Year Built1969Building Size-Lot Size0.16 AC / 7,179 SF
Property Information for 12930 Page Court
Property History for 12930 Page Court
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 12930 Page Court
Taxable ValueLand$3,768Additions$23,140Total$26,908
Tax Record2022$13,295 ($1,108 / month)
Home Facts
Baths6Total Finished SqFt6,145 SqFtAbove Grade Finished SqFt6,145 SqFtStories3Lot Size7,179 SqFtStyleMulti-Family Res (5+ Units)Year Built1968CountyCOOKAPN25-31-214-022
Schools near 12930 Page Court
This home is within Chsd 218 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 3 to 5 |
Rating | School | Distance |
---|---|---|
Burr Oak Academy PublicPK to 2 | ||
Calumet Elementary School Public6 to 8 | ||
A B Shepard High School (Campus) Public9 to 12 | ||
Burr Oak Elementary School Public3 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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