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$ 125,000
Est. payment | /mo
4 Beds
2 Baths
5,662 Sqft Lot
$ 125,000
Est. payment | /mo
4 Beds
2 Baths
5,662 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12735851
Bedrooms 4
Year Built 1892
Annual Tax Amount $6,337
Tax Year 2024
Lot Size 5,662 Sqft
Lot Dimensions 5808
Property Sub-Type Two to Four Units
Property Description
Two-unit building from 1892. Each unit has 2 bedrooms and 1 bathroom. This one needs a full gut job. It is being sold as-is. Cash or rehab loan only - a regular mortgage will not work on this property. Here is what we know. The boiler does not work, so plan on a new heating system. The seller has seen water leaking into the basement. He does not know where it is coming from and nothing has been done about it. The wiring is old and the seller thinks the whole house needs to be rewired. There are two electrical panels and one of them was replaced a few years ago, so have your electrician take a look and see what can stay. The seller has also seen what he thinks are signs of termites, but there has been no inspection and no treatment, so nothing is confirmed. Get your own termite and structural inspection. Other than that, expect a lot of deferred maintenance. Plan on taking it down to the studs. One thing already done: the windows on the first and second floors are newer. Ideally for investors, flippers, and landlords who can handle a full rehab. The seller does not plan on clearing out the property, will not make repairs, will not give credits, and offers no warranties. Bring your contractor to the walkthrough and run your numbers.
Location
State IL
County Cook
Area Blue Island
Rooms
Basement Unfinished, Block, Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Frame, No
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
School District 130 , 130, 218
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Miguel Garcia-Cordero of StoneBridge Realty LLC
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