12602 Artesian Avenue

For Sale

12602 Artesian Avenue, Blue Island, IL 60406

This Blue Island property for sale is located at 12602 Artesian Avenue. The current listed sale price for 12602 Artesian Avenue is $1,075,000. 12602 Artesian Avenue is situated on a lot that is 0.19 acre in size.

Contacts

broker

Jimmy Donahue

Essex Realty Group

Property Details

  • Property Type Multi-Family
  • Property Size 9,370 SF
  • Units 11
  • Lot Size 0.19 Acre
  • Additional Rent Contact for pricing
  • Year Built 1926
  • Date Updated Oct 28, 2024
CITY OF BLUE ISLAND, IL Blue Island, Illinois, is a vibrant city located in Cook County, just outside of Chicago. Nestled along the banks of the Calumet River, this charming community offers a rich history, diverse culture, and a close-knit atmosphere. Blue Island is renowned for its picturesque neighborhoods, tree-lined streets, and a strong sense of community pride. The city boasts a mix of architectural styles, ranging from Victorian-era homes to modern developments, creating a unique and eclectic ambiance. Blue Island is also known for its thriving arts scene. The city is home to numerous art galleries, studios, and theaters, showcasing the talents of local artists and performers. Residents and visitors alike can enjoy a wide range of cultural events and festivals throughout the year, celebrating music, visual arts, and theater. Blue Island’s economic highlights stem from its industrial base, healthcare sector, support for small businesses, retail centers, transportation advantages, and diverse job opportunities. These factors contribute to the city’s economic stability and make it an attractive place for businesses to establish themselves and individuals to pursue employment opportunities.Essex Realty Group, Inc. has been exclusively engaged to market for sale of 12602 Artesian Avenue, a 11-unit apartment property located in the Cook County suburb of Blue Island. The building consists of (3) 3Bd/1Ba units, (1) 2Bd/1Ba units, and (7) 1Bd/1Ba units. 12602 Artesian has received extensive recent capital expenditures including a new boiler (2024), new hot water heater (2023), new courtyard porches (2024), newer windows and a layer on the roof (2022). The Subject Property is located 18 miles south of Downtown Chicago and 1 mile from the Blue Island Metra station. The Property's convenient location offers residents easy access to public transportation and nearby shops and restaurants. This investment offers the chance to acquire a well-maintained, stabilized asset with notable potential for increased returns in the future.

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Highlights

  • Significant Recent Capital Improvements Include: New Boiler (2024), Hot Water Heater (2023), Layer on Roof (2022), and Porches (2024)
  • Fully Occupied Property in High Demand Suburban Rental Market
  • Three (3) 3Bd/1Ba Units, One (1) 2Bd/1Ba Unit, and Seven (7) 1Bd/1Ba Units with the Opportunity to Convert More 1Bd Units Into 2Bd Units
  • Fully Stabilized Turnkey Asset

Getting around

  • 80/100

    Walk Score ®

  • 46/100

    Transit Score ®

  • 50/100

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Location

  • City Blue Island, IL
  • Zip Code 60406
  • Market Chicago

Points of Interest

  • Blue Island

    0.66 miles

  • Burr Oak

    0.69 miles

  • 115th Street (Morgan Park)

    1.55 miles

  • 111th Street (Morgan Park)

    2.03 miles

  • West Pullman

    2.16 miles

  • 107th Street (Beverly Hills)

    2.46 miles

  • 103rd Street (Beverly Hills)

    2.96 miles

  • Midlothian

    3.09 miles

  • Riverdale

    3.27 miles

  • 99th Street (Beverly Hills)

    3.49 miles

  • Thorntons

    0.20 miles

  • Citgo

    0.82 miles

  • BP

    0.95 miles

  • Pilot

    0.97 miles

  • Shell

    1.04 miles

  • Mobil

    1.10 miles

  • Marshfield Citgo

    1.32 miles

  • Tesla Supercharger

    4.64 miles

  • EVgo

    6.25 miles

  • ChargePoint

    9.23 miles

  • Blue Island Park & Ride

    0.85 miles

  • Car Parking

    2.33 miles

  • Lot 10

    3.34 miles

  • Lot 11

    3.35 miles

  • Lot 12

    3.36 miles

  • Lot 9

    3.38 miles

  • Lot 3

    3.42 miles

  • Lot 8

    3.44 miles

  • Lot 7

    3.45 miles

  • Lot 2

    3.45 miles

  • Plaza Inn

    1.05 miles

  • Days Inn Calumet Park

    1.09 miles

  • Knights Inn Calumet Park

    1.11 miles

  • Baymont

    2.91 miles

  • Key Motel

    3.08 miles

  • Budget Lodge

    3.11 miles

  • Holiday Inn Express Crestwood

    3.12 miles

  • DoubleTree by Hilton Hotel Chicago - Alsip

    3.24 miles

  • Motel 6 Alsip

    3.30 miles

  • Royal Motel

    4.15 miles

  • ALDI

    0.48 miles

  • Jewel-Osco

    1.41 miles

  • Burlington

    1.50 miles

  • dd's Discounts

    1.55 miles

  • Fairplay Foods

    1.87 miles

  • Food 4 Less

    2.12 miles

  • County Fair Foods

    2.23 miles

  • Ross

    3.20 miles

  • Target

    3.37 miles

  • Kohl's

    3.40 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jimmy Donahue

Essex Realty Group