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2523 Grunewald Street Blue Island, IL $ 480,000
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2523 Grunewald Street
$ 480,000
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2523 Grunewald Street

Blue Island, IL, 60406
$ 480,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 2,955

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Multi-Family Home for sale in Blue Island, IL

for $480,000 with 8 bedrooms and 3 full baths. This home was built in 1960.

Beautifully-maintained brick 3-flat building with all units currently rented. The garden apartment features 2 bedrooms, while the two upper units offer 3 bedrooms each. The building is in great overall condition and features hardwood floors floors throughout, nice size bedrooms, and laundry facilities in the building. Additional highlights include an enclosed back porch, fenced yard, and a 2-car garage. Conveniently located across from a school and close to shopping and transportation. Great opportunity for investors seeking a solid, income-producing property.

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Multi-Family Active

Price

$ 480,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,746

Style

Year Built

1960

Town/City

Blue Island

County/Region

Cook

MLS | Web ID

12590400
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Tenant's Rights
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1960
Township Worth
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 17
Status Active
Directions Western to 123rd west to Greenwood south(1 block) to Grunewald west to property.
City Blue Island
High School District 218
MLS Area Blue Island
Tax Annual Amount 9746
Standard Status Active
Middle/Junior School District 130
Elementary School District 130
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Interior
Basement None
Total Bedrooms 8
Total Baths 3
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 4800 SF
Waterfront Y/N N
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* Excluded Features
List By
Re/Max 1St Service

Broker

bmoreno.realtor@gmail.com

Email

Affordability Calculator

$3,768
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,955
Monthly Property Taxes
$812
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566202 Elementary School
565522 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/18/2026$480,000 Listed Price

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2523 Grunewald Street, Blue Island, IL, 60406 is a Multi-Family Home for sale at $480,000. 2523 Grunewald Street has 8 bedrooms, 3.0 baths, and was built in 1960. The property's zip code is 60406 which is in Blue Island, IL

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