12438 Fairview Avenue Blue Island, IL $ 575,000
12438 Fairview Avenue
$ 575,000
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12438 Fairview Avenue

Blue Island, IL, 60406
$ 575,000
Bedrooms14 Baths0.0

Monthly Estimate*

$ 3,971

12438 Fairview Avenue, Blue Island, IL 60406 - Image 1
12438 Fairview Avenue, Blue Island, IL 60406 - Image 2
12438 Fairview Avenue, Blue Island, IL 60406 - Image 3
12438 Fairview Avenue, Blue Island, IL 60406 - Image 4
12438 Fairview Avenue, Blue Island, IL 60406 - Image 5
12438 Fairview Avenue, Blue Island, IL 60406 - Image 6
12438 Fairview Avenue, Blue Island, IL 60406 - Image 7
12438 Fairview Avenue, Blue Island, IL 60406 - Image 8

Multi-Family Home for sale in Blue Island, IL

for $575,000 with 14 bedrooms. This home was built in 1962.

Excellent Investment Opportunity | Income-Producing 6-Unit Multifamily Property Fantastic opportunity to own a well-maintained, income-producing 6-unit multifamily building in a convenient Blue Island location! Situated near shopping, dining, retail amenities, and major highways, this property offers excellent accessibility and strong investment potential. The building features 4 above-grade units and 2 spacious basement units, both offering large windows and plenty of natural light. Additional amenities include a dedicated laundry room in the basement and professional property management. With 5 currently occupied units and 1 vacant unit, this property provides immediate rental income with excellent potential for additional revenue. Offering a solid investment opportunity with plenty of upside, this property is ideal for investors looking to expand their portfolio with a well-established multifamily asset. Current rent rolls and a detailed Offering Memorandum are available upon request. Don't miss this excellent investment opportunity! Schedule your private showing today and discover everything this property has to offer!

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Multi-Family Active

Price

$ 575,000

Bedrooms

14

Property Type

Multi-Family

Taxes

$ 16,352

Style

Year Built

1962

Town/City

Blue Island

County/Region

Cook

MLS | Web ID

12791500

Features
General
Cooling Window Unit(s)
Year Built 1962
Electric Separate Meters
Tenant Pays Electricity
Stories Count 2
Tax Year 2025
Gross Income 97680
County Cook
Net Operating Income 59836
Operating Expense 16352
Insurance Expense 5052
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 1200
Status New
Directions 12438 Fairview Ave Blue Island IL 60406
City Blue Island
Number Of Units Total 6
MLS Area Blue Island
Tax Annual Amount 16352
Electric Expense 324
Fuel Expense 4716
Trash Expense 2400
Water Sewer Expense 5400
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions lESS than 2.5 ACRES
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* Excluded Features
List By
Era Naper Realty, Inc.

Broker

marecdiego2@gmail.com

Email

Affordability Calculator

$5,334
Per Month
74%
26%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$1,363
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$575,000 Listed Price

Map


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12438 Fairview Avenue, Blue Island, IL, 60406 is a Multi-Family Home for sale at $575,000. 12438 Fairview Avenue has 14 bedrooms, 0.0 baths, and was built in 1962. The property's zip code is 60406 which is in Blue Island, IL