12510 Vincennes Road Blue Island, IL $ 550,000
12510 Vincennes Road
$ 550,000
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12510 Vincennes Road

Blue Island, IL, 60406
$ 550,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 3,431

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Multi-Family Home for sale in Blue Island, IL

for $550,000 with 6 bedrooms. This home was built in 1968.

Fully occupied 6-unit investment property offering a strong 10+ cap rate. Prime transit-oriented location near Metra and I-57. Solid brick construction with mix of one-, two-, and three-bedroom units. Stable income with additional laundry revenue. Ideal turnkey asset for investors seeking immediate cash flow with long-term upside

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Multi-Family Contingent

Price

$ 550,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 22,758

Style

Multi-Family

Year Built

1968

Town/City

Blue Island

County/Region

Cook

MLS | Web ID

12484090

Features
General
Cooling Window Unit(s)
Zoning MULTI
Year Built 1968
Tenant Pays Electricity
Stories Count 2
Tax Year 2023
Current Use Multi-Family
Gross Income 98400
County Cook
Net Operating Income 58628
Operating Expense 36051
Insurance Expense 3600
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 0
Status Contingent
Directions From I-57 take Exit 353 for 127th St and head west. Continue on 127th St for approximately 1 mile then turn right (north) onto Vincennes Rd. Property will be on the right at 12510 Vincennes Rd.
City Blue Island
Number Of Units Total 6
MLS Area Blue Island
Tax Annual Amount 22758.9
Electric Expense 876
Fuel Expense 2976
Trash Expense 1620
Water Sewer Expense 1380
Additional Parcels Y/N N
Standard Status Active Under Contract
Cap Rate 10.6
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Exterior
Lot Dimensions 50x125
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* Excluded Features
List By
Brookline Real Estate Llc

Broker

WL@Brooklinellc.com

Email

Affordability Calculator

$5,328
Per Month
64%
36%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$1,897
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
9/30/2025$550,000 Listed Price

Map


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12510 Vincennes Road, Blue Island, IL, 60406 is a Multi-Family Home for sale at $550,000. 12510 Vincennes Road has 6 bedrooms, 0.0 baths, and was built in 1968. The property's zip code is 60406 which is in Blue Island, IL