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$345,000
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Property Description
Solid All-Brick 6 Unit Building Offering A Prime Value-Add Opportunity With Strong Potential For Higher Market Rents, Making This A Profitable Investment. Only One Unit Vacant. Property Features One 2-Bedroom, 1-Bath Unit and Five 1-Bedroom, 1 Bath Units. Each Unit Includes A Range & Refrigerator. Recent Improvements Include New Roof (2014), Exterior Tuckpointing (2023), New Eaves and Gutter Guards (2020), and New Storm Doors (2023). Boiler Is Maintained Annually & in Good Condition. Four Units Have Been Renovated in The Last 5 Years. Tenants Pay For Electric. Common Laundry Room With Coin Operated Washer & Dryer Owned By The Sellers With Potential For Additional Income. Proforma Cap Rate With Market Rents in Place Is An Impressive 13%.
Full Property Details
Full Property Details for 12413 Maple Ave
General
- Sold For: $345,000
- Taxes: $12,458 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12443193
- Added to Site: 157 day(s) ago
Location
- Area: Blue Island
- County: Cook
- Driving Directions: 127th STREET/BURR OAK AVE. TO MAPLE AVE. NORTH TO THE ADDRESS. BUILDING ON THE RIGHT SIDE.
- Location Details: In City Limits
Heating & Cooling
- Heating Type: Hot Water
Utilities
- Onsite: Water Available
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Current Bldg. Use: Multi-Family
- Year Built: 1961
- Built Before 1978: Yes
Unit Information
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 7,500
- Lot Dimensions: 51 x 150
- Frontage: City Street, Public Road, Paved
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1961
- Tax Amount: $12,458
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 24254100360000
Listed by Village Realty, Inc.
Sold by Listing Leaders Northwest, Inc
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Schools
Schools serving 12413 Maple Ave
School Districts:Cook County School District 130, Community High School District 218
| Name | Grades | Distance |
|---|---|---|
Paul Revere Intermediate School 12331 Gregory Street, Blue Island, IL 60406 | 4-5 | 0.4 mi |
Paul Revere Primary School 2300 123rd Place, Blue Island, IL 60406 | K-3 | 0.4 mi |
Veterans Memorial Middle School 12320 Greenwood Avenue, Blue Island, IL 60406 | 6-8 | 0.1 mi |
Dd Eisenhower High School (Campus) 12700 Sacramento Avenue, Blue Island, IL 60406 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12413 Maple Ave
Date
Details
Price
Change
Source
9/19/2025
Sold
$345,000
1.5%
MLS
8/12/2025
Listed
$339,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12413 Maple Avenue, Blue Island, IL 60406 (MLS# 12443193) is a Commercial property that was sold at $345,000 on September 19, 2025. Want to learn more about 12413 Maple Avenue? Do you have questions about finding other Commercial real estate for sale in Blue Island? You can browse all Blue Island real estate or contact a Coldwell Banker agent to request more information.

