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$541,000
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Property Description
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
Full Property Details
Full Property Details for 12510 Vincennes Rd
General
- Sold For: $541,000
- Taxes: $22,758 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12484090
- Added to Site: 109 day(s) ago
Location
- Area: Blue Island
- County: Cook
- Driving 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.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Hot Water, Baseboard
Structural Information
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1968
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 50 x 125
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $36,051
- Assessment Year: 1968
- Tax Amount: $22,758.9
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 25303080640000
Listed by Brookline Real Estate LLC
Sold by Concentric Realty, Inc
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Schools
Schools serving 12510 Vincennes Rd
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 | 0.2 mi |
Paul Revere Primary School 2300 123rd Place, Blue Island, IL 60406 | K-3 | 0.2 mi |
Veterans Memorial Middle School 12320 Greenwood Avenue, Blue Island, IL 60406 | 6-8 | 0.4 mi |
Dd Eisenhower High School (Campus) 12700 Sacramento Avenue, Blue Island, IL 60406 | 9-12 | 1 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 12510 Vincennes Rd
Date
Details
Price
Change
Source
12/19/2025
Sold
$541,000
-1.64%
MLS
9/30/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12510 Vincennes Road, Blue Island, IL 60406 (MLS# 12484090) is a Commercial property that was sold at $541,000 on December 19, 2025. Want to learn more about 12510 Vincennes Road? 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.

