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$699,000
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Property Description
Nestled in quiet neighborhood section of Blue Island. This 6-unit building features four 2 Bedroom apartments and two 1-bedroom apartments. Building is very well maintained and cared for. Secure front entry leads to common hallway to each apartment which each tenant would grant access to visitor. Each unit has their own electric panel with circuit breakers and thermostat as well as kitchen appliances (stove & refrigerator) and air conditioners. There is a common laundry room on the ground floor with coin operated washer & dryer. Laundry room was updated in 2024 with new floors. There are also 6 separate storage lockers for each tenant. Building has hot water heat. The hot water heater was installed in 2021. The roof is new as it was installed in 2023. Four apartments have some updated features such as newer vanities, countertop and other improvements. There is parking in the rear of building for 6 cars as well as a side drive that can accommodate additional parking if needed. A large storage shed is in back for storage of maintenance equipment or common storage and a small makeshift patio for tenants to enjoy outdoor space or can also be converted to additional parking. This is a great investment opportunity to purchase a fully rented apartment building with long term tenants in a well taken care of structurally sound building. Whether you are a new or seasoned investor, this can be a perfect fit to your real estate portfolio.
Full Property Details
Full Property Details for 2836 Minnesota Ave
General
- Price: $699,000
- Taxes: $19,059 (2022)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12690905
- Updated: 7/7/2026
- Added to Site: 42 day(s) ago
Interior
- Basement: None
- Interior Features: Inside Corridor(s), Storage Inside
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Blue Island
- County: Cook
- Driving Directions: Burr Oak Ave (127th St.) east of Kedzie to Francisco Ave. north to Minnesota Ave. east to building.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Heat/Individual Controls, Hot Water, Radiators
Utilities
- Trash: 855
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Stories/Levels: 3
- Square Feet: 6,227
- Current Bldg. Use: Multi-Family
- Year Built: 1972
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 7,493
- Lot Dimensions: 58 x 125
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $4,764
- Operating Expenses: $34,082
- Other Fee: $2,880
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1972
- Tax Amount: $19,059
- Tax Year: 2022
- Tenant Pays: Electricity
- Pays Electric: 798
- Pays Trash: 855
Disclosures and Reports
- Property ID: 24253080350000
Listed by United Real Estate - Chicago
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Schools
Schools serving 2836 Minnesota Ave
School Districts:Cook County School District 130, Community High School District 218
| Name | Grades | Distance |
|---|---|---|
George Washington Elementary School, Alsip, IL 12545 South Homan Avenue, Alsip, IL 60803 | K-5 | 0.6 mi |
Veterans Memorial Middle School 12320 Greenwood Avenue, Blue Island, IL 60406 | 6-8 | 0.6 mi |
Dd Eisenhower High School (Campus) 12700 Sacramento Avenue, Blue Island, IL 60406 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2836 Minnesota Ave
Date
Details
Price
Change
Source
7/01/2026
Listed
$699,000
33.14%
MLS
7/14/2025
Sold
$525,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2836 Minnesota Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,397
—
$48,001
—
2023
$17,397
-9%
$47,999
11%
2022
$19,060
6%
$43,339
—
2021
$18,016
2%
$43,339
—
2020
$17,622
23%
$43,339
23%
2019
$14,308
5%
$35,184
—
2018
$13,672
-1%
$35,184
—
2017
$13,871
29%
$35,184
35%
2016
$10,747
3%
$26,028
—
2015
$10,400
2%
$26,028
—
2014
$10,226
-18%
$26,028
-22%
2013
$12,509
4%
$33,564
—
2012
$12,067
—
$33,564
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2836 Minnesota Ave
2836 Minnesota Avenue, Blue Island, IL 60406 (MLS# 12690905) is a Commercial property. 2836 Minnesota Avenue is currently listed for $699,000 and was received on July 01, 2026. Want to learn more about 2836 Minnesota 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.

