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Listing provided courtesy of RE/MAX 10MREDas Distributed by MLSGrid- MLS# 12343930MLS Provider

12456 Fairview AvenueBlue Island, IL 60406

Commercial · 3 Beds
$545,000 Active

12456 Fairview Avenue Overview

Time on Site:
433 days
Visits:
4

Six-Unit Blue island multifamily located in a good rental area. The property consists of five 2-Br, one bath units and, One 1-Bedroom, 1-Bath unit. Fully rented. The building is located close to I-57 & I-294. parking lot with six parking spaces. Please reference 12452 Fairview owned by the same seller. Rent roll / expenses due on request.

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12456 Fairview Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 600
  • Fuel Expense: 4200
  • Gross Income: 77064
  • Gross Scheduled Income: 77064
  • Insurance Expense: 4300
  • Maintenance Expense: 2800
  • Net Operating Income: 36900
  • Operating Expense: 37764
  • Trash Expense: 1200
  • Water Sewer Expense: 4100

Building Information

  • Year Built: 1963

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Blue Island

Tax Information

  • Tax Annual Amount: $17,764.00
  • Tax Year: 2023

General Information

  • Parcel Number: 24254080310000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 49 X 153

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 5

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

12456 Fairview Avenue Neighborhood

Community

60406 (BLUE ISLAND) Demographics

34
Median Age
4,570
Population Density (per sq. mile)
25%
College Educated
$49,722
Estimated Median Income
4,309
Estimated Total Home Owners
4,328
Estimated Total Renters
50% / 50%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12456 Fairview Avenue Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12456 Fairview Avenue Market Data

Based on the last 30 days in this zip code

$235,316
Average List Price
$151
Average Price per Square Foot
10
Properties Sold
65
Average Days on Market
40
Properties for Sale
Calculations provided by Reliance Network

12456 Fairview Avenue History

Date Event Value Agent
4/30/2025Source: MRED Status Change
Active
4/25/2025Source: MRED Price Reduction
$545,000 -8.4%
4/25/2025Source: MRED Status Change
Price Change
4/22/2025Source: MRED Added to Database
April 22, 2025