12602 Artesian Avenue

• Significant Recent Capital Improvements Include: New Boiler (2024), Hot Water Heater (2023), Layer on Roof (2022), and Porches (2024)
• Fully Occupied Property in High Demand Suburban Rental Market
• Three (3) 3Bd/1Ba Units, One (1) 2Bd/1Ba Unit, and Seven (7) 1Bd/1Ba Units with the Opportunity to Convert More 1Bd Units Into 2Bd Units
• Fully Stabilized Turnkey Asset

Property Description

Essex Realty Group, Inc. has been exclusively engaged to market for sale of 12602 Artesian Avenue, a 11-unit apartment property located in the Cook County suburb of Blue Island. The building consists of (3) 3Bd/1Ba units, (1) 2Bd/1Ba units, and (7) 1Bd/1Ba units. 12602 Artesian has received extensive recent capital expenditures including a new boiler (2024), new hot water heater (2023), new courtyard porches (2024), newer windows and a layer on the roof (2022). The Subject Property is located 18 miles south of Downtown Chicago and 1 mile from the Blue Island Metra station. The Property's convenient location offers residents easy access to public transportation and nearby shops and restaurants. This investment offers the chance to acquire a well-maintained, stabilized asset with notable potential for increased returns in the future.