Blue Station Apartments

2130 122nd St, Blue Island, IL 60406

Property Information

  • For Sale $24,500,000
  • Property Type Multi-Family
  • Property Size 169,641 SF
  • Units 343
  • Lot Size 0.09 Acre
  • Year Built 1954
  • Date Updated May 15, 2026

Description

Blue Station Apartments is an exceptionally well-maintained 345-unit multifamily community in Blue Island, Illinois, offering a mix of studio, one, and two-bedroom apartments. The community has benefited from over $3.1 million in capital improvements over the past four years and is offered at an attractive basis with immediate yield. The property is located steps from the Metra train station and public transportation, providing convenient access to downtown Chicago in approximately 30 minutes. With practical floor plans featuring open kitchens, spacious bedrooms, and on-site laundry facilities, Blue Station Apartments offers immediate scale within the Chicagoland market and is well positioned among nearby shopping and residential neighborhoods.

Highlights

  • Attractive Basis with Immediate Yield
  • Immediate Scale into High Tenant Demand Market
  • Over $3.1M in Capital Improvements in Last 4 Years
  • Well-Maintained Asset with Strong Historical Occupancy

Contacts

Lee Kiser

Kiser Group

Location

Contact Listing Broker
Lee Kiser

Kiser Group

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