13043 S Wood St — Sale in Blue Island, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Blue Island, IL 60406

Photos

13043 S Wood St — Sale in Blue Island, IL, photo 1 of 2
13043 S Wood St — Sale in Blue Island, IL, photo 2 of 2

Investment Figures

Cap rate
8.23%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap have been selected to exclusively market for sale a nine-unit multifamily property at 13043 Wood Street in Blue Island, Illinois. This investment offers an investor the opportunity to acquire a well-maintained asset from a long-term owner with significant upside in rents. Investment Highlights: • Flexicore Construction • Long-Term Owners • One Fully Renovated Two-Bedroom Unit • Balconies or Patios for Each Unit • Less than One Mile East of the Blue Island Metra Station

Market Context

This multifamily in Blue Island, IL is listed for sale. It is offered at an approximate 8.2% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Blue Island, IL — view the full market.

As of Q1 2026, the Chicago multifamily market showed average asking rents near $2018.50/unit/mo, and rents up 3.1% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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