May 13, 2025 – Anthony Spangler and Jacob Elgazar of Horvath & Tremblay have successfully completed the sale of a five unit multi-family property in Blue Island, Illinois. Horvath & Tremblay represented the seller to complete the transaction at a sale price of $360,000.
The property is located at 11902 Longwood Drive in Blue Island, Illinois. The three-story brick building contains five (5) residential units comprised of one (1), 2-Bedroom/1-Bathroom unit and four (4), 1-Bedroom/1-Bathroom units with 2,856 square feet of living area in 2,900 square feet of total area on a 0.08-acre parcel. The Property is situated at the intersection of Longwood Drive and W 119th Street, in the center of a dense residential neighborhood and down the street from Western Avenue, Blue Island’s primary North-South roadway and commercial corridor. The location offers convenient access to grocers, restaurants, retail amenities, and outdoor activities. 11902 Longwood Drive is ideally positioned for commuters with quick and convenient access to public transportation including Metra commuter rail service on the Rock Island District line, bus service on CTA and Pace bus lines, as well as Interstate 57. Blue Island is a city in the southern end of Cook County, 16 miles south of the Chicago Loop and offers convenient access to the city via Interstates and public transit.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.