ATTENTION INVESTORS - Exceptional Investment Opportunity! Well-Maintained And Fully Rented 7-Unit Brick Apartment Building Featuring Seven Income-Producing Units, With Tenants Responsible For Their Own Electric And Cooking Gas. The Property Showcases Numerous New Windows, Several Updated Units, And Cozy Faux Fireplaces In Every Apartment. In Addition, The Property Includes A Stand-Alone Three-Bedroom Single-Family Home Located On The Same Lot, Providing Additional Income Potential. Offering A Strong Cap Rate, This Investment Also Features 12+ Rear Parking Spaces And Green Space For Tenant Enjoyment. Conveniently Located With Easy Access To I-80 And Close Proximity To Schools, Restaurants, Shopping, Downtown District, And Public Transportation. An Excellent Opportunity For Investors Seeking Stable Cash Flow And Long-Term Value.
| MLS # | 12565687 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1920 |
| Days On Site | 214 |
| Listing Provided By | Karges Realty | David Neven |
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Units | 8 |
| Zoning | COMMR |
| Fireplaces Total | 7 |
|---|
| Foundation Details | Block, Brick/Mortar, Stone |
|---|---|
| Construction Materials | Brick |
| Utilities | Water Available |
|---|---|
| Sewer | Storm Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 6045 |
| State | IL |
|---|---|
| County | Will |
| City | Joliet |
| Zip Code | 60435 |
| Area | Joliet |
| Listing VS Median (in 60435) | |
Price: $1,200,000 low | high Med: $305,000 On site: 214 low | high Med: 85 | |
| State | IL |
|---|---|
| County | Will |
| City | Joliet |
| Zip Code | 60435 |
| Area | Joliet |
| Listing VS Median (in 60435) | |
Price: $1,200,000 low | high Med: $305,000 On site: 214 low | high Med: 85 | |