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Key Details
Sold Price $280,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10830450
Sold Date 10/05/20
Bedrooms 8
Maintenance Fees $8,640
Year Built 1961
Annual Tax Amount $8,822
Tax Year 2019
Lot Size 9,147 Sqft
Lot Dimensions 58X149
Property Sub-Type Two to Four Units
Property Description
11% CAP RATE!! Wonderful Investment Opportunity in Joliet's St. Pats Area! Building can produce close to $60k in cashflow per year! Recently Renewed 2 Story Townhouse style units in this beautiful brick 4 flat. (Each unit has 2 Bedrooms) Parking in rear for 8 cars. Tenants pay all utilities. All new custom kitchens w/ modern Shaker White Cabinets, Granite Counter Tops and New Appliances. The first floor in every unit has been designed with durable ceramic tile and semi-gloss white walls. The Two spacious bedrooms upstairs offer ample storage space and new carpet. All bathrooms have been completely remodeled with new tile, tub, and vanity. All new paint through out. Updated electrical and plumbing. NeW water heaters and radiant heat baseboards in each unit. Each unit has laundry hook ups. Professionally landscaped. 2 car detached garage with new roof, siding soffits and fascia comes with extra large parking lot. Great location. Near I80 and walking distance to the train. See Pro-forma and Financials in Additional Info. This property is being sold AS-IS.
Location
State IL
County Will
Area Joliet
Rooms
Basement Crawl Space
Interior
Heating Natural Gas, Radiant
Equipment CO Detectors, Sump Pump, Multiple Water Heaters
Fireplace N
Exterior
Garage Spaces 2.0
Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Flat
Building
Lot Description Landscaped, Wooded
Building Description Vinyl Siding,Brick, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Brick
New Construction false
Schools
High Schools Joliet Central High School
School District 86 , 86, 204
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Lindsey Hazdra of EXP Realty
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Owner | License ID: 471019341