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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 1,200,000

Est. payment -/mo

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Active Under Contract

209 N Center ST Joliet, IL 60435

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12565687

Maintenance Fees $500

Year Built 1920

Annual Tax Amount $6,045

Tax Year 2024

Lot Dimensions 124 X 100

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Will

Area Joliet

Zoning COMMR

Rooms

Basement Unfinished

Interior

Fireplaces Number 7

Fireplace Y

Exterior

Utilities Available Water Available

Building

Dwelling Type Multi Family 5+

Sewer Storm Sewer

Water Municipal Water

Structure Type Brick

Listed by David Neven of Karges Realty

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA