INVESTORS Immediate cash flow. 3 BR 1 BA, 1.5 CG with attached Florida room and full basement on Joliet's in-demand West Side. Stable long term tenants with verified on-time payments since 2017. Currently paying $1825, lease ends 4-30-27. Investor leaving SF space presents excellent opportunity to expand holdings or begin real estate journey with turnkey, easy-to-manage cash flowing asset with under-market rent and under-market price. Tenant pays all utilities and does lawn and snow removal. Owned and managed by licensed broker. Run your numbers, solid 7 cap rate at list price with higher possible at market rent. Recent sales $250k plus. Selling as-is. Tenants rights convey with sale.
| MLS # | 12712494 |
|---|---|
| Listing Type | For Sale |
| Style | Farm or Ranch |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 75 |
| Listing Provided By | Jameson Sotheby's International Realty | David Whitezel |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 850 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.15 |
| Rooms Total | 5 |
|---|---|
| Cooling | Central Air |
| Heating | Natural Gas |
| Appliances | Humidifier |
| Laundry Features | In Unit |
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Vinyl Siding |
| Parking Features | Concrete, Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 1 |
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 5439 |
| State | IL |
|---|---|
| County | Will |
| City | Joliet |
| Zip Code | 60435 |
| Area | Joliet |
| School District | Joliet Central High School |
| Elementary School | Taft Elementary School |
| High School | Joliet Central High School |
| Listing VS Median (in 60435) | |
Price: $225,000 low | high Med: $299,950 sqft: 850 low | high Med: 4,182 $ / sqft: $265 low | high Med: $150 On site: 75 low | high Med: 315.5 | |
| State | IL |
|---|---|
| County | Will |
| City | Joliet |
| Zip Code | 60435 |
| Area | Joliet |
| School District | Joliet Central High School |
| Elementary School | Taft Elementary School |
| High School | Joliet Central High School |
| Listing VS Median (in 60435) | |
Price: $225,000 low | high Med: $299,950 sqft: 850 low | high Med: 4,182 $ / sqft: $265 low | high Med: $150 On site: 75 low | high Med: 315.5 | |