$289,900
This 3-unit building is currently fully rented by long time tenants. Building is well maintained and cared for. Roof was replaced in 2019. The furnace was replaced in 2018. Expenses are relatively low and current owner does not rent the 3-car garage. This would add a potential $2700 or more to the annual net. A Type O Rental Registration Certificate issued by the City of Joliet is valid to 11/18/2027. This states the building was inspected and is in conformance of the International Property Maintenance Code in accordance with Section 8-152 of the Joliet Code of Ordinances and in conjunction with Rental Registration Certificate. Perfect building for a seasoned investor or a new investor. Good cash flow as building is listed below the average cap rate for area. Great Joliet location located a block from the historic Haley Mansion. Close to I-80 and downtown Joliet.
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108 Pleasant Street, Joliet, IL 60436 — Will County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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