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$199,900

664 Landau Avenue, Joliet, IL 60432
6 Beds5 Baths8 days
664 Landau Avenue·Joliet, IL 60432
6Bedrooms
5Bathrooms
1914Year Built
About This Home

Discover the potential of this expansive 11,000 square foot building located in the heart of Joliet, IL. This versatile property presents a unique opportunity for savvy investors looking to capitalize on a prime piece of real estate that is brimming with possibilities. This building offers a significant amount of space in a centrally located area of Joliet, close to amenities, transportation, and vibrant community attractions. The flexible zoning allows for multiple uses, making it ideal for both residential and commercial applications. The property is in need of rehabilitation, providing a perfect blank canvas for your vision. Whether you plan to modernize the space into a multi-tenant rental property or transform it into a lavish single-family estate, the possibilities are endless. This property is perfect for investors seeking a project with substantial upside potential. The large footprint and flexible zoning provide the freedom to tailor the space to meet market demands and personal investment goals. The building can be converted into multiple rental units, offering steady income potential in a market with high rental demand, or it can be transformed into a grand, spacious home with ample room for luxurious living and entertaining. Additionally, a mixed-use development combining residential and commercial spaces can maximize return on investment. The location offers easy access to major highways such as I-80 and I-55, facilitating commutes to Chicago and surrounding areas. The property is also close to schools, parks, shopping centers, and dining options, enhancing its appeal for future tenants or homeowners. Joliet is a city on the rise with ongoing developments and a growing population, ensuring long-term value appreciation. Opportunities like this are rare. Whether you're an experienced investor or looking to enter the real estate market, this 11,000 square foot building in Joliet is a golden opportunity to create significant value. With the right vision and investment, this property can be transformed into a lucrative asset. Schedule a viewing today and explore the immense potential this property has to offer. Your next successful investment starts here!

MLS# 12059109Listed May 22, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms5
Total Rooms15

Size & Structure

Year Built1914
Lot Size0.160 acres

Location

CountyWill
TownshipJoliet
Zip Code60432

Financial

List Price$199,900
Annual Taxes (2022)$1,731
Monthly Tax Est.$144
Parcel #3007102090070000
Interior Features

Heating

Steam

Basement

None
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
HOA & Community

Community Features

SidewalksStreet Paved
Schools
Elementary
Sator Sanchez School
District: 86
Middle School
Gompers Junior High School
District: 86
High School
Joliet Central High School
District: 204
Tax & Financial
Annual Taxes
$1,731
Tax Year 2022
Monthly Tax Est.
$144
per month
Property Location

664 Landau Avenue, Joliet, IL 60432Will County

$199,900
664 Landau Avenue
6 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
0.160 acres
$1,731/yr taxes
$1,195
estimated monthly payment
Principal & Interest
$1,051/mo
Property Tax
$144/mo
$199,900
20% — $39,980
3%50%
6.875%
3%12%
Loan Amount
$159,920
Down Payment
$39,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Redfin Corporation
Agent: Michael Odeh
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