$ 2,100,000
808 2nd AVE Joliet, IL 60433
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$ 2,100,000
Est. payment /mo
New
808 2nd AVE Joliet, IL 60433
1.05 Acres Lot
UPDATED:
11/20/2024 08:03 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12212445
Maintenance Fees $6,000
Year Built 1930
Annual Tax Amount $8,920
Tax Year 2023
Lot Size 1.050 Acres
Lot Dimensions 205X125
Property Description
8+ Cap Rate, Newer Copper Water Lines, Newer Electrical Panels, Electric Heat, 15 Garages. Pleased to present the exclusive opportunity to purchase the multi-family investment property located at 808 2nd Avenue in Joliet, Illinois. The two-story brick building contains twenty (20), 1-Bedroom/1-Bathroom units with 13,500 square feet of living area in 15,000 square feet of total area on a 0.49-acre parcel. The Property is situated along 2nd Avenue on the edge of a dense residential neighborhood. The Property is 1-mile from Downtown Joliet and 0.7-miles from the Lincoln Highway (US Route 30), the area's primary commercial corridor. The location offers convenient access to area employers, medical centers, municipal offices, grocers, restaurants, retail amenities, schools, and outdoor activities. 808 2nd Avenue is ideally positioned for commuters with quick and convenient access to public transportation including the Joliet Transportation Center with METRA service and the Pace bus line, as well as area highways including US Routes 6, 30, and 52, and Interstates 80 and 55. Joliet is a city in Will and Kendall counties and is the third largest city in Illinois. Joliet is located 30 miles southwest of the Chicago Loop and offers convenient access to the city via Interstates and Metra Trains.
Location
State IL
County Will
Area Joliet
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 2
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Anthony Spangler • Horvath & Tremblay IL, LLC