$220,000
$230,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
114 & 116 BAKER ST Joliet, IL 60433
5 Beds
7,840 Sqft Lot
Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Akins
MLS Listing ID 11530668
Sold Date 01/06/23
Style Traditional
Bedrooms 5
Year Built 1900
Annual Tax Amount $2,586
Tax Year 2021
Lot Size 7,840 Sqft
Lot Dimensions 59X133
Property Description
INVESTOR/OWNER OCCUPANT DREAM SIDE BY SIDE RENTED SINGLE FAMILY HOMES ON ONE PIN EXCEPTIONAL INVESTMENT LIVE IN ONE RENT OUT THE OTHER,114 BAKER IS APPROXIMATELY 1000 SQUARE FEET,116 BAKER IS APPROXIMATELY 2000 SQUARE FEET,BOTH HOMES HAVE BEEN EXTENSIVELY UPDATED LAST 9 YEARS FEATURING NEWER ARCHITECTURAL GRADE SHINGLE ROOFS HOMES & GARAGE 2016-REMODELED KITCHENS & BATHS-GAS FORCED HEAT-CENTRAL AIR IN 116 BAKER-NEW LOW E ARGON WINDOWS IN 116 BAKER-CERAMIC TILE & WOOD FLOORS BOTH HOMES,BOTH HOMES INCLUDE BASEMENTS & FRONT/REAR PORCHES,116 BAKER IS 3 BEDROOM 1&1/2 BATH 2 STORY HOME,114 BAKER IS 2 BEDROOM 1 BATH RANCH HOME,BOTH PROPERTIES HAVE BEEN IN JOLIET'S RENTAL PROGRAM SINCE 2001 AND ARE CURRENT,REINFORCED 3 CAR GARAGE WITH NEW OVERHEAD DOORS,NEW OVERSIZED GUTTERS & DOWNSPOUTS,FOUNDATIONS NEWLY TUCKPOINTED,PORCH/DECKS/TRIM NEWLY PAINTED,$2300 PER MONTH TOTAL INCOME FOR A VERY HEALTHY 11.5% CAP RATE,TENANTS PAY ALL UTILITIES & COMPLETE ALL REQUIRED LAWN CARE & SNOW REMOVAL.PROPERTY IS CORRECTLY ZONED R3.
Location
State IL
County Will
Area Joliet
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Deck, Porch, Cable Access
Garage Detached
Garage Spaces 3.0
Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved
Waterfront false
Roof Type Asphalt
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 86 , 86, 204
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Robert Gray • Real People Realty