Joliet, IL 60435 112-114 N Center Street
$1,210,000
27 more
Presented By: Citypoint Illinois LLC
Beds • 13
Home Details
INVESTOR ALERT! Fantastic investment opportunity in Joliet IL, a solid 8-unit brick building in the heart of Joliet offering strong rental income and future upside. Property features a mix of one- and two-bedroom apartments, well-maintained common areas, street parking, and recent updates including roof and mechanicals. Tenants enjoy convenient access to highways, shopping, schools, and public transportation. Consistently rented with room for value-add improvements to maximize returns. A great addition to any investor's portfolio-schedule your showing today!
Presented By: Citypoint Illinois LLC
Interior Features for 112-114 N Center Street
Other Interior Features
BasementFinished
General for 112-114 N Center Street
Additional Parcels Y/NYes
Cap Rate6.97
CityJoliet
Construction MaterialsBrick
CoolingZoned
CountyWill
Current UseMulti-Family
DirectionsDepart I-55 South. Take exit 253 for US-30/Plainfield Rd toward Joliet. Keep following signs toward Joliet/US-30 E. Continue on US-30 E/Plainfield Rd about 7 miles into downtown Joliet. Turn left ont
Electric Expense833
Fuel Expense650
Gross Income122760
Insurance Expense5687
Lot Size Square Feet6969
MLS AreaJoliet
MaintenanceExpense6249
Net Operating Income84329
Number Of Units Total8
Operating Expense38431
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount13099
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat, Sewer
Trash Expense2770
Water Sewer Expense592
Year Built1937
ZoningMULTI
Exterior for 112-114 N Center Street
Lot Dimensions116x60
Additional Details
Price History
