Joliet, IL 60435 112-114 N Center Street

$1,210,000

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Presented By: Citypoint Illinois LLC
  • MLS# 12474848
  • 09/18/2025
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  • 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
ModificationTimestamp2025-09-25T05:07:21.577Z
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

Client Care

Price $1,210,000
MLS#12474848
List Date 09/18/2025
Property Type Multi-Family
Phone 847.485.2500
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