Joliet, IL 60435 113 N Center Street
$375,000
9 more
Presented By: Coldwell Banker Real Estate Group
SQFT • 2,160
Home Details
Cash flow on day 1! Fully rented 5 studio apartment building near downtown Joliet and University of St. Francis. All 5 units updated within last 8 years and one brand new in 2024. Great turn-key investment with room for rents to grow! One unit can be shown to preapproved potential buyers; all units shown after contract accepted. Listing agent has small interest in property as previous manager.
Presented By: Coldwell Banker Real Estate Group
Interior Features for 113 N Center Street
Other Interior Features
BasementUnfinished
Total Fireplaces
General for 113 N Center Street
Additional Parcels Y/NNo
Cap Rate9.1
CityJoliet
ContingencyAttorney/Inspection
CoolingWindow Unit(s)
CountyWill
DirectionsCenter Street past Western to property
Electric Expense360
Fuel Expense1200
Gross Income54000
Insurance Expense5071
Lot Size Square Feet5466
MLS AreaJoliet
MaintenanceExpense
Net Operating Income36492
Number Of Units Total5
Operating Expense17508
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount7046
Tax Year2024
Tenant PaysAir Conditioning, Electricity
TownshipJoliet
Trash Expense0
Water Sewer Expense3831
Year Built1910
ZoningMULTI
Exterior for 113 N Center Street
Building Area Total2160
Lot Dimensions35X121X34X121
Lot Size Acres0.13
Additional Details
Price History
