Joliet, IL 60435 113 N Center Street
$400,000
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
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
ModificationTimestamp2025-09-30T16:05:01.707Z
Net Operating Income36492
Number Of Units Total5
Operating Expense17508
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
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
