Peotone, IL 60468 536 Schroeder Avenue
$775,000
17 more
Presented By: Coldwell Banker Real Estate Group
Beds • 12
Home Details
Outstanding opportunity to start or add to your investment portfolio! 6 unit building in the quiet and conveniently located town of Peotone. All units are 2 Bedroom and 1 Bath. Three of the units are fully remodeled featuring new kitchens, new bathrooms and new LVP flooring throughout. One unit has all new flooring. The building has a central boiler and one hot water tank. Complete tear off of the entire roof and structure 2023. Fully leased, great value and potential to add opportunity. There is a fully remodeled common laundry area for the tenants, and plenty of parking. The location offers residents quick and convenient access to I-57 and Route 50.
Presented By: Coldwell Banker Real Estate Group
General for 536 Schroeder Avenue
Additional Parcels Y/NYes
CityPeotone
CountyWill
Current UseCondominium
DirectionsSouth on I-57, left off highway onto Wilmington Rd, left on Schroeder, property is on the left.
Electric Expense2452
Fuel Expense3744
Gross Income84000
Insurance Expense2950
MLS AreaPeotone
MaintenanceExpense3244
Net Operating Income52077
Number Of Units Total6
Operating Expense31923
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount10232.64
Tax Year2024
Tenant PaysElectricity
TownshipPeotone
Trash Expense1244
Water Sewer Expense8074
Year Built1970
Exterior for 536 Schroeder Avenue
Lot Dimensions172X100
Lot Size Acres0.3
Additional Details
Price History
