1011 N Broadway Street

Joliet, Illinois 60435
Closed / MLS #11990483 / Multiple Unit (2-4) / Joliet
Listing information updated 4/19/2024 at 11:03am
Don't miss out on this exclusive chance to acquire a unique gem-a 4-unit rowhouse nestled in the heart of Joliet, IL, offering immense potential for value enhancement. Comprising two spacious 2-bedroom units and two cozy 1-bedroom units, this property presents a lucrative opportunity for savvy investors. With current rents well below the market rate, this investment promises substantial returns and long-term prosperity. Owned by IL Licensed RE Broker. Joliet's historic Cathedral District is one of the most desirable locations in the City of Joliet. The city maintains a diverse blue-collar work force with the local economy being propped up by 2 major casinos; Harrah's and the Hollywood Casino. Rental prices have been steadily increasing and vacancies have been reaching historic lows with the limited existing rental inventory available. Will County's relatively lenient tenant laws and lower property taxes have made it a hotbed for investors in the past few years with properties commanding cap rates hovering around the 6% mark.

Full Features

Exterior Type:
Vinyl Siding
Basement:
None
Beds Above Grade:
6
Heating System:
Natural Gas
Pool:
No
Age:
61-70 Years
Parking Type:
Space/s
Room Count:
22
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre

Taxes & Assessments

Tax Amount:
$6,903
Tax Year:
2022

Location

Zip Code:
60435
City:
Joliet
County:
Will

Schools

School District(s):
86
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Citypoint Illinois LLC

Listing Office Phone: 847.744.5003

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/19/2024 at 11:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Map of 1011 N Broadway Street, Joliet, IL 60435

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1011 N Broadway Street is a multiple unit (2-4) which sold for $372,500. 1011 N Broadway Street features 6 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since February 27th, 2024 and was built in 1959.