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11 Nicholson Street

Joliet, IL 60435
  • $280,000
  • STATUS: Closed
  • ON SITE: 560 Days
  • MLS #: 11668913
Sold - 05/23/2023
$280,000
SOLD - 05/23/2023
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

MULTIPLE OFFERS RECEIVED! Two Joliet properties on the same tax PIN. Total of 7 Units and 2 vacant parcels included in the portfolio. Property has been decently maintained with only slight updates needed. Joliet's historic Cathedral District is one of the most desirable locations in the City of Joliet. 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

Sold by Chase Real Estate LLC.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2024-05-21T14:01:33.213 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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11 Nicholson Street Joliet, IL 60435

  • Price: $500,000
  • Status: Closed
  • On Site: 560 Days
  • Updated: 123 min ago
  • MLS #: 11668913
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Joliet
County:
Will
Area:
Joliet
Property Description
MULTIPLE OFFERS RECEIVED! Two Joliet properties on the same tax PIN. Total of 7 Units and 2 vacant parcels included in the portfolio. Property has been decently maintained with only slight updates needed. Joliet's historic Cathedral District is one of the most desirable locations in the City of Joliet. 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
Exterior Features

Exterior Building Type Vinyl Siding Frontage Type City Street Parking Total 9

Interior Features

Heat Ventilation Forced Air

Property Features

Additional Parcels YN Yes Approximate Age Older Built Before1978 YN Yes Current Use Multi-Family Financing Cash Gross Income 67200 Gross Scheduled Income 67200 Insurance Expense 3100 Maintenance Expense 4200 Mls Actual Status Closed Net Operating Income 39609 Operating Expense 27590 Ownership Types Corporation Possible Use Multi-Family Short Sale Not Applicable Tax Annual Amount 10637 Tax Year 2021 Tenant Pays Electricity Total Monthly Income 5600 Township Joliet Type Multi Family 5+ Zoning Multi

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Chase Real Estate LLC: 847-744-5003.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2024-05-21T14:01:33.213 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Angela Walker Homes Real Estate Group
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