209 N Center Street, Joliet, IL

$1,200,000

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About 209 N Center Street

ATTENTION INVESTORS - Exceptional Investment Opportunity! Well-Maintained And Fully Rented 7-Unit Brick Apartment Building Featuring Seven Income-Producing Units, With Tenants Responsible For Their Own Electric And Cooking Gas. The Property Showcases Numerous New Windows, Several Updated Units, And Cozy Faux Fireplaces In Every Apartment. In Addition, The Property Includes A Stand-Alone Three-Bedroom Single-Family Home Located On The Same Lot, Providing Additional Income Potential. Offering A Strong Cap Rate, This Investment Also Features 12+ Rear Parking Spaces And Green Space For Tenant Enjoyment. Conveniently Located With Easy Access To I-80 And Close Proximity To Schools, Restaurants, Shopping, Downtown District, And Public Transportation. An Excellent Opportunity For Investors Seeking Stable Cash Flow And Long-Term Value.

Features of 209 N Center Street

MLS® # 12565687
Price $1,200,000
Bathrooms 0.00
Year Built 1920
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 209 N Center Street
Area Joliet
City Joliet
County Will
State IL
Zip Code 60435

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace Yes
# of Fireplaces 7
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick
Foundation Block, Brick/Mortar, Stone

Additional Information

Days on Market 178
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKarges Realty

Listing Map

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