Skip To Content

11 Nicholson Street

Joliet, IL 60435
  • $500,000
  • STATUS: Active Under Contract
  • ON SITE: 140 Days
  • MLS #: 11668913
Under Contract
UPDATED: 33 min ago
$500,000
  • 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

Monthly Payment Calculator



© 2023 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 Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2023-03-28T22:58:11.247 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
www.chicagocityliving.com/homes/134608341
Print Image

11 Nicholson Street Joliet, IL 60435

  • Price: $500,000
  • Status: Active Under Contract
  • On Site: 140 Days
  • Updated: 33 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 Contingency Financing Continue To Show Yes Current Use Multi-Family Gross Income 67200 Gross Scheduled Income 67200 Insurance Expense 3100 Maintenance Expense 4200 Mls Actual Status Contingent Net Operating Income 39609 Operating Expense 27590 Ownership Types Corporation Possible Use Multi-Family Tax Annual Amount 10637 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 5600 Township Joliet Type Multi Family 5+ Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Chase Real Estate Llc: 847-744-5003.


© 2023 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 Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2023-03-28T22:58:11.247 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
 
https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11668913-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11668913-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11668913-1.jpg
Logo
Leila Keene | Baird & Warner
2526 N Lincoln Ave
Chicago IL, 60642