1953 Elgin Avenue, JOLIET IL 60432 Photo 1 1953 Elgin Avenue, JOLIET IL 60432 Photo 2 1953 Elgin Avenue, JOLIET IL 60432 Photo 3 1953 Elgin Avenue, JOLIET IL 60432 Photo 4 1953 Elgin Avenue, JOLIET IL 60432 Photo 5 1953 Elgin Avenue, JOLIET IL 60432 Photo 6 1953 Elgin Avenue, JOLIET IL 60432 Photo 7 1953 Elgin Avenue, JOLIET IL 60432 Photo 8 1953 Elgin Avenue, JOLIET IL 60432 Photo 9 1953 Elgin Avenue, JOLIET IL 60432 Photo 10 1953 Elgin Avenue, JOLIET IL 60432 Photo 11 1953 Elgin Avenue, JOLIET IL 60432 Photo 12
Listing Courtesy of Wilk Real Estate

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1953 Elgin Avenue - INVESTORS DREAM HOUSE!!! THIS 2 UNIT PROPERTY PROVIDES A WHOPPING 16% CAP RATE. THE 2 UNITS GENERATE $1,700 PER MONTH AND BEST OF ALL, THE MAIN UNIT IS SECTION 8 APPROVED. 2016 Both UNITS WERE REHABBED. 2011 BOTH UNITS HAD COMPLETE TEAR OFFS AND NEW ROOFS INSTALLED, 2011 BOTH UNITS HAD NEW FURNACES INSTALLED, 2011 NEW FLOORS, CARPET, SIDING AND GUTTERS WERE INSTALLED ON BOTH UNITS. 2015 A NEW SHOWER/TUB ENCLOSURE WAS INSTALLED IN THE MAIN UNIT. CALCULATE THE NUMBERS AND BRING AN OFFER TODAY, THIS PROPERTY IS PRICED TO SELL QUICK.

Listing information

  • MLS® ID: 09400495
  • Beds: 4
  • Stories: 0
  • Foreclosure: No
  • Estimated Annual Taxes: $3,090
  • Style: Multi-Family
  • Status: Active with Contingency
  • Parking Type Description: None 0 cars
  • Lot Area: 0.35
  • County: Will
  • Year Built: 1967
  • Total Rooms: 8
  • New Construction: No
  • Lot Size: 120X125

Features

Additional Rooms Loft
Age 41-50 Years
Appliances/Features Unit 1 Dishwasher, Fireplace-Wood, Microwave, Refrigerator, Stove
Appliances/Features Unit 2 Refrigerator, Stove
Area Joliet
Basement Partial
Basement Description Unfinished
Built Before 1978 (Y/N) Yes
Contingency Flag Attorney/Inspection
Exterior Building Type Vinyl Siding
Exterior Property Features Porch
Foundation Concrete
General Information None
Heat/Fuel Forced Air, Gas
Is Parking Included in Price Yes
Lot Description Corner, Fenced Yard
Lot Size .25-.49 Acre
Other # Full Baths in Building - 2, # Full Baths-Unit 1 - 1, # Full Baths-Unit 2 - 1, # Half Baths in Building - 0, # Half Baths-Unit 1 - 0, # Half Baths-Unit 2 - 0, # Of Bdrms - Unit 1 - 3, # Of Bdrms - Unit 2 - 1, # Of Rooms - Unit 1 - 6, # Of Rooms - Unit 2 - 2, Bedrooms (Below Grade) - 0, Floor # - Unit 1 - 1, Floor # - Unit 2 - 1, Gross Expenses $ - 4630, Gross Rental Income $ - 15470, Special Service Area - N, Tax Year - 2014, Total # Units in Building - 2, Total Full/Half Baths - 0, Township - Joliet, Zoning Type - Singl
Ownership Fee Simple
Parking Space/s
Parking Details Driveway
Parking On-Site Yes
Parking Ownership Owned
Possession Negotiable
Property Type Two to Four Units
Recent Rehab (Y/N) Yes
Roof Type Asphalt/Glass (Shingles)
Sale Terms Conventional, FHA
Sewer Sewer-Public, Sewer-Storm
Special Assessments N
Style Of House Ranch
Tax Exemptions None
Tenant Pays - Unit 1 Electric, Gas, Heat, Scavenger, Water
Tenant Pays - Unit 2 Electric, Gas, Heat, Scavenger, Water
Type-Multi 1 Story Unit/s
Virtual Tour None
Water Well-Private
Waterfront (Y/N) No
Listing Courtesy of Wilk Real Estate