116 Davison Street, JOLIET IL 60433 Photo 1 116 Davison Street, JOLIET IL 60433 Photo 2 116 Davison Street, JOLIET IL 60433 Photo 3
Listing Courtesy of Coldwell Banker Residential

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116 Davison Street - REDUCED PRICE!! Investors! Positive Cash Flow! See NOI ~ Fully leased 5-unit building ~ Four-1 bedroom units and One-3 bedroom/2 story unit. All updated with a 2 car attached garage which can also generate additional income. Don't miss this opportunity!

Listing information

  • MLS® ID: 09112609
  • Status: Active
  • New Construction: No
  • Lot Size: 50 X 133
  • Subdivision: Ingalls Park
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Estimated Annual Taxes: $6,175
  • Year Built: 1966
  • Parking Type Description: Private 10 cars
  • Lot Area: 0.16
  • County: Will

Features

Air Conditioning Central Air, Window Unit/s
Approximate Age 36-50 Years
Basement Description Partially Finished
Built Before 1978 (Y/N) Yes
Construction Wood Frame
Current Use Legal Non Conforming, Residential-Multi-Family
Electrical Service Circuit Breakers
Exterior Building Type Aluminum Siding
Fire Protection Smoke or Fire Protectors
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Actual
Heat/Ventilation Central Heat/Indiv Controls
Information None
Misc Outside Balcony/ies
Other # Of Dishwashers - 1, # Of Disposals - 0, # Of Ranges - 5, # Of Refrigs - 5, # Of Units - 5, # Of Window/Ac - 4, Electricity Expense - 1720, Expense Year - 2015, Fuel Expense - 1470, Gross Rent Multiplier - 5.8, Gross Rental Income $ - 37500, Insurance Expense - 912, Janitor Expense - 0, Net Oper Income $ - 25470, Net Operating Income Year - 2015, Other Expenses - 0, Repairs-Decor Expense - 0, Scavenger Expense - 973, Tax Year - 2014, Total Annual Exp - 12030, Total Annual Income - 37500, Total Monthly Income - 3125, Township - Joliet, Water Expense - 780, Zoning Type - Multi
Outdoor Parking 6-12 Spaces, Lighted, Private Lot
Owners Assoc (Y/N) No
Ownership Type Sole Proprietor
Property Type Multi Family 5+
Roof Coverings Shingle Composition
Roof Structure Pitched
Sale Terms Conventional
Tenant Pays None
Type Multi-Family Corridor-Exterior Entrance
Unincorporated (Y/N) Yes
Utilities To Site Sanitary Sewer to Site, Water-Community
Washer/Dryer Lsd (Y/N) No
Listing Courtesy of Coldwell Banker Residential