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

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116 Davison Street - Investors! Positive Cash Flow! See NOI ~ Fully leased 4-unit building ~ Two-1 bedroom/1-story units and One 2bedroom 2nd floor and One-3 bedroom/2 story unit with basement. All semi-updated with a 2-car attached garage which can also generate additional income. Don't miss this opportunity! You could also possibly live in 1 unit and lease the other 3 units! New electric panel and new wiring throughout main house and garage. Conventional financing!

Listing information

  • MLS® ID: 09736738
  • Beds: 6
  • Stories: 0
  • Foreclosure: No
  • Estimated Annual Taxes: $6,417
  • Style: Multi-Family
  • Status: Active
  • Parking Type Description: Attached 2 cars
  • Lot Area: 0.16
  • County: Will
  • Year Built: 1966
  • Total Rooms: 19
  • New Construction: No
  • Lot Size: 50' X 133'
  • Subdivision: Ingalls Park

Features

Age 51-60 Years
Appliances/Features Unit 1 Refrigerator, Stove, Window Air Conditioner
Appliances/Features Unit 2 Refrigerator, Stove, Window Air Conditioner
Appliances/Features Unit 3 Central Air Conditioner, Refrigerator, Stove
Appliances/Features Unit 4 Central Air Conditioner, Refrigerator, Stove
Area Joliet
Area Amenities Curbs/Gutters, Street Lights
Basement Partial
Basement Bathrooms (Y/N) No
Basement Description Partially Finished
Built Before 1978 (Y/N) Yes
Exterior Building Type Aluminum Siding, Frame
Foundation Concrete
Garage Details None/NA
Garage On-Site Yes
Garage Ownership Owned
Garage Type Attached
General Information Commuter Bus, Commuter Train, Interstate Access, School Bus Service
Heat/Fuel Gas
Is Parking Included in Price Yes
Lot Description Legal Non-Conforming
Lot Size Less Than .25 Acre
Other # Full Baths in Building - 4, # Full Baths-Unit 1 - 1, # Full Baths-Unit 2 - 1, # Full Baths-Unit 3 - 2, # Full Baths-Unit 4 - 2, # Half Baths in Building - 0, # Half Baths-Unit 1 - 0, # Half Baths-Unit 2 - 0, # Half Baths-Unit 3 - 0, # Half Baths-Unit 4 - 0, # Of Bdrms - Unit 1 - 1, # Of Bdrms - Unit 2 - 1, # Of Bdrms - Unit 3 - 2, # Of Bdrms - Unit 4 - 3, # Of Rooms - Unit 1 - 3, # Of Rooms - Unit 2 - 3, # Of Rooms - Unit 3 - 6, # Of Rooms - Unit 4 - 5, Bedrooms (Below Grade) - 0, Floor # - Unit 1 - 1, Floor # - Unit 2 - 1, Floor # - Unit 3 - 2, Floor # - Unit 4 - 2, Gross Expenses $ - 12030, Gross Rental Income $ - 38100, Net Oper Income $ - 26070, Special Service Area - N, Tax Year - 2016, Total # Units in Building - 4, Total Full/Half Baths - 4, Township - Joliet, Zoning Type - Multi
Other Addl Income Garage/s
Ownership Fee Simple
Parking Garage, Space/s
Parking Details Driveway, Unassigned
Parking On-Site Yes
Parking Ownership Owned
Possession Closing, Negotiable, Tenant's Rights
Property Type Two to Four Units
Recent Rehab (Y/N) No
Roof Type Asphalt/Glass (Shingles)
Sale Terms Conventional
Sewer Sewer-Public
Special Assessments N
Tax Exemptions None
Tenant Pays - Unit 1 None
Tenant Pays - Unit 2 None
Tenant Pays - Unit 3 None
Tenant Pays - Unit 4 None
Type-Multi 1 Story Unit/s, 2 Story Unit/s, Converted Residence
Virtual Tour None
Water Well-Community
Waterfront (Y/N) No
Listing Courtesy of Coldwell Banker Residential