8+ Cap Rate, Newer Copper Water Lines, Newer Electrical Panels, Electric Heat, 15 Garages. Pleased to present the exclusive opportunity to purchase the multi-family investment property located at 808 2nd Avenue in Joliet, Illinois. The two-story brick building contains twenty (20), 1-Bedroom/1-Bathroom units with 13,500 square feet of living area in 15,000 square feet of total area on a 0.49-acre parcel. The Property is situated along 2nd Avenue on the edge of a dense residential neighborhood. The Property is 1-mile from Downtown Joliet and 0.7-miles from the Lincoln Highway (US Route 30), the area's primary commercial corridor. The location offers convenient access to area employers, medical centers, municipal offices, grocers, restaurants, retail amenities, schools, and outdoor activities. 808 2nd Avenue is ideally positioned for commuters with quick and convenient access to public transportation including the Joliet Transportation Center with METRA service and the Pace bus line, as well as area highways including US Routes 6, 30, and 52, and Interstates 80 and 55. Joliet is a city in Will and Kendall counties and is the third largest city in Illinois. Joliet is located 30 miles southwest of the Chicago Loop and offers convenient access to the city via Interstates and Metra Trains.
Based on information submitted to the MLS GRID as of 11/29/2024 07:36 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
