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    605 Morgan Street

    Joliet, IL 60436
    • $270,000
    • STATUS: Closed
    • ON SITE: 372 days
    • MLS #: 10798220
    Sold - 07/30/2021
    $270,000
    SOLD - 07/30/2021
    • 4
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Information

    Elementary School:
    School District:
    86

    Description

    A fantastic investment opportunity to purchase a turnkey 4-unit on the westside of Joliet in the St. Pat's neighborhood which is closely located near parks, schools, downtown and expressways. The 4 quaint 1 bd units have been updated and contain newer windows, newer roof, new doors and the property holds a 4 year rental inspection certificate. All units are occupied by long term tenants who pay the cooking gas and electric. The property has a 4 car garage rented as an extra income producing investment.

    Sold by Re/Max Ultimate Professionals.

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    © 2021 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 John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-05T10:51:54.19 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.

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    605 Morgan Street Joliet, IL 60436

    • Price: $289,000
    • Status: Closed
    • Updated: 57 min ago
    • MLS #: 10798220
    4
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Joliet
    County:
    Will
    Area:
    Joliet
    Elementary School:
    Pershing Elementary School
    Middle School:
    Dirksen Junior High School
    High School:
    Joliet Central High School
    School District:
    86
    Property Description
    A fantastic investment opportunity to purchase a turnkey 4-unit on the westside of Joliet in the St. Pat's neighborhood which is closely located near parks, schools, downtown and expressways. The 4 quaint 1 bd units have been updated and contain newer windows, newer roof, new doors and the property holds a 4 year rental inspection certificate. All units are occupied by long term tenants who pay the cooking gas and electric. The property has a 4 car garage rented as an extra income producing investment.
    Exterior Features

    Exterior Building Type Aluminum Siding Foundation Details Stone Garage On Site Yes Garage Ownership Owned Garage Type Detached Number Of Cars 8 Parking GarageSpace/S Parking Features Assigned Parking On Site Yes Parking Ownership N/A Parking Total 2 Unit1 Floor Level 1 Unit2 Floor Level 1 Unit3 Floor Level 2 Unit4 Floor Level 2 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building No Appliances Features Unit1 StoveRefrigerator Appliances Features Unit2 StoveRefrigerator Appliances Features Unit3 StoveRefrigerator Appliances Features Unit4 StoveRefrigerator Basement None Basement Bathrooms YN No Basement Description None Bathrooms Total Integer 4 Bedrooms Below Grade 0 Bedrooms Possible 4 Full Baths In Building 4 Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Full Baths In Unit4 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Half Baths In Unit4 0 Heating Natural Gas Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 1 Number Of Bedrooms Unit4 1 Number Of Rooms Unit1 4 Number Of Rooms Unit2 4 Number Of Rooms Unit3 4 Number Of Rooms Unit4 4 Other Equipment Water-Softener OwnedTv-CableCo DetectorsCeiling Fan(S) Rooms Total 16

    Property Features

    Age Description 26-30 Years Built Before1978 YN Yes Corporate Limits Joliet Fuel Expense 1500 General Information Commuter Bus Gross Income 33840 Insurance Expense 2740 Lease Exp Date Mo Yr Unit1 Mtm Lease Exp Date Mo Yr Unit2 Mtm Lease Exp Date Mo Yr Unit3 Mtm Lease Exp Date Mo Yr Unit4 Mtm Lot Size Less Than .25 Acre Lot Size Dimensions 65X100 Net Operating Income 26685 New Construction YN No Property Sub Type 4 Flat Rebuilt YN No Rehab Year 2021 Rehab YN Yes Security Deposit Unit1 0 Security Deposit Unit2 0 Security Deposit Unit3 0 Security Deposit Unit4 0 Sewer Public Sewer Short Sale Not Applicable Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 3749 Tax Year 2019 Tenant Pays Unit1 ElectricGas Tenant Pays Unit2 ElectricGas Tenant Pays Unit3 ElectricGas Tenant Pays Unit4 ElectricGas Unit1 Rent 650 Unit2 Rent 650 Unit3 Rent 650 Unit4 Rent 650 Water Sewer Expense 2000 Water Source Public Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Prello Realty, Inc..


    © 2021 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 John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-05T10:51:54.19 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
     
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