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DAM6220

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Multiple Family Home in Joliet, Illinois

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Joliet, IL 60433

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12 Bed, 12 Bath
Multiple Family Home
12000 sq. ft. ($74 per sq. ft.)
Listing ID: DAM6220

$899,000

$4,027 per month*

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Property Highlights

Single story
Built in 1958
Property is on 1.2 acres
Views of neighborhood and park
Baseboard heating system
Wall Unit cooling system
City provided sewer/wastewater
Has a fireplace
11 parking spaces reserved/uncovered
Has a basement
Swimming pool
Has an attic
In the Ingalls Park neighborhood
$14,000 estimated taxes (yearly)
Home Comparable Report available.

Property Description

Investment Opportunity

Excellent Mix of Townhomes and 1 & 2 Bedroom Units
7.72% Cap Rate
Tenant Paid Utilities
Located 30 Minutes Southwest of Downtown Chicago
Joliet Area ( In Top Five Fastest Growth Cities In Nation )
Easily Accessible to I-80 and I-355
Private Court Yard with in ground Heated Swimming Pool

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* Est. payment based on 20% down and a 30-year fixed rate of 5.375%

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January 14, 2010

More power to home sellers?

Sellers seem to be holding their price a little better this month according to a new report on CNBC. Is this the beginning of a trend of price support in some major markets? Let's look at the numbers....

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