$2,495,000
Active
55 Days Online
0 Beds0 Baths11,842 SQFT
Active

1513 Essington Road Joliet, IL 60435

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Nestled in a prime location, this beautiful property boasts a total area of 11, 842 SF, comprising eight office units/condos. With four existing tenants, including three in the esteemed medical field, this property presents a promising investment opportunity. Each tenant is responsible for their utilities and insurance, with lease agreements structured to suit different needs - from modified gross to triple net leases. This diversified approach ensures stability and flexibility in income streams. With solid tenants in place, this investment offers an armchair opportunity with great returns. Originally designed for 8 units, the property was subdivided into only 4 tenants. However, this presents an incredible opportunity for maximizing income potential and future flexibility. Should any of the current tenants express interest in downsizing, there exists the possibility of reverting the property to its original 8-unit configuration. Not only would this unlock higher income potential, but it also opens the door to endless possibilities for growth and expansion. Don't miss out on this chance to secure a sound investment with solid tenants and promising growth potential. Contact us today to seize this opportunity and take your investment portfolio to new heights.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyWill
  • Taxes$42,160
  • HOA/Condo/Coop Fees$0
  • Days on Site54 Days
  • MLS StatusActive
  • MLS ID Number11996107
  • Home Size Source N/A
  • Year Built2006
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BrickStone
  • Electric Circuit Breakers
  • Number of Stories 1
  • Number Of Stories 1

Interior Features

  • Cooling Central Air
  • Flooring CarpetVinyl

Exterior Features

  • Roof Composition
  • Construction Details BrickStone

Community Features

  • Township Joliet
  • MLS Area Joliet

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Monthly Payment (Est.)

$12,121
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