Joliet, IL 60435,1513 Essington Road
Joliet, IL 60435,1513 Essington Road
Joliet, IL 60435,1513 Essington Road
Joliet, IL 60435,1513 Essington Road
Joliet, IL 60435,1513 Essington Road
Joliet, IL 60435,1513 Essington Road
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$ 2,495,000
Est. payment | /mo

11,842 SqFt


$ 2,495,000
Est. payment | /mo

11,842 SqFt

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 11,842 sqft

Price per Sqft $210

MLS Listing ID 12195025

Year Built 2006

Annual Tax Amount $42,160

Tax Year 2022

Lot Dimensions 150 X 368.9

Property Sub-Type Office/Tech

Property Description

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. 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.

Location

State IL

County Will

Interior

Cooling Central Air

Flooring Carpet, Vinyl

Fireplace N

Exterior

View Y/N true

Roof Type Composition

Building

Structure Type Brick,Stone

Others

Virtual Tour https://mandrillapp.com/track/click/30827721/domains.luxvt.com?p=eyJzIjoiQlRIMDdaSjF5ZnlxWkNVaVk4SDF4blgxQmQwIiwidiI6MSwicCI6IntcInVcIjozMDgyNzcyMSxcInZcIjoxLFwidXJsXCI6XCJodHRwOlxcXC9cXFwvZG9tYWlucy5sdXh2dC5jb21cXFwvbWxzXFxcLzIwNzUwN1wiLFwiaWRcIjpcImEyODVkOGU1Mjk4ZjQ1M2JhYWZiZTM1NmVhOTllZTc3XCIsXCJ1cmxfaWRzXCI6W1wiZDhmMDZhMzg0Nzk2ZGQ2MjYxNDFkYzYwNjg5YjEwMjU5ZjBmNTg4NlwiXX0ifQ

Listed by Valdy Biernacki • eXp Realty, LLC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(847) 909-0019

agnesw3@yahoo.com

1700 W Higgins Rd, Plaines, IL,, 60018

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1513 Essington Road