303 Stone StJoliet, IL 60435
For Sale
$1,600,000
8-Unit Multifamily, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- Fully rehabbed 8-unit brick apartment building in Joliet, IL, near downtown and the University of St. Francis.
- Excellent income-producing property with a 9.40% cap rate and $150,402 NOI.
- Asking price: $1,600,000.
- One 3-bedroom unit vacant in December for easy viewing; all units viewable with a contract.
- Year-to-date financials (January-November) available, with a December estimate.
- Includes insurance with construction coverage through April 2024; basement heating converted to gas for winter 2024-2025.
Property Details for 303 Stone St
- Property type
- Multifamily properties, Apartment buildings
- Year Renovated
- 2023
- Stories
- 2
- Units
- 8
Location Insight
- City
- Joliet
- County
- Will
- State
- Illinois
- Latitude
- 41.5344795
- Longitude
- -88.0896061
303 Stone St, Joliet, Illinois
Nearby Similar for Sale
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