Brian Thomas
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
GREAT INVESTMENT OPPORTUNITY! This 2-unit property offers two bedrooms and one full bath in each unit, making it an excellent option for an investor or owner-occupant looking to live in one unit while generating rental income from the other. Both current tenants have indicated they would like to remain. Current scheduled rents total $1,850 per month, with Unit 1 currently renting for $800/month and Unit 2 for $1,050/month. Separate gas and electric utilities. Full unfinished basement with shared washer and dryer. Recent improvements include renovation of Unit 2 in March 2020, Unit 2 stove replaced in 2021, Unit 2 furnace and central air replaced in May 2024, front stairs/deck replaced in 2025, washing machine replaced in 2025, dryer replaced in 2021, and water heater replaced within approximately the last five years. Situated on a 60' x 124' lot with a fenced backyard, long side drive and approximately six off-street parking spaces. Convenient Joliet location near I-80, restaurants, schools, shopping and area amenities. Property offers excellent investment potential and an opportunity for a new owner to make additional improvements and updates over time. Property is being sold AS-IS. (Photos have been digitally rendered to remove personal belongings)
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 4
Bathrooms: 3
County: Will
Listed By:
Michelle Sather Realtor
630-247-8428
MRED MLS
MLS ID: 12749669
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813 Richmond Street , Joliet, IL 60435.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $199,900 | $199,900 | $199,900 |
| Down Payment | $39,980 | $6,997 | $49,975 |
| Monthly Mortgage Amount | $1,011 | $1,241 | $1,255 |
| Taxes | $278 | $278 | $278 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $88 | $0 |
| Monthly Estimated Total | $1,389 | $1,707 | $1,633 |
Brian Thomas
REALTOR®
Cell: (563) 495-1741
licensed in IA & IL
Clinton Office
301 North Second Street
Clinton, IA 52732
(563) 242-4602
Clinton, IA 52732
(563) 242-4602
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