Property for Sale: 1513 Essington, Joliet, IL 60435

$2,495,000
$2,495,000
1513 Essington, Joliet, IL 60435
$2,495,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Virtual Tour
Floor Plans
Price:
$2,495,000

Type Commercial
Year Built 2006

City Joliet
County Will

MLS 12195025
Status Active
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.

Virtual Tours for 1513 Essington Joliet, IL

Lot & Building Features

Construction Brick, Stone
Cooling Central Air
Tax Year 2022
Lot Dimensions 150 X 368.9 ft

Price History of 1513 Essington, Joliet, IL

Date Name Price Difference
12/31/1969 Listing Price $2,495,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Carol Molnar
Direct: 708-227-3388
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by eXp Realty, LLC, Valdy Biernacki
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

1513 Essington (MLS #12195025) is a commercial listing located in Joliet, IL. This property was listed on 10/23/2024 and has been priced for sale at $2,495,000.

Nearby zip codes are 60403, 60404, 60431, 60436 and 60586. This property neighbors other cities such as Crest Hill, Lockport, New Lenox, Plainfield and Shorewood.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: eXp Realty, LLC