1513 Essington Road, Joliet, IL, 60435

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$2,495,000
61 Days On Site

1513 Essington Road
Joliet, IL 60435

For Sale|Office|Active
0
Beds
0
Full Baths
0
Partial Baths
11,842
SqFt
$211
/SqFt
2006
Built
County:
Will
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty, LLC

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1513 Essington Road1513 Essington Road1513 Essington Road1513 Essington Road
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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. 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.

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Listing Snapshot
Price 
$2,495,000
Days On Site 
61 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,842 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2006
MLS® Number 
12195025
Status 
Active
Property Tax 
$42,160
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Number Of Stories 
1
Property Sub Type 
Office
SqFt Total 
11842
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
Flooring 
CarpetVinyl
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Exterior Features
Construction Details 
BrickStone
Roof 
Composition
Community Features
MLS Area 
Joliet
Township 
Joliet
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty, LLC



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
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