Address
20 E Cass Street, Joliet, IL
Price
$ 1,400,000
Property Attributes
  • MLS#11965799
  • TypeCommercial
  • CountyWILL
  • CityJoliet
  • AreaJoliet
  • Zip60432
  • Style
  • Year Built1900
  • Taxes$ 11064
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,784 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Pleased to present the opportunity to purchase this prime mixed-use investment property located at 20 E Cass Street in Joliet, Illinois. The three-story building contains eleven (11) units comprised of one (1) commercial unit, and ten (10), 2-Bedroom/1-Bathroom units with 18,018 square feet of gross area on a 0.18-acre parcel. The Property is situated along E Cass Street (US Route 30), the area's primary commercial corridor. The location is positioned in the heart of downtown Joliet and offers convenient access to area employers, municipal offices, grocers, restaurants, retail amenities, and outdoor activities. Each Apartment Unit has its own Electric Furnace, Tenants pay their own heat and electric bill. Landlord pays for water, garbage, gas for the laundry room, and common area electric. Multiple units have upgraded finishes, as well as the hallways of the building.

Price History
1/23/2024 Listed $1,400,000

General Features

Cooling Central Individual
Year Built 1900
Electric Separate Meters
Tenant Pays Air Conditioning,Electricity,Heat
Stories 3
Property SubType Apts/Stores
Tax Year 2022
Gross Income 139200
County Will
Insurance Expense 3800
Property Type Commercial Sale
Status Active
Directions From I-80,head north on IL-53,then turn left on Cass Ave,property is on the left hand side.
City Joliet
Total Units 11
MLS Area Joliet
Lot Size Square Feet 7784
Street Name Cass
Tax Annual Amount 11064
Electric Expense 1620
Fuel Expense 2400
Trash Expense 5064
Water Sewer Expense 5400
Additional Parcels Y/N No
Days on Market 6
Standard Status Active
Property Type Mixed Use
Total Actual Rent 2100

Interior Features

Street Suffix Street

Exterior Features

Lot Dimensions 220X290

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60432

Price
AVG $240K
$1.4M
Taxes
AVG $9,197
$11,064
Visits
AVG 171
83
Data Provided by Inside Real Estate®
Year Built
AVG 1935
1900

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