Address
506 Ruby Street, Joliet, IL
Price
$ 359,000
Property Attributes
  • MLS#12010963
  • TypeContingent
  • CountyWILL
  • CityJoliet
  • AreaJoliet
  • Zip60435
  • Style
  • Year Built1900
  • Taxes$ 6200
  • Price$ 359,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3700
  • Lot Size7,405 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Are you looking for a versatile commercial warehouse that is ready to propel your business to new heights? Look no further! This outstanding opportunity is knocking on your door! The commercial building was completely updated in 2008 including plumbing, electric, furnaces, bathrooms, and the front commercial retail offices. The retail office is 600 square feet featuring two offices and a bathroom, divisible for multiple tenants. Be amazed by the 3700 square feet of warehouse space, complete with 16-foot ceilings and mezzanine storage. Practicality meets convenience in this exceptional warehouse. Equipped with 200 Amp three phase electric, three raised loading docks and a 12 foot overhead door with opener. The property is wired for cable, phone & internet and has an alarm system. Enjoy off street and curbside parking, well lit even in the evening with three street lights. But wait, there's more! Included on the same tax pin is a charming residential single-family home, complete with 2 bedrooms, 1 bathroom, large living room, laundry room and a basement for approximately a total 1250 square feet. This home is updated with a recent new roof, Feldco windows, furnace and hot water heater. Opportunity awaits - schedule a private showing today!

Price History
3/22/2024 Listed $359,000

General Features

Cooling Central Air,Office Only
Possession Closing
Roof Rubber
Zoning INDUS
Year Built 1900
Electric Service - 201 to 600 Amps,Three Phase
Tenant Pays Electricity,Heat,Scavenger
Stories 2
Township Joliet
Property SubType Distribution Warehouse,Live/Work,Manufacturing / Warehousing,Other
Tax Year 2022
Gross Income 2800
County Will
Net Operating Income 25464
Operating Expense 7600
Property Type Commercial Sale
Contingency Attorney/Inspection
Status Contingent
Directions Route 53 (Broadway St) to Ruby St to 506 Ruby. 1 3/4 miles to the I-80 & Center St interchange - under 4 mil
City Joliet
Total Units 2
MLS Area Joliet
Lot Size Square Feet 6837
Street Name Ruby
Tax Annual Amount 6200
Additional Parcels Y/N No
Leasable Area 3700
Days on Market 28
Standard Status Active Under Contract
Property Type Industrial

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 3700
Lot Dimensions 129X53X129X54
Lot Size Acres 0.17

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 Contingent Average in 60435

Price
AVG $260K
$360K
Taxes
AVG $4,981
$6,200
Visits
AVG 73
20
Data Provided by Inside Real Estate®
Year Built
AVG 1959
1900

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