Address
664 Landau Avenue, Joliet, IL
Price
$ 199,900
Property Attributes
  • MLS#12059109
  • TypeContingent
  • CountyWILL
  • CityJoliet
  • AreaJoliet
  • NeighborhoodMt. Carmel
  • Zip60432
  • Style
  • Year Built1914
  • Taxes$ 1730
  • Price$ 199,900
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms1
  • Lot Size0.16 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Discover the potential of this expansive 11,000 square foot building located in the heart of Joliet, IL. This versatile property presents a unique opportunity for savvy investors looking to capitalize on a prime piece of real estate that is brimming with possibilities. This building offers a significant amount of space in a centrally located area of Joliet, close to amenities, transportation, and vibrant community attractions. The flexible zoning allows for multiple uses, making it ideal for both residential and commercial applications. The property is in need of rehabilitation, providing a perfect blank canvas for your vision. Whether you plan to modernize the space into a multi-tenant rental property or transform it into a lavish single-family estate, the possibilities are endless. This property is perfect for investors seeking a project with substantial upside potential. The large footprint and flexible zoning provide the freedom to tailor the space to meet market demands and personal investment goals. The building can be converted into multiple rental units, offering steady income potential in a market with high rental demand, or it can be transformed into a grand, spacious home with ample room for luxurious living and entertaining. Additionally, a mixed-use development combining residential and commercial spaces can maximize return on investment. The location offers easy access to major highways such as I-80 and I-55, facilitating commutes to Chicago and surrounding areas. The property is also close to schools, parks, shopping centers, and dining options, enhancing its appeal for future tenants or homeowners. Joliet is a city on the rise with ongoing developments and a growing population, ensuring long-term value appreciation. Opportunities like this are rare. Whether you're an experienced investor or looking to enter the real estate market, this 11,000 square foot building in Joliet is a golden opportunity to create significant value. With the right vision and investment, this property can be transformed into a lucrative asset. Schedule a viewing today and explore the immense potential this property has to offer. Your next successful investment starts here!

Elementary School Middle School High School
Sator Sanchez School Elementary School Gompers Junior High School Joliet Central High School
Price History
5/22/2024 Listed $199,900

General Features

Sewer Public Sewer
Heating Steam
Possession Closing
Roof Asphalt
Year Built 1914
Township Joliet
Tax Year 2022
Percent Ownership Fee Simple
Community Features Sidewalks,Street Paved
County Will
New Construction No
Property Type Residential Income
Contingency Attorney/Inspection
Total Rooms 15
Status Contingent
Directions I-355 S,Exit 7 for IL-171/Archer Ave toward 143rd St,Left to Williamson Ave,Right to Henderson Ave,to Landau Ave.
High School Joliet Central High School
City Joliet
High School District 204
MLS Area Joliet
Waterfront Y/N No
Street Name Landau
Elementary School Sator Sanchez School
Tax Annual Amount 1730.88
Middle/Junior High School Gompers Junior High School
Virtual Tour https://my.matterport.com/show/?m=WvhANUVJBLj&brand=0
Days on Market 8
Standard Status Active Under Contract
Middle/Junior School District 86
Elementary School District 86
Property Type Two to Four Units

Interior Features

Basement None
Street Suffix Avenue
Total Bedrooms 6
Total Baths 5
Bedrooms Possible 6
Basement None
Full Baths Building 4
Half Baths Building 1
Total Number of Units 3

Exterior Features

Water Source Public
Foundation Details Concrete Perimeter
Lot Dimensions 49X152
Lot Size Acres 0.16
Exterior Brick

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 60432

Price
AVG $650K
$200K
Taxes
AVG $6,240
$1,730
Visits
AVG 164
147
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1914

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