Address
423 N Chicago Street, Joliet, IL
Price
$ 599,500
Property Attributes
- MLS#11999736
- TypeContingent
- CountyWILL
- CityJoliet
- AreaJoliet
- NeighborhoodCity Center
- Zip60432
- Style
- Year Built1947
- Taxes$ 7172
- Price$ 599,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10874
- Lot Size9,148 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
10,874 Sq Ft Brick and Stone Building in Downtown Joliet that is walking distance to the Will County Annex Building. This building is known as the Munroe Hatchery Building. There are two parcel numbers, one is for the building and the other is for the vacant lot that is used for parking, directly to the North of the Building. The building and vacant lot are both currently zoned B-3 (General Business District) which provides many uses and possibilities. There is a ceramic tile entry foyer with access to the 2 units, and a hallway that leads to a door to the first floor shop area and a stairway that leads to the second floor. Currently the building is occupied by 2 business. One tenant is an event and party planner which occupies the office space on the south side. The finished office space is 27 x 39 and includes a private bathroom and storage closet. The unit has 13 foot ceilings and this unit has a its own furnace and central air conditioning. Unit#2 occupant is J Pearson Heating which occupies office space and the 1st and 2nd second floor shop and storage areas. This unit has two offices one is 14 x 14 the other is 12 x 14 with laminate flooring and 13 ft ceilings. There is a door that leads to the shop area from the offices where there is a bathroom for this unit. There is an overhead door for the shop area and the 2nd floor is currently used for storage which would be ideal for residential apartments. In Unit#2 there is a furnace and central conditioning for the office space, and then separate furnace and central air conditioning for the 1st floor shop area.There is a freight elevator that goes to the second floor. The second floor has concrete floors. The building is in the Opportunity Zone, in addition I have attached under additional information Business Development Programs from the City of Joliet Economic Development Department for programs available for funding including City Center Service Area, TIF Redevelopment Grants, Enterprise Zone and more. The first floor front windows are newer and there are new windows that match for the front second floor, which will stay with the building. In addition, there are 2 furnaces and central air units that are not installed that will stay with the building as well for the second floor. Great Opportunity with many uses. The second floor has concrete floors. Roof New in 2020. The first floor could accommodate indoor parking. In addition to the garage overhead door there is a service door at the back of the building on the first floor and a rear service door and outdoor stairs from the second floor. There is a bathroom on the second floor.
| Price History | |
|---|---|
| 3/14/2024 | Listed $599,500 |
General Features
| Cooling | Central Air |
|---|---|
| Utilities | Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal,Water to Site |
| Possession | Closing |
| Roof | Membrane |
| Zoning | OTHER |
| Construction Materials | Brick,Concrete,Stone |
| Year Built | 1947 |
| Electric | Service - 201 to 600 Amps,Power - 240V,Three Phase,Other |
| Tenant Pays | Varies by Tenant |
| Stories | 2 |
| Township | Joliet |
| Property SubType | Other |
| Tax Year | 2022 |
| Gross Income | 16800 |
| County | Will |
| Property Type | Commercial Sale |
| Contingency | Attorney/Inspection |
| Possible Use | Industrial |
| Status | Contingent |
| Directions | Located in Downtown Joliet on Chicago Street Just North of Jackson Street on the West Side of the Street directly across the street from St. Joseph Catholic Church |
| City | Joliet |
| Total Units | 2 |
| MLS Area | Joliet |
| Lot Size Square Feet | 9148 |
| Street Name | Chicago |
| Tax Annual Amount | 7172.96 |
| Additional Parcels Y/N | Yes |
| Days on Market | 19 |
| Standard Status | Active Under Contract |
| Property Type | Industrial |
Interior Features
| Flooring | Concrete,Other |
|---|---|
| Street Suffix | Street |
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 10874 |
| Lot Dimensions | 9148 |
| Lot Size Acres | 0.21 |
| Frontage Type | City Street |
| Exterior | Brick,Stone |
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
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 18, 2024 8:10 PM 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.
Data is updated as of May 18, 2024 8:10 PM UTC
