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315 Pine Street Joliet, IL 60435

$459,000
New / MLS# 12638669 / Multi Unit - Multiple / Joliet
6 Beds
3 Baths

Exceptional opportunity to acquire a beautifully renovated, framed-construction three-unit apartment rental property that has all new plumbing, electric, windows and doors in Joliet's sought-after Bicentennial Bluffs neighborhood. Offering an ideal blend of scale, quality updates, and investment appeal; this substantial multi unit building has been thoughtfully improved to meet modern expectations while preserving the spaciousness rarely found in today's housing stock. The unit configuration includes a sprawling 2-bedroom residence encompassing the entire second floor, a well-proportioned 2-bedroom unit on the main level, and a 1-bedroom unit with additional office/flex space on the main level. All units are leased under a month-to-month rental agreement and are fully-occupied by long term tenants. These residents appreciate the updated interiors featuring granite countertops, dishwashers, stylish cabinetry, and real hardwood flooring - - all contributing to a clean, elevated finish creating a strong tenant appeal. Each unit offers individually controlled, forced-air heat and central air conditioning and features a separate 50 gallon hot water heater. An added benefit for ownership is that tenants pay their own heating-cooking gas and electric On the outside, the property is equally compelling, with a wide, side driveway offering generous off-street parking and a fenced backyard that provides privacy and added usability. This ideal location places residents just minutes from downtown Joliet and near some of the areas' recognizable destinations. They include Harrah's Casino, The Rialto Square Theater, the Will County Court House, the City's New City Square, The Transportation Center (Amtrak & Metra), a vibrant mix of downtown dining and entertainment options and close to major highways including Interstates (355, 80, and 55), Lincoln highway along with the Historic Route 66; further enhancing the property's long-term desirability. Extensively updated and well-positioned in an established neighborhood; 315 Pine Street presents a rare opportunity for both investors and owner-occupants seeking a turn-key multi-unit asset with an attractive cash flow. Proudly maintained by the same owner since 2005, this property reflects that long-term stewardship and care. Key Points about 315 Pine Street in Joliet: * Three-unit residential income property * Beautifully renovated framed-construction building * Month-to-Month lease rentals * Located in Bicentennial Bluffs * One oversized 2-bedroom unit occupying entire second floor * One main-floor 2-bedroom unit * One main-floor 1-bedroom unit with office/ flex room * Three, individually-controlled forced-air furnace units with central air * Individual 50 gallon hot water heaters (3) * Granite countertops * Dishwashers * Updated cabinetry * Real hardwood flooring throughout * Wide 2-car driveway * Fenced backyard * Conveniently located near down

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Baird & Warner Andrea John Agent Cell: 847.208.3952 Email

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Estimated Payment

$ 1,617.88 per month $1,020.00 Principal & Interest $464.00 Property Tax $133.88 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Heating: Natural Gas
Home Style: Traditional
Lot Size: 4,350
Roof Type: Asphalt
Taxes: $5,568
Year Built: 1890

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 4350
Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Parcel#: 3007094000430000
Parking: Off Street, Driveway, Yes, Owned
Sewer: Public Sewer
Total Rooms: 15
Township: Joliet
Water: Public

Schools

High School: Joliet Central High School
Middle School: Hufford Junior High School
Elementary School: Farragut Elementary School
School District: District 204

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Prello Realty

Listing Office Phone: 773-805-5325



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