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1513 Essington Road
Joliet IL 60435 US

$2,495,000

Active Listing ID 11996107
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Other

$2,495,000

Active Listing ID 11996107
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1513 Essington Road Nestled in a prime location, this beautiful property boasts a total area of 11, 842 SF, comprising eight office units/condos. With four existing tenants, including three in the esteemed medical field, this property presents a promising investment opportunity. Each tenant is responsible for their utilities and insurance, with lease agreements structured to suit different needs - from modified gross to triple net leases. This diversified approach ensures stability and flexibility in income streams. With solid tenants in place, this investment offers an armchair opportunity with great returns. Originally designed for 8 units, the property was subdivided into only 4 tenants. However, this presents an incredible opportunity for maximizing income potential and future flexibility. Should any of the current tenants express interest in downsizing, there exists the possibility of reverting the property to its original 8-unit configuration. Not only would this unlock higher income potential, but it also opens the door to endless possibilities for growth and expansion. Don't miss out on this chance to secure a sound investment with solid tenants and promising growth potential. Contact us today to seize this opportunity and take your investment portfolio to new heights.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Composition

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2495000
  • unparsedaddress: 1513 Essington Road
  • postalcity: Joliet
  • stateorprovince: IL
  • country: US
  • postalcode: 60435
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 11842
  • livingareaunits: Square Feet
  • listagentfullname: Valdy Biernacki
  • listagentemail: valdy.biernacki@newimagerealty.com
  • listagentkey: 3yd-MREDIL-605314
  • listagentmlsid: 605314
  • listagentpreferredphone: 7736039557
  • listagentofficephone: 7089741000
  • listofficekey: 3yd-MREDIL-21423
  • listofficemlsid: 21423
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 2006
  • listingcontractdate: 2024-03-15
  • listagenturl: http://www.palosforsale.com
  • countyorparish: Will
  • parcelnumber: 0506022150301012
  • constructionmaterials: Brick
  • flooring: Carpet, Vinyl
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Realty Executives International
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty Executives New Image", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"valdy.biernacki@newimagerealty.com", "ListBrokerageCity":"Palos Hills", "ListBrokerageCountry":"US", "ListBrokerageEmail":"joemalecki@sbcglobal.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/7cdaf521f95e11deaa2f00065bf395fa/20100105120914858.pjpeg", "ListBrokerageName":"Realty Executives New Image", "ListBrokeragePhone":"(708) 974-1000", "ListBrokeragePostalCode":"60465", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"11230 SouthWest hwy.", "ListBrokerageWebsiteUrl":"http://www.palosforsale.com", "ListOfficeAddress1":"11230 SouthWest hwy.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Palos Hills", "ListOfficeCountry":"US", "ListOfficeEmail":"valdy@megsinet.net", "ListOfficePostalCode":"60465", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Medical - Joliet, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/11996107/?channel=rexren", "MLSModificationTimestamp":"2024-08-17T04:34:57Z", "Neighborhoods":[{"Description":null, "Name":"Joliet"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":42160, "TaxDescription":null, "TaxYear":"2022"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/22/2024 4:00:02 PM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Valdy Biernacki, Realty Executives New Image, valdy.biernacki@newimagerealty.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.