Active
1513 Essington Road
Joliet IL, 60435
$2,495,000
$210.69 per sqft
Active
11,842 sqft
Commercial
Built in 2006
Courtesy of eXp Realty, LLC
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. 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.
12195025
MLSⓇ ID
October 23, 2024
Listed
November 22, 2024
Updated
Map
1513 Essington Road
Joliet IL, 60435
Interior Features
Total Stories
1
Floor Description
Carpet, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
1.27 Acres
Roof
Composition
Other Property Details
Area Name
Joliet
Taxes
$42,160
Tax Frequency
Annually
Days on Market
6
Garage
No
View
No
County
Will
Municipality
Joliet
Pool
No
Courtesy of eXp Realty, LLC, Valdy Biernacki,
Listing Contact: 773-603-9557
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Hexagon Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 11/22/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 7:20 AM UTC, 11/22/2024
