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321 Dewey Street Joliet, IL 60436 • Multi Unit - Multiple • Contingent

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Description

Are you looking for an investment property with immediate cash flow? Look no further! This well-maintained legal multi-unit offers an A+ rating from the City of Joliet and is fully compliant with rental and multi-unit requirements. Major exterior improvements include properly maintained and updated front and rear stairways, along with code-compliant wrapped windows. Additional updates include an improved boiler/heating system, refreshed kitchens in both units, and renovated flooring and an updated full bathroom in the second-floor unit. The property features a full basement with ample storage space, dedicated laundry area, and utility access. Tenants enjoy convenient parking with multiple spaces accessible from both the alley and street. Both units are currently occupied on month-to-month leases, providing immediate rental income, with tenants responsible for all utilities except gas. This truly makes for a stress- and worry-free situation as you don't need to find or screen tenants,...it's already done for you. With strong rental history, excellent condition, and built-in income from day one, this is a turnkey investment opportunity you won't want to miss. Schedule your private showing today and add this solid income-producing property to your portfolio!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Will
High School: Joliet Central High School
Listed By:
Town Center Realty LLC 815-242-0191
MRED MLS
$279,900
Est. $1,942/mo
4beds
2baths
Contingent
BEDS4 BATHS2 full MLS#12789471
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 204

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321 Dewey Street, Joliet, IL 60436.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $279,900$279,900$279,900
Down Payment $55,980$9,797$69,975
Monthly Mortgage Amount $1,452$1,805$1,800
Taxes $390$390$390
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$123$0
Monthly Estimated Total $1,942$2,418$2,290

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