IL
Will
Joliet
60435
1513 Essington Road
1513 Essington Road, Joliet, IL 60435
Listing Type
Commercial/Industrial
Listing Status
active
14
$2,495,000

Home Details for 1513 Essington Road

Price
$2,495,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
11842
Year built
2006
County
Will
Garage
Days on site
137
MLS Listing#
12195025
Listing Courtesy: eXp Realty, LLC - 888-574-9405
Property Description

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.

View Virtual Tour
Property Features
  • Cooling Information
    • Central Air
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-01-31 08:33:03. 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. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-01-31 08:33:03
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT REAL ESTATE SPECIALISTS
2750-2752 Caton Farm Rd, Joliet, IL 60435
Office
815 457 7575
Request more details
Code: