155-157 North Eastern Avenue

Joliet, IL 60432

$1,375,000
Price
12
Beds
12
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

12 unit apartment building (All 1 bed/1bath), on one parcel, in two attached buildings. 155 N Eastern renovated in 2018 and 157 N Eastern renovated in 2021. Occupancy permit obtained in 2021 after fire alarm system and sprinkler system was installed in both buildings. All units are one bed/one bath with laundry room on rear of building. Roof replaced in 2018 as well as balconys and windows. Parking for 7 vehicles behind building and parking for 6 vehicles leased at 225 E Clinton. All electric building...12 unit apartment building (All 1 bed/1bath), on one parcel, in two attached buildings. 155 N Eastern renovated in 2018 and 157 N Eastern renovated in 2021. Occupancy permit obtained in 2021 after fire alarm system and sprinkler system was installed in both buildings. All units are one bed/one bath with laundry room on rear of building. Roof replaced in 2018 as well as balconys and windows. Parking for 7 vehicles behind building and parking for 6 vehicles leased at 225 E Clinton. All electric building with electric forced air furnaces, central ACs (on roof), and tankless water heaters for all units. Preapproved buyers only for personal tours of property.
  1. Listed by Sean Morrissey • Chicagoland Realty Group Partners LLC

Property Details for 155-157 North Eastern Avenue

Area
Joliet
Township
Joliet
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING UPDATED: 09/25/2024 12:46 AM

Property Details for 155-157 North Eastern Avenue

StatusActive
MLS #12150557
Days on Market80
Taxes$13,551 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1900
Lot Size0.27 AC / 11,616 SF
CountyWill County

Building Information for 155-157 North Eastern Avenue

Stories3Residences12Year Built1900Building Size-Lot Size0.27 AC / 11,616 SF

Property Information for 155-157 North Eastern Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany,Show-Call Listing Office,48-Hr Notice Required,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • # Of Washers: 2
  • Heat/Ventilation: Electric,Forced Air,Individual Furnaces
  • # Of Refrigerators: 12
  • # Of Dryers: 2
  • # Of Disposals: 0
  • Num of Baths: 12.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 88X132
  • Lot Size Square Feet: 11616.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick, Steel Siding
  • Fire Protection: Alarm Monitored,Alarm On Site,Smoke or Fire Protectors,Sprinklers-Wet,Sprinklers,Carbon Monoxide Detector(s)
  • Building Area Total: 8448
  • # Of Ranges: 12
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 27
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
Income & Expenses
  • Electric Expense: $2,396.00
  • Fuel Expense: $.00
  • Gross Income: $147,415.00
  • Gross Scheduled Income: $153,650.00
  • Insurance Expense: $7,664.00
  • Maintenance Expense: $2,000.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2024
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Manager Expense Source: AC
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 13429
  • Water Expense Source: Actual
  • Net Operating Income: $126,855.00
  • Operating Expense: $26,795.00
  • Other Expense: $395.00
  • Trash Expense: $1,948.00
  • Water Sewer Expense: $1,030.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 12
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 155-157 North Eastern Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 155-157 North Eastern Avenue

This home is within Joliet Township Hsd 204 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Woodland Elementary School
PublicK to 5

Washington Jr High & Academy Prgm
Public6 to 8

Joliet Central High School
Public9 to 12

Pathways Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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155-157 North Eastern Avenue is a multi-family home for sale in Joliet, IL 60432. This property was listed for sale on August 29, 2024 by Chicagoland Realty Group Partners LLC, it's currently listed at $1,375,000. It has been on the market for a total of 80 days and was last sold on December 29, 2020. This listing's school districts are Joliet Township Hsd 204 School District, Joliet Public School District 86 School District. Nearby schools include Woodland Elementary School, Washington Jr High & Academy Prgm and Joliet Central High School. 155-157 North Eastern Avenue is a 12-bed, 12-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chicagoland Realty Group Partners LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/25/2024 12:46 AM. 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.