825-827 W Jefferson

Joliet, IL 60435

Money Maker! Aprox. $93, 540.yearly Gross Income! ! ! Great Opportunity For This 8 - Unit, Two-separate But Connected - All Brick Buildings Which Have 7-residential And - 1 Business Units. All 7 - Residential Units Are $900. Per Month On A Month To Month Basis. Many Tenants Have Been There For Years. The 8th Unit Is A First Floor Cigar Shop Business That Has A Full Bathroom With A Shower An Potential For Living Space In The Rear With Monthly Rent Of $1, 495 And Has Aprox. 1-1/2 Years Left On The Lease. All Residential Units Are One-bedroom And Pay For Their Own Electric And Heating Gas. The Owner Pays For The Water And Only The Gas That Heats The Three 70-gallon Water Tanks, And Some Common Lighting. Their Is All New Windows In The Last Three Years And A $20, 000. New Multiple Electric Meter Was Installed In 2021! Some Units Have New Flooring And All Units Have Forced Air Heat. There Are Two Separate Buildings Connected Together. The 825-building Had A Complete New Roof In 2011. The 827 Building Had A New Asphalt Replaced In 2021. Both Buildings Have Newer Breakers - 2019. Two-new 70-gallon Hot Water Heaters Were Replaced For The 825-building In 2018 And A 3rd 70-gallon Was Replaced For Building 827-in 2021. A New Sump Pump For Building 827-was Done In 2019 And For Building-825 A New Sump Was Done In 2018. Two Separate Pin#'s, Plenty Of Parking And A Large Parking Lot On The East Side Of The Property! Conveniently Located! Minutes To Jewel, Mcdonald's, Restaurants, Downtown, Casino, Shopping, I-80, Etc.!