$701,397
$625,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
1.1 Acres Lot
SOLD DATE : 12/17/2024
Key Details
Sold Price $701,397
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12201054
Sold Date 12/17/24
Year Built 1967
Annual Tax Amount $11,916
Tax Year 2023
Lot Size 1.100 Acres
Lot Dimensions 309.4X156.7X309.1X154.9
Property Description
Investment opportunity! Two 4-unit apartment buildings on 1.1 acres in Unincorporated Will County Channahon. Each building has all brick and stone exterior, with One 1 bedroom 1 bath unit, and Three 2-bedroom 1 bath units, along with utility/laundry room on lower level. 8 units total. Two stair cases in each building. Personal items/building material on site is included in sale. Items include doors, washer, water heaters, and some windows. All units are in need of updating/rehab. Photos are of a one bedroom and two bedroom to represent the remaining units. Floor plan in photos is identical of both buildings. Building are all electric, with electric baseboard or radiant ceiling heat, and electric appliances. Sleeves for Window AC units. Property is on private well and septic. Village of Channahon city water is located across the street, however would require annexation. R-6 Zoning for Will County. Parking lot has enough parking for approximately 16 cars. Excellent location: Less than 1 mile from I-55 interchange, 5 minutes from Amazon warehouse and a distribution center, 15 minutes from the Intermodal. Property is a Trust Sale being sold AS-IS. Buyer to do their own due diligence. Allow Trust 48 hour response time. Seller will not provide any survey or well and septic test. taxes prorated at 100 percent of most recent tax bill.
Location
State IL
County Will
Zoning MULTI
Interior
Cooling Wall Sleeve, Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick,Stone
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Bought with Willie Garcia • Chicago Style
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "