664 Landau Avenue, Joliet, Illinois 60432
- $160,000
- 6
- BD
- 5
- BA
- Sold Price
- $160,000
- List Price
- $199,900
- Closing Date
- Jul 03, 2024
- MLS#
- 12059109
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 6
- Bathrooms
- 5
- County
- Will
- City
- Joliet
- Neighborhood
- Joliet
- Days On Market
- 7
Property Description
Discover the potential of this expansive 11,000 square foot building located in the heart of Joliet, IL. This versatile property presents a unique opportunity for savvy investors looking to capitalize on a prime piece of real estate that is brimming with possibilities. This building offers a significant amount of space in a centrally located area of Joliet, close to amenities, transportation, and vibrant community attractions. The flexible zoning allows for multiple uses, making it ideal for both residential and commercial applications. The property is in need of rehabilitation, providing a perfect blank canvas for your vision. Whether you plan to modernize the space into a multi-tenant rental property or transform it into a lavish single-family estate, the possibilities are endless. This property is perfect for investors seeking a project with substantial upside potential. The large footprint and flexible zoning provide the freedom to tailor the space to meet market demands and personal investment goals. The building can be converted into multiple rental units, offering steady income potential in a market with high rental demand, or it can be transformed into a grand, spacious home with ample room for luxurious living and entertaining. Additionally, a mixed-use development combining residential and commercial spaces can maximize return on investment. The location offers easy access to major highways such as I-80 and I-55, facilitating commutes to Chicago and surrounding areas. The property is also close to schools, parks, shopping centers, and dining options, enhancing its appeal for future tenants or homeowners. Joliet is a city on the rise with ongoing developments and a growing population, ensuring long-term value appreciation. Opportunities like this are rare. Whether you're an experienced investor or looking to enter the real estate market, this 11,000 square foot building in Joliet is a golden opportunity to create significant value. With the right vision and investment, this property can be transformed into a lucrative asset. Schedule a viewing today and explore the immense potential this property has to offer. Your next successful investment starts here!
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Additional Information
- School District
- 204
- Elementary School
- Sator Sanchez School
- Middle School
- Gompers Junior High School
- High School
- Joliet Central High School
- Corporate Limits
- Joliet
- Tax Year
- 2022
- Tax Amount
- $1,730
- Year Built
- 1914
- Lot Dimensions
- 49X152
- Lot Size Range
- Less Than .25 Acre
- Heating
- Steam
- Sewer
- Public Sewer
Mortgage Calculator
Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid
Selling Office: eXp Realty, LLC.
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