Positive cash flow

Turn key investment property! Recently remodeled and perfect for a 1031 Exchange. First floor unit has 4 ample sized bedrooms, 2 baths and rents for $1925 per month through 1/31/2025. Second floor unit has 2 bedrooms, 1 bath and rents for $1300 per month through 4/1/2025.

Property is professionally managed by GR8 Property Management an they would love to continue as your property manager. Property is owned by a licensed real estate broker. 4 parkng spaces in the back and a 2 car garage.

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on 706 McDonough St
in Joliet, IL
Presented by MATT PERSICKETTI at
Oak Leaf Realty.


Property MLS #12032111 from MRED

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 6
Bedrooms Possible: 6

+ Other Rooms

Total Rooms: 11
Sitting Room
Basement Features: Full
Basement Description: Unfinished

+ Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

+ Heating and Cooling

Heating Features: Natural Gas

+ Land Info

Lot Size Acres: 0.1484848
Lot Size Dimensions: 49 X 132
Lot Size Square Feet: 6468

+ Garage and Parking

Garage Spaces: 2
Garage Description: Detached
Parking Total: 6

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

High School District: 204
+ Display Complete School Details

Dirksen Junior High School is a public middle school located approximately 1 miles away.
Map directions

Pershing Elementary School is a public elementary school located approximately 1.2 miles away.
Map directions

Joliet Central High School is a public high school located approximately 1.4 miles away.
Map directions

St Patrick is a private elementary and middle school located approximately 0.4 miles away.
Map directions

+ Multi-Unit Info

Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 7
Total Rooms in Unit-2: 4
Unit 1 Total Actual Rent: 1925
Unit 2 Total Actual Rent: 1300

+ Other Property Info

Annual Tax Amount: 4734.00
Source Listing Status: Active
County: Will
Directions: Center St. to McDonough right to home on left
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 3007163010030000
Township: Joliet
Property Subtype: Two to Four Units
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2021	$38,548 + $9,332 $47,880	$4,499
2020	$36,608 + $8,862 $45,470	$4,269
2019	$34,022 + $8,236 $42,258	$4,060
2018	$31,438 + $7,610 $39,048	$3,890
2017	$28,583 + $6,919 $35,502	$3,667
2016	$26,183 + $6,346 $32,529	$3,496
2015	$24,550 + $5,950 $30,500	$3,384
2014	$24,450 + $5,900 $30,350	$3,370
2013	$26,036 + $6,534 $32,570	$3,393
2012	$33,215 + $7,376 $40,591	$3,407
2011	$38,350 + $8,750 $47,100	$3,953
2010	$43,916 + $9,965 $53,881	$4,151
2009	$48,310 + $10,207 $58,517	$4,156
2008	$48,310 + $10,207 $58,517	$4,009
2007	$45,150 + $9,540 $54,690	$3,780
2006	$39,250 + $8,600 $47,850	$3,421

+ Reveal Property Sale History

Listed 2024-04-18
$299,000
MRED

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Sold 2022-05-12
$145,000
Public Record

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Price Changed 2022-02-08
$150,000
MRED

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Price Changed 2021-12-08
$160,000
MRED

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Price Changed 2021-10-15
$165,000
MRED

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Listed 2021-09-22
$175,000
MRED

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Sold 1995-04-13
$70,000
Public Record

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Sold 1991-05-07
$48,000
Public Record

+ Building and Construction

Year Built: 1900
Property Age: 124

+ Utilities

Sewer: Public Sewer
Water Source: Public