Stand by
USDAProperties.com is processing real estate display...

 

 

 

$1,375,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
520 Bellarmine Dr E
Joliet, IL 60436
24 bed 12 bath unknown SqFt ($0/SqFt)
Built 1977
Listed 2024-04-07
Ⓧ USDA Ineligible
due to price & location

near Joliet

ARE YOU THINKING OF GETTING IN THE INVESTMENT GAME OR INCEASING YOUR REAL ESTATE PORTFOLIO ? THEN THIS ALL BRICK 12 UNIT BUILDING IS FOR YOU!

* Has Contingent Offer *

THIS BUILDING IS A CASH COW WITH LONG TERM TENANTS. IT HAS BEEN WELL MANAGED AND TAKEN CARE OF. THE CURRENT MANAGEMENT COMPANY IS WILLING TO STAY ON WITH A PRISTINE OWNER. THE OWNER FOR OVER 40 YEARS IS RETIRING AND LOOKING TO MOVE HIS PROPERTIES.

THIS IS A GREAT OPPORTUNITY TO BUY A TURNKEY INVESTMENT. ALSO AVAILABLE FOR SALE BY THE SAME OWNER IS THE BUILDING NEXT DOOR-512 BELLARMINE- ALSO A 12 UNIT. HE'S OPEN TO OFFERS ON BOTH BUILDINGS AS A PACKAGE DEAL. BUY ONE OR BUY TWO, BUT DON'T MISS OUT ON THIS OPPORTUNITY!


Presented by DEREK HACKNEY at
Steel City Real Estate And Property Management Services, Inc.
Listing Agent Photo

Property MLS #12021985 from MRED

Bedrooms: 24

Yes

Full Bathrooms: 12

12

Lot Size Dimensions: 97X169X97X169

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 12
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1
Full Bathrooms in Unit-1: 1
Total Rooms in Unit-1: 5
Unit-1 Description: Unit 1, Units Total: 12
Unit-2 Description: Unit 2
Unit-3 Description: Unit 3
Unit-4 Description: Unit 4
Unit-5 Description: Unit 5
Unit-6 Description: Unit 6
Unit-7 Description: Unit 7

Tenant Pays: Electricity

Annual Tax Amount: 19146.00
Source Listing Status: Active Under Contract
County: Will
Directions: McDonough to Bellarmine to Buildings
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: 3007184190040000
Property Subtype: Multi Family 5+
Source System Name: C2C

Listed 2024-04-07
$1,375,000
MRED

Net Operating Income: 123995

Year Built: 1977
Property Age: 47
Levels or Stories: 2

Lynne Thigpen Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

Dirksen Junior High School is a public middle school located approximately 0.8 miles away.
directions icon Map directions

Joliet West High School is a public high school located approximately 1.1 miles away.
directions icon Map directions

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

Click Thumbnail Images To View Full Size
house_viewhouse_viewhouse_viewhouse_viewlaundry_room
kitchenkitchenkitchenkitchenlaundry_room
unknownliving_roomliving_roombedroombathroom

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.