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114 & 116 Baker Street

Joliet, IL 60433
  • $230,000
  • STATUS: Active Under Contract
  • ON SITE: 101 Days
  • MLS #: 11530668
Under Contract
UPDATED: 71 min ago
$230,000
  • 5
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

School District:
86

Description

INVESTOR/OWNER OCCUPANT DREAM SIDE BY SIDE RENTED SINGLE FAMILY HOMES ON ONE PIN EXCEPTIONAL INVESTMENT LIVE IN ONE RENT OUT THE OTHER,114 BAKER IS APPROXIMATELY 1000 SQUARE FEET,116 BAKER IS APPROXIMATELY 2000 SQUARE FEET,BOTH HOMES HAVE BEEN EXTENSIVELY UPDATED LAST 9 YEARS FEATURING NEWER ARCHITECTURAL GRADE SHINGLE ROOFS HOMES & GARAGE 2016-REMODELED KITCHENS & BATHS-GAS FORCED HEAT-CENTRAL AIR IN 116 BAKER-NEW LOW E ARGON WINDOWS IN 116 BAKER-CERAMIC TILE & WOOD FLOORS BOTH HOMES,BOTH HOMES INCLUDE BASEMENTS & FRONT/REAR PORCHES,116 BAKER IS 3 BEDROOM 1&1/2 BATH 2 STORY HOME,114 BAKER IS 2 BEDROOM 1 BATH RANCH HOME,BOTH PROPERTIES HAVE BEEN IN JOLIET'S RENTAL PROGRAM SINCE 2001 AND ARE CURRENT,REINFORCED 3 CAR GARAGE WITH NEW OVERHEAD DOORS,NEW OVERSIZED GUTTERS & DOWNSPOUTS,FOUNDATIONS NEWLY TUCKPOINTED,PORCH/DECKS/TRIM NEWLY PAINTED,$2300 PER MONTH TOTAL INCOME FOR A VERY HEALTHY 11.5% CAP RATE,TENANTS PAY ALL UTILITIES & COMPLETE ALL REQUIRED LAWN CARE & SNOW REMOVAL.PROPERTY IS CORRECTLY ZONED R3.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-11-26T23:57:58.99 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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114 & 116 Baker Street Joliet, IL 60433

  • Price: $230,000
  • Status: Active Under Contract
  • On Site: 101 Days
  • Updated: 71 min ago
  • MLS #: 11530668
5
Beds
0
Baths
0
½ Baths
0.18
Acres
1900
Built
Neighborhood:
Akins
County:
Will
Area:
Joliet
School District:
86
Property Description
INVESTOR/OWNER OCCUPANT DREAM SIDE BY SIDE RENTED SINGLE FAMILY HOMES ON ONE PIN EXCEPTIONAL INVESTMENT LIVE IN ONE RENT OUT THE OTHER,114 BAKER IS APPROXIMATELY 1000 SQUARE FEET,116 BAKER IS APPROXIMATELY 2000 SQUARE FEET,BOTH HOMES HAVE BEEN EXTENSIVELY UPDATED LAST 9 YEARS FEATURING NEWER ARCHITECTURAL GRADE SHINGLE ROOFS HOMES & GARAGE 2016-REMODELED KITCHENS & BATHS-GAS FORCED HEAT-CENTRAL AIR IN 116 BAKER-NEW LOW E ARGON WINDOWS IN 116 BAKER-CERAMIC TILE & WOOD FLOORS BOTH HOMES,BOTH HOMES INCLUDE BASEMENTS & FRONT/REAR PORCHES,116 BAKER IS 3 BEDROOM 1&1/2 BATH 2 STORY HOME,114 BAKER IS 2 BEDROOM 1 BATH RANCH HOME,BOTH PROPERTIES HAVE BEEN IN JOLIET'S RENTAL PROGRAM SINCE 2001 AND ARE CURRENT,REINFORCED 3 CAR GARAGE WITH NEW OVERHEAD DOORS,NEW OVERSIZED GUTTERS & DOWNSPOUTS,FOUNDATIONS NEWLY TUCKPOINTED,PORCH/DECKS/TRIM NEWLY PAINTED,$2300 PER MONTH TOTAL INCOME FOR A VERY HEALTHY 11.5% CAP RATE,TENANTS PAY ALL UTILITIES & COMPLETE ALL REQUIRED LAWN CARE & SNOW REMOVAL.PROPERTY IS CORRECTLY ZONED R3.
Exterior Features

Architectural Style Traditional Exterior Building Type Vinyl Siding Exterior Features DeckPorchCable Access Garage Details Garage Door Opener(S)Transmitter(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Features Fenced Yard Lot Size Less Than .25 Acre Multi Family Type Other Parking Details GarageSpace/S Parking Features Driveway Parking Onsite Yes Parking Ownership Owned Parking Total 4 Roof Asphalt Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 5 Full Baths In Building 2 Half Baths In Building 1 Heating Natural GasForced Air Rooms Bedroom 2 Bedroom 3 Bedroom 4 Dining Room Family Room Kitchen Laundry Living Room Master Bedroom Rooms Total 9

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Community Features ParkCurbsSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Joliet General Information School Bus Service Insurance Expense 960 Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2015 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2586 Tax Year 2021 Total Numberof Unitsin Building 2 Total Rental Income 2500 Township Joliet Type Two To Four Units Water Source Public

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Century 21 Affiliated: 815-730-1199.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-11-26T23:57:58.99 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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