Company Logo
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Casey Voris
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(847) 934-1153
Direct Office:
(815) 482-8200
kcv@mc.net

IL Lic # 475.098690
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SOLD
$495,000
Date 10/04/2023

1013-1019 Plainfield Road
Joliet, IL 60435

Mixed Use, Business Opportunities
Residence
Courtesy: Karges Realty
THIS IS A GREAT INVESTMENT PROPERTY THAT HAS BEEN UNDER THE SAME OWNERSHIP FOR MANY YEARS. THE THREE PARCELS CONSIST OF A RESTAURANT BUILDING, PARKING LOT AND A COMMERCIAL/RESIDENTIAL BUILDING CONSISTING OF AN APPROX. 2,200 SQ. FT. BUSINESS RENTAL UNIT OFFERING 6 PRIVATE OFFICES/LARGE RECEPTION & MAIN OFFICE AREA/2 BATHROOMS/KITCHEN SETUP/EQUIPMENT ROOM, A WAREHOUSE RENTAL AREA OF APPROX. 1,400 SQ.FT. ALONG WITH SIX RESIDENTIAL APARTMENT RENTALS EACH CONSISTING OF APPROX. 500 SQ.FT. THE RENTS RECEIVED OF THE RESTAURANT AND APARTMENTS ARE QUITE A BIT UNDER CURRENT MARKET RATES AT THIS TIME AS THE MAJORITY OF THE TENANTS ARE LONG TERM OCCUPANTS. THERE IS PARKING FOR APPROX. 18 VEHICLES IN THE BLACKTOP LOT. THE TENANT IN THE RESTAURANT PAYS ALL UTILITIES WHILE THE APARTMENT TENANTS PAY FOR THEIR OWN ELECTRIC. ALL WINDOWS IN THE OFFICE/APARTMENT BUILDING WERE REPLACED IN 2020 WITH THE EXCEPTION OF THE FRONT PICTURE WINDOW. THIS IS A TREMENDOUS OPPORTUNITY FOR GREAT INCOME POTENTIAL - WONDERFUL LOCATION FOR LEASING POTENTIAL.
11858473
Mixed Use, Business Opportunities, Other
Will
1955
Block,Brick,Frame
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Walk Score

Transit Score

Courtesy: Karges Realty
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