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Multifamily

808 2nd Ave

808 2nd Ave, Joliet, IL 60433

Listing Price: $1,400,000

Cap Rate
8.31%
Number of Units
20
Price/Unit
$70,000
Price/Gross SF
$100.00
Gross SF
14,000

Investment Overview

Marcus & Millichap is pleased to present a 20-unit multifamily property located at 808-816 Second Avenue in Joliet, Illinois. Built in 1916, the building’s unit mix consists of 13 one-bedroom / one-bathroom units and seven one-bedroom / one-bathroom renovated units, all measuring approximately 700 square feet. The property features brick construction, newer water heaters, 15 garages, and ample off-street parking. This investment offers the opportunity to obtain a well-maintained asset in a thriving rental market.

Investment Highlights

  • Brick Construction
  • Newer Water Heaters
  • 15 Garages
  • Ample Off-Street Parking
  • Seven Recently Renovated Units

Exclusively Listed By

Multifamily

808 2nd Ave

Listing Price: $1,400,000

Cap Rate
8.31%
Number of Units
20
Price/Unit
$70,000
Price/Gross SF
$100.00
Gross SF
14,000

Investment Highlights

  • Brick Construction
  • Newer Water Heaters
  • 15 Garages
  • Ample Off-Street Parking
  • Seven Recently Renovated Units

Investment Overview

Marcus & Millichap is pleased to present a 20-unit multifamily property located at 808-816 Second Avenue in Joliet, Illinois. Built in 1916, the building’s unit mix consists of 13 one-bedroom / one-bathroom units and seven one-bedroom / one-bathroom renovated units, all measuring approximately 700 square feet. The property features brick construction, newer water heaters, 15 garages, and ample off-street parking. This investment offers the opportunity to obtain a well-maintained asset in a thriving rental market.

Exclusively Listed By

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