520 Bellarmine Drive Joliet, IL ^$ 1,375,000

520 Bellarmine Drive

^$ 1,375,000

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520 Bellarmine Drive

Joliet, IL, 60436

^$ 1,375,000

Bedrooms2 Baths0.0

Monthly Estimate*

^$ 9,139

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Multi-Family Home for sale in Joliet, IL

for $1,375,000 with 2 bedrooms. This home was built in 1977.

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! 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 NEW 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!

Multi-Family Contingent

Price

^$ 1,375,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 19,146

Style

Year Built

1977

Town/City

Joliet

County/Region

Will

MLS | Web ID

12021985

Features

General

Year Built 1977

Tenant Pays Electricity

Stories 2

Tax Year 2022

Gross Income 157320

County Will

Net Operating Income 123995

Operating Expense 33325

Insurance Expense 4099

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

Status Contingent

Directions McDonough to Bellarmine to Buildings

City Joliet

NumberOfUnitsTotal 12

MLS Area Joliet

Street Name Bellarmine

Tax Annual Amount 19146

Electric Expense 2100

Fuel Expense 720

Trash Expense 2160

Water Sewer Expense 3600

Additional Parcels Y/N N

Days on Market 47

Standard Status Active Under Contract

Exterior

Lot Dimensions 97X169X97X169

Exterior Brick

Interior

Street Suffix Drive

* Excluded Features

List By

Steel City Real Estate And Property Management Ser

Broker

dshackney@comcast.net

Affordability Calculator

$10,734

Per Month

Monthly Principal & Interest: $9,139
Monthly Property Taxes: $1,596
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Joliet, IL

Average List Price ^$942,531

Percent of Sale Price 31%

About Joliet, IL

149,574 Population

37% Since 2002

^$61,297 Median Income

34.35 Median Age

39% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/7/2024	$1,375,000		Listed Price

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520 Bellarmine Drive, Joliet, IL, 60436 is a Multi-Family Home for sale at $1,375,000. 520 Bellarmine Drive has 2 bedrooms, 0.0 baths, and was built in 1977. The property's zip code is 60436 which is in Joliet, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 6/8/2024.

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520 Bellarmine Drive

Multi-Family Home for sale in Joliet, IL

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