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$299,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 6 Total Beds
  • 4 Car Garage
  • Updated 8 days ago
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Fantastic investment opportunity in Braidwood! This all-brick building features two currently rented units with long-term tenants and space for two additional units. One area already has framing in place for a future build-out, and the fourth structure-currently a pool room-offers excellent potential to be converted into another apartment, creating a full 4-unit income property. Property includes a 4-car garage, ample parking, and a spacious backyard with added privacy. Conveniently located just seconds from the expressway, making it ideal for both tenants and commuters. Whether you're expanding your portfolio or looking for your next value-add opportunity, this property offers strong upside and multiple revenue possibilities.

Full Property Details for 161 S Will Rd

General

  • Price: $299,000
  • Taxes: $5,707 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12525747
  • Updated: 1/10/2026
  • Added to Site: 51 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Other Features: Interstate Access

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Total Spaces: 4
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: Braidwood
  • County: Will
  • Township: Custer
  • Driving Directions: Take Exit 236 - Reed Road toward Braidwood. Head east on E Reed Rd (toward town). Turn left (north) onto Will Road. Continue a short distance - 161 N Will Rd will be on your right.

School Information

  • School District: 255U
  • Elem School District: 255U
  • Midd School District: 255U
  • High School District: 255U

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 205 x 239 x 303 x 170

Financial Considerations

  • Tax Amount: $5,707
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 224073000140000

Listed by Village Realty, Inc.

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Listing agent

— 161 S Will Rd —

  • Village Realty, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 161 S Will Rd

School District:Reed Custer Community Unit School District 255u
NameGradesDistance
Reed-Custer Intermediate School
162 South School Street, Braidwood, IL 60408
PK-51.2 mi
Reed-Custer Middle School
407 Comet Drive, Braidwood, IL 60408
6-82.2 mi
Reed-Custer High School
249 Comet Drive, Braidwood, IL 60408
9-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 161 S Will Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/20/2025
Price Reduced
$299,000
-25.06%
MLS
11/29/2025
Listed
$399,000
5%
MLS
12/15/2021
Sold
$380,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 161 S Will Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,290
6%
$19,017
12%
2023
$1,215
81%
$17,033
10%
2022
$673
—
$15,456
5%
2022
$673
18%
$14,753
6%
2020
$570
10%
$13,977
6%
2019
$518
7%
$13,199
4%
2018
$482
4%
$12,631
2%
2017
$465
5%
$12,383
3%
2016
$441
5%
$11,976
3%
2015
$421
1%
$11,667
—
2014
$415
-6%
$11,667
-6%
2013
$442
-5%
$12,478
-5%
2012
$463
—
$13,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Village Realty, Inc.

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161 S Will Road, Braidwood, IL 60408 (MLS# 12525747) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 161 S Will Road is currently listed for $299,000 and was received on November 29, 2025. Want to learn more about 161 S Will Road? Do you have questions about finding other Multi-Family real estate for sale in Braidwood? You can browse all Braidwood real estate or contact a Coldwell Banker agent to request more information.

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