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$289,999

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
See This Home
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Great in-town 4-flat with incredible investment potential! This fully rented property features four 2-bed/1-bath ranch-style units plus a studio, each with separate utilities paid by the tenants-making it a true hands-off, income-producing opportunity. While some updates could elevate the property's value even further, the units are already occupied, including several long-term tenants who love the location. The building sits on an expansive backyard, offering plenty of space for outdoor enjoyment or creating dedicated areas for each tenant. Located right in the heart of downtown, residents enjoy walkable access to shops, dining, and local amenities, plus quick interstate access for easy commuting. On-site parking spaces add even more convenience. Whether you're looking to expand your portfolio or step into a strong cash-flowing investment, this property delivers location, stability, and upside.

Full Property Details for 599 N School St

General

  • Price: $289,999
  • Taxes: $3,347 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12525083
  • Updated: 1/1/2026
  • Added to Site: 51 day(s) ago

Rental Information

  • Complex Features: Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Parking

  • Total Spaces: 10
  • Parking Features: Off-Street, Yes, Owned

Location

  • Area: Braidwood
  • County: Will
  • Township: Reed
  • Driving Directions: Cermack to School Street to address

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

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Construction: Shake Siding
  • Exterior Const.: Shake Siding
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 88 x 140 x 88 x 140
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Tax Amount: $3,347
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 224081020380000

Listed by Village Realty, Inc.

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Listing agent

— 599 N School St —

  • Village Realty, Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 599 N School St

School District:Reed Custer Community Unit School District 255u
NameGradesDistance
Reed-Custer Intermediate School
162 South School Street, Braidwood, IL 60408
PK-50.9 mi
Reed-Custer Middle School
407 Comet Drive, Braidwood, IL 60408
6-81.5 mi
Reed-Custer High School
249 Comet Drive, Braidwood, IL 60408
9-121.4 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 599 N School St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/29/2025
Listed
$289,999
251.51%
MLS
5/09/2019
Sold
$82,500
—
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 599 N School St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,126
31%
$46,631
12%
2023
$2,383
8%
$41,765
10%
2022
$2,209
—
$37,899
5%
2022
$2,209
11%
$36,173
6%
2020
$1,996
-31%
$34,271
-27%
2019
$2,893
4%
$46,880
5%
2018
$2,774
2%
$44,861
2%
2017
$2,718
3%
$43,982
3%
2016
$2,642
2%
$42,536
3%
2015
$2,578
1%
$41,438
—
2014
$2,543
-1%
$41,438
-7%
2013
$2,565
-1%
$44,319
-5%
2012
$2,595
—
$46,529
—
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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599 N School Street, Braidwood, IL 60408 (MLS# 12525083) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 599 N School Street is currently listed for $289,999 and was received on November 29, 2025. Want to learn more about 599 N School Street? 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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