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$495,000

  • Sold
  • Closed
  • Commercial
  • 9,150 Sq. Ft.
  • 18 Parking Spaces
See This Home
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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.

Full Property Details for 1013-1019 Plainfield Rd

General

  • Sold For: $495,000
  • Taxes: $15,380 (2022)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 11858473
  • Added to Site: 890 day(s) ago

Interior

  • Interior Features: Private Restroom(s), Public Restroom(s), Basement
  • Flooring: Carpet, Concrete, Varies, Vinyl, Other

Parking

  • Total Spaces: 18
  • Parking Features: 13 to 18 Spaces

Location

  • Area: Joliet
  • County: Will
  • Driving Directions: PLAINFIELD RD. EAST OF INGALLS AVE. OR WEST OF RAYNOR AVE.
  • Location Details: Southwest Suburban, Mixed-Use Area, Public Transport Avail

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Window Unit(s)
  • Heating Type: Central Building Heat, Gas, Hot Water

Utilities

  • Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water, Water to Site

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick, Frame, Block
  • Foundation: Block, Concrete Perimeter
  • Sub-Flooring: Carpet, Concrete, Varies, Vinyl, Other
  • Stories/Levels: 2
  • Square Feet: 9,150
  • Current Bldg. Use: Commercial
  • # of Stores: 2
  • Year Built: 1955
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 9

Lot Features

  • Lot Size (Sq. Ft.): 15,000
  • Lot Dimensions: 116 x 125 x 120 x 130
  • Frontage: City Street
  • Drainage: Storm Sewers
  • Zoning: COMMR

Financial Considerations

  • Operating Expenses: $15,133
  • Assessment Year: 1955
  • Tax Amount: $15,380
  • Tax Year: 2022
  • Tenant Pays: Air Conditioning, Electricity, Varies by Tenant

Disclosures and Reports

  • Property ID: 3007054090140000

Listed by Karges Realty
Sold by Karges Realty

Listing agent

— 1013-1019 Plainfield Rd —

  • Karges Realty

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 1013-1019 Plainfield Rd

Date
Details
Price
Change
Source
10/04/2023
Sold
$495,000
-4.81%
MLS
8/11/2023
Listed
$520,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Karges Realty
Sold by Karges Realty

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1013-1019 Plainfield Road, Joliet, IL 60435 (MLS# 11858473) is a Commercial property that was sold at $495,000 on October 04, 2023. Want to learn more about 1013-1019 Plainfield Road? Do you have questions about finding other Commercial real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.