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311 N Ottawa Street, Joliet, IL 60432
$5,700,000
311 N Ottawa Street, Joliet, IL 60432View this property at 311 N Ottawa Street, Joliet, IL 60432
311 N Ottawa StreetJolietIL60432
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Property Description
In the heart of Joliet City Center. 139 units:(42) efficiency units 385 sf, (92) 1 bedrooms 520 sf, (5) 2 bedrooms 740 sf and (1) 2 bedroom manager/maintenance residence. There are 6 laundry rooms approximately 680 sf on even floors. 2 large community rooms with kitchens/kitchenette, common bathrooms, 2 offices and storage. Ground floor boiler room, 3 boilers, back up generator, 1 water meter and 1 gas meter for the entire building. Simplex fire alarm system panel upgraded 2021. Fire sprinkler system covers the entire building. 2 elevators and 44 parking spaces plus 3 ADA.
Full Property Details
Full Property Details for 311 N Ottawa St
General
- Price: $5,700,000
- HOA FEE: $522,799
- Taxes: $30,075 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 12006580
- Updated: 3/24/2024
- Added to Site: 42 day(s) ago
Interior
- Interior Features: Common Meeting Room(s), Passenger Elevator(s), Accessible Entrance, Laundry Room
Parking
- Parking Features: 31 to 50 Spaces
Location
- Area: Joliet
- County: Will
- Driving Directions: IL 53 to Ottawa to property.
- Location Details: Corner, Mixed-Use Area, Water View, In City Limits
Heating & Cooling
- Heating Type: Electric, Baseboard
Structural Information
- Construction: Brick, Block
- Foundation: Concrete Perimeter
- Stories/Levels: 13
- Square Feet: 58,000
- Current Bldg. Use: Multi-Family
- Year Built: 1967
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 1.33
- Lot Dimensions: 254 x 300 x 132 x 150 x 132
- Potential Use: Condominium, Development, Multi-Family, Special Use, Zoning Change Required, Other, Elderly Housing, Single Room Occupancy
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $522,799
- Insurance Fee: $190,313
- Operating Expenses: $400,599
- Other Fee: $522,799
- Assessment Year: 1967
- Tax Amount: $30,075
- Tax Year: 2021
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 3007094240090000
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Schools
Schools serving 311 N Ottawa St
School Districts:Joliet Psd 86, Joliet Township High School District 204
Rating | Name | Grades | Distance |
---|---|---|---|
1101 Harrison Ave, Joliet, IL 60432 | PK-5 | 1.2 mi | |
1501 Copperfield Ave, Joliet, IL 60432 | 6-8 | 2.1 mi | |
201 E Jefferson St, Joliet, IL 60432 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
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Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 311 N Ottawa St
Date
Details
Price
Change
Source
3/17/2024
Listed
$5,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 311 N Ottawa St
311 N Ottawa Street, Joliet, IL 60432 (MLS# 12006580) is a Commercial property. 311 N Ottawa Street is currently listed for $5,700,000 and was received on March 17, 2024. Want to learn more about 311 N Ottawa Street? 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.