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  • $160,000

    664 Landau Ave, Joliet, IL 60432

    6beds
    --sqft
    Multi Family
    Built in 1914
    -- sqft lot
    $298,800 Zestimate®
    $--/sqft
    $1,532 Estimated rent

    Home value

    $298,800

    $245,000 - $353,000

    $1,532/mo

    Zestimate® history
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    $1,144/mo

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    What's special

    Discover the potential of this expansive 11,000 square foot building located in the heart of Joliet, IL. This versatile property presents a unique opportunity for savvy investors looking to capitalize on a prime piece of real estate that is brimming with possibilities. This building offers a significant amount of space in a centrally located area of Joliet, close to amenities, transportation, and vibrant community attractions. The flexible zoning allows for multiple uses, making it ideal for both residential and commercial applications. The property is in need of rehabilitation, providing a perfect blank canvas for your vision. Whether you plan to modernize the space into a multi-tenant rental property or transform it into a lavish single-family estate, the possibilities are endless. This property is perfect for investors seeking a project with substantial upside potential. The large footprint and flexible zoning provide the freedom to tailor the space to meet market demands and personal investment goals. The building can be converted into multiple rental units, offering steady income potential in a market with high rental demand, or it can be transformed into a grand, spacious home with ample room for luxurious living and entertaining. Additionally, a mixed-use development combining residential and commercial spaces can maximize return on investment. The location offers easy access to major highways such as I-80 and I-55, facilitating commutes to Chicago and surrounding areas. The property is also close to schools, parks, shopping centers, and dining options, enhancing its appeal for future tenants or homeowners. Joliet is a city on the rise with ongoing developments and a growing population, ensuring long-term value appreciation. Opportunities like this are rare. Whether you're an experienced investor or looking to enter the real estate market, this 11,000 square foot building in Joliet is a golden opportunity to create significant value. With the right vision and investment, this property can be transformed into a lucrative asset. Schedule a viewing today and explore the immense potential this property has to offer. Your next successful investment starts here!

    Zillow last checked: 8 hours ago

    Listing updated: July 03, 2024 at 11:29am

    Listing courtesy of:

    Michael Odeh 224-699-5002,

    Redfin Corporation

    Bought with:

    Hunter Nelson

    eXp Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12059109MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Steam
    Features
    • Basement: None

    Property

    Lot
    • Size: 6,969 sqft
    • Dimensions: 49X152
    Details
    • Parcel number: 3007102090070000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1914

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks, Street Paved
    Location
    • Region: Joliet

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/3/2024Sold$160,000-20%
    Source: MRED as distributed by MLS GRID #12059109
    5/29/2024Contingent$199,900
    Source: MRED as distributed by MLS GRID #12059109
    5/22/2024Listed for sale$199,900+99.9%
    Source: MRED as distributed by MLS GRID #12059109
    6/1/2023Sold$100,000+0.1%
    Source: MRED as distributed by MLS GRID #11755850
    4/12/2023Pending sale$99,900
    Source: Berkshire Hathaway HomeServices Chicago #11755850

    Public tax history

    YearProperty taxesTax assessment
    2023$1,731 $19,403
    2022-- --
    2021-- --

    Find assessor info on the county website

    Neighborhood: Northeast Joliet

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sator Sanchez School
    • Middle: Gompers Junior High School
    • High: Joliet Central High School
    • District: 86

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $298,800
    2% more+ $5,976
    With Zillow Showcase(estimated)
    $304,776