706 McDonough Street

Joliet, IL 60436

$299,000
Price
6
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Positive cash flow, turn key investment property! Recently remodeled and perfect for a 1031 Exchange. First floor unit has 4 ample sized bedrooms, 2 baths and rents for $1925 per month through 1/31/2025. Second floor unit has 2 bedrooms, 1 bath and rents for $1300 per month through 4/1/2025. Property is professionally managed by GR8 Property Management an they would love to continue as your property manager. Property is owned by a licensed real estate broker. 4 parking spaces in the back and a 2...Positive cash flow, turn key investment property! Recently remodeled and perfect for a 1031 Exchange. First floor unit has 4 ample sized bedrooms, 2 baths and rents for $1925 per month through 1/31/2025. Second floor unit has 2 bedrooms, 1 bath and rents for $1300 per month through 4/1/2025. Property is professionally managed by GR8 Property Management an they would love to continue as your property manager. Property is owned by a licensed real estate broker. 4 parking spaces in the back and a 2 car garage.
  1. Listed by Matthew Persicketti • Oak Leaf Realty

Property Details for 706 McDonough Street

Area
Joliet
Township
Joliet
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
6.0
Heat/Fuel
Natural Gas

Location

Listing Courtesy of Oak Leaf Realty
Add your commute
LISTING UPDATED: 04/27/2024 05:50 PM

Property Details for 706 McDonough Street

StatusActive
MLS #12032111
Days on Market12
Taxes$4,734 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1900
Lot Size0.15 AC / 6,468 SF
CountyWill County

Location

Listing Courtesy of Oak Leaf Realty
Add your commute

Building Information for 706 McDonough Street

Stories-Residences2Year Built1900Building Size-Lot Size0.15 AC / 6,468 SF

Payment Calculator

$2,026 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,632

Property Taxes

$395

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 706 McDonough Street

General Information
School Information
  • Elementary School District: 86
  • High School District: 204
  • Middle Or Junior School District: 86
Addtl Parking Information
  • Garage On Site: true
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking On Site: true
  • Open Parking Spaces: 4.0
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Room Type: Sitting Room
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 49 X 132
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Frame
  • General Information: None
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-04-18T18:48:29
  • Photos Count: 27
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,925.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 02/25
Unit 2
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/25

Property History for 706 McDonough Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 706 McDonough Street

Taxable ValueLand$9,992Additions$41,273Total$51,265
Tax Record2022$4,734 ($395 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt2,313 SqFtAbove Grade Finished SqFt2,313 SqFtStories2Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1900CountyWILLAPN30-07-16-301-003

Schools near 706 McDonough Street

This home is within Joliet Township Hsd 204 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pershing Elementary School
PublicK to 5

Dirksen Junior High School
Public6 to 8

Joliet Central High School
Public9 to 12

Joliet Twp High School - Alternate
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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706 McDonough Street is a multi-family home for sale in Joliet, IL 60436. This property was listed for sale on April 18, 2024 by Oak Leaf Realty, it's currently listed at $299,000. It has been on the market for a total of 12 days and was last sold on April 13, 2022. This listing's school districts are Joliet Township Hsd 204 School District, Joliet Public School District 86 School District. Nearby schools include Pershing Elementary School, Dirksen Junior High School and Joliet Central High School. 706 McDonough Street is a 6-bed, 3-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Oak Leaf Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.