148 - 150 JOLIET Road, Marquette Heights, IL 61554
sale
$250,000
|
Other
Courtesy Of Keller Williams Premier Realty
Discover the potential at 148-150 Joliet Road! Situated in the heart of Marquette Heights, just off Route 29 with convenient access to I-474, this multi-unit commercial property features TWO separate buildings, SIX units, approximately 4,280 square feet, and 13 on-site parking spaces. Three units are currently leased to local service and retail businesses, providing $19,200 in annualized scheduled rental income. Two additional units are utilized for owner storage, while another vacant unit has been gutted and offers an opportunity for future renovation and customization. Tenants are responsible for their own utilities, with the owner currently covering utilities for non-leased spaces. Additional property features include two overhead doors with electric openers, approximately 8-10-foot ceiling heights, and a parking lot redone in 2025. Located in an established residential community with convenient access to surrounding commercial areas, this property offers flexibility for investors and potential owner-users alike. Offered at $250,000, approximately $58.41 per square foot, and priced with its current condition in mind, this is an opportunity to acquire an income-producing commercial property with room for future improvements and additional income potential.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Stone
- Exterior Type: Block
- Floor Covering: Tile
- Floor Covering: Concrete
- Floor Covering: Carpet
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Forced Air
- Legal Description: SEC 18 T25N R4W MARQUETTE HEIGHTS LOT 4 BLK 18A SW 1/4
- MLSID: PA1271107
- Parking Spaces: 13
- Roof Type: Composition
- Roof Type: Rolled Hot Mop
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