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$ 325,000
Est. payment | /mo
10 Beds
6 Baths
0.8 Acres Lot
$ 325,000
Est. payment | /mo
10 Beds
6 Baths
0.8 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12741087
Bedrooms 10
Year Built 1975
Annual Tax Amount $6,159
Tax Year 2025
Lot Size 0.800 Acres
Lot Dimensions 0.85
Property Sub-Type Two to Four Units
Property Description
Offered at $325,000, representing an entry basis of just $81,250/unit (as a 4-unit) or $54,166/unit(upon 6-unit conversion), and approximately $62.70/sq. ft. across the primary floors. Massive Floorplate & Scale: Substantial footprint totaling ~5,182 sq. ft. across two primary levels (~2,591 sq. ft. per floor), allowing for oversized, high-demand 2-bedroom rental layouts. Unit Density Expansion: Full attic space provides the immediate physical potential to add 2 studio apartments, increasing the property from a 4-unit to a high-density 6-unit income generator. Substantial Forced Equity & Cash Flow: Blank canvas condition allows an investor to select high-durability, modern finishes to capture top-of-market rental rates in a strong local rental market. Durable Masonry Construction: Solid all-brick exterior concrete block building with concrete precast floors. ongoing structural and exterior maintenance overhead. Favorable Will County Location: Positioned with convenient access to Route 53, I-55, and regional industrial/logistics employment lPrime Value-Add Multi-Family Opportunity | High-Upside All-Brick Asset 170 Roundhouse St, Braidwood, IL 60408 Solid, all-brick multi-family property offering massive value-add potential and significant scale. The building features an expansive footprint with approximately 2,591 square feet per floor, currently configured as four large 2-bedroom apartments ready for modern finishes and premium rental rates. Heavy Value-Add & Density Upside: Existing layout comprises four generous 2-bedroom units, with direct potential to build out the full attic space into two additional studio apartments-transforming the asset into a high-yielding 6-unit building. Substantial Scale: ~2,591 sq. ft. per floor delivers excellent room sizes, efficient mechanical routing, and optimal floor plans. Durable All-Brick Construction: Robust exterior framework minimizes long-term structural maintenance. Strong Pro-Forma Income: An ideal project for experienced investors or developers looking to maximize unit count, force appreciation, and capture strong cash flow. Prime Will County location with convenient access to regional employment corridors and Route 53 / I-55. Ideal for a 1031 exchange or portfolio addition. Sold as-is
Location
State IL
County Will
Area Braidwood
Rooms
Basement Unfinished, Full
Interior
Heating None
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 255U , 255U, 255U
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael O'Donnell of WEB VIDEO Realty