2541 Division Street

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2541 Division Street

Joliet, IL 60431
Asking Price
$395K
Asset Type
Traditional Office Retail
Class
Class B

What's Special

Double Unit for Sale (2,000 sq ft) <p><strong style="color: rgba(0, 0, 128, 1)">Two units combined into one larger unit. Space features 8 private offices, a conference room, kitchen area, reception area, 2 bathrooms, storage closet, utility room, and a flex room. Property has recently been updated with roof (4 years ago) and cosmetic updates throughout is past couple years. Plenty of parking available. Second PIN is 0603244020901004.</strong></p>

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NOI
$80,000
Cap Rate
20.26%
DSCR
3.41
Strong
Cash-on-Cash
47.74%
Monthly Payment
$1,953.75
Annual Cash Flow
$56,555.003

Location & Travel Times