514 Campbell Street

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514 Campbell Street

Joliet, IL 60435
Asking Price
$299K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Joliet.
  • Property is located at 514 Campbell Street in Illinois.
  • Asking price for the apartment building is $299,000.
  • Asset sits within the 60435 zip code area.
  • Well-suited for investors pursuing residential rental opportunities.

What's Special

The sale of this multifamily apartment building at 514 Campbell Street in Joliet, Illinois, presents a steady investment prospect for those focused on residential real estate. Situated in a region known for its strong industrial and transportation corridors, this asset aligns well with the growing demand for workforce housing in the metro area. Investors seeking to capitalize on steady rental income within this established submarket will find this property well-positioned to serve long-term occupants. Its functional layout and location in Joliet provide accessibility to local transit routes and regional economic hubs, making it a viable acquisition for portfolios prioritizing consistent performance. Whether for a landlord looking to expand their holdings or a local operator seeking a manageable residential asset, this apartment building remains a practical choice for current market conditions. The property offers a straightforward opportunity to secure a footing in a durable Illinois community that continues to attract residents and businesses alike.

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NOI
$80,000
Cap Rate
26.76%
DSCR
4.51
Strong
Cash-on-Cash
69.40%
Monthly Payment
$1,479.289
Annual Cash Flow
$62,248.534

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