Rife Realty · Nick Rife, Managing Broker · (815) 258-1471 · Nick@RifeRealty.com · riferealty.com
ActiveMLS #: 127124941 / 93 Beds · 1 Baths · 850 sq ft
$225,000
Est. payment: $1,645/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Price per sq ft
$265
Built in
1954
Property size
850 sq ft
Property type
Detached Single
Listed by David Whitezel with Jameson Sotheby's International Realty
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
INVESTORS Immediate cash flow. 3 BR 1 BA, 1.5 CG with attached Florida room and full basement on Joliet's in-demand West Side. Stable long term tenants with verified on-time payments since 2017. Currently paying $1825, lease ends 4-30-27. Investor leaving SF space presents excellent opportunity to expand holdings or begin real estate journey with turnkey, easy-to-manage cash flowing asset with under-market rent and under-market price. Tenant pays all utilities and does lawn and snow removal. Owned and managed by licensed broker. Run your numbers, solid 7 cap rate at list price with higher possible at market rent. Recent sales $250k plus. Selling as-is. Tenants rights convey with sale.
1214 Schriber Avenue, Joliet IL, 60435
Your monthly payment will be
$1,645
Principal, interest, and estimated taxes.
Ballpark estimated payments for planning. Not a quote or a preapproval.
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.


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$229,000
3 bd · 1 ba · 924 sq ft
514 S Margaret Street, Joliet IL, 60436
