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ActiveMLS #: 127410871 / 42Get an accurate number
ActiveMLS #: 127410871 / 4210 Beds
$325,000
170 Round House Street, Braidwood IL, 60408
Est. payment: $2,234/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Built in
1975
Lot size
0.8 acres
Property type
Two to Four Units
Listed by Michael O'Donnell with WEB VIDEO Realty
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
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
170 Round House Street, Braidwood IL, 60408
- Township
- Reed
- County
- Will
- Area
- Braidwood
Interior
- Bedrooms
- 10
- Total rooms
- 12
- Basement
- Unfinished, Full
Exterior and lot
- Construction
- Brick
- Lot size
- 0.8 acres (0.85)
- Total parking
- 8
- Sewer
- Public Sewer
- Water
- Public
Schools
- Elementary district
- 255U
- Middle district
- 255U
- High school district
- 255U
Taxes and ownership
- Annual taxes
- $6,159 (2025)
Listing details
- MLS number
- 12741087
- Status
- Active
- Property type
- Two to Four Units
- Year built
- 1975
- Town
- Braidwood
- ZIP
- 60408
- Updated
- Aug 30, 2026
Estimate your payment
Term, years
Your monthly payment will be
$2,234
Principal, interest, and estimated taxes.
Loan $260,000 Down $65,000
- Principal and interest
- $1,721
- Property taxes (2025, per the listing)
- $513
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
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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