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1738-1740 McDonough St 5,000 SF 100% Leased Office Building Joliet, IL 60436 $795,095 ($159.02/SF)
INVESTMENT HIGHLIGHTS
- Large Conference Room
- Fenced parking area
- Separate entrances to 9 offices - can be an additional leasing space
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$10,995
|
$2.20
|
| Operating Expenses |
$5,700
|
$1.14
|
| Total Expenses |
$16,695
|
$3.34
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $10,995 |
| Annual Per SF | $2.20 |
| Operating Expenses | |
|---|---|
| Annual | $5,700 |
| Annual Per SF | $1.14 |
| Total Expenses | |
|---|---|
| Annual | $16,695 |
| Annual Per SF | $3.34 |
PROPERTY FACTS Under Contract
ABOUT 1738-1740 MCDONOUGH ST , JOLIET, IL 60436
5,000 sq ft professional office building recently renovated featuring a reception area, 15 private offices (9 with a separate entrance can be suitable for single-suite rentals), large conference room, two storage rooms, eat-in kitchen, lounge area, two single use bathrooms, and an additional bathroom with four stalls. Property includes 48 parking spaces with two front and rear entrances. Favorable B-3 zoning in the City of Joliet. Conveniently located near the I-80/Larkin Avenue interchange. Ideal for professional, medical, or corporate use. Furniture available for purchase.
PROPERTY TAXES
| Parcel Number | 30-07-18-403-012 | Total Assessment | $131,266 |
| Land Assessment | $91,266 | Annual Taxes | $10,995 ($2.20/SF) |
| Improvements Assessment | $40,000 | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Presented by
Net Realty Corp
1738-1740 McDonough St
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