301 & 303 S Ottawa St 301 S Ottawa St 6 Unit Apartment Building $665,000 ($110,833/Unit) 8.49% Cap Rate Joliet, IL 60436

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 301 S Ottowa Street in Joliet, IL (the “Property”). The two-story building contains six (6) total units comprised of one (1) commercial unit, one (1) 3-Bedroom/1-Bathroom unit, one (1) 2-Bedroom/1-Bathroom unit, two (2) 1-Bedroom/1-Bathroom units, and one (1) Studio unit with 6,000 square feet of gross living area and 6,500 square feet of gross area. The Property is situated upon two separate parcels totaling 0.42-acres of land and offers ample parking with five (5) spaces available. Additionally, there is a vacant lot adjacent to the Property that is vacant and can be developed into a development of prospective buyers choosing, further enhancing value to the Property. 301 & 303 S Ottawa Street is centrally located near downtown Joliet, offering excellent visibility within a growing commercial and residential hub. Positioned just minutes from Interstate 80 and Interstate 55, the property provides efficient regional connectivity to Chicago, Naperville, and surrounding Will County communities. Its strategic location offers walkable access to downtown amenities including restaurants, retail, civic institutions, and public transit via the Joliet Gateway Center Metra and Amtrak station. Nearby attractions such as the Rialto Square Theatre, Harrah’s Casino, and the Des Plaines Riverwalk support a lively local environment, enhancing tenant convenience, quality of life, and long-term investment appeal.