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706 McDonough Street, Joliet, IL 60436
$299,000
706 McDonough Street, Joliet, IL 60436View this property at 706 McDonough Street, Joliet, IL 60436
706 McDonough StreetJolietIL60436
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Property Description
Positive cash flow, turn key investment property! Recently remodeled and perfect for a 1031 Exchange. First floor unit has 4 ample sized bedrooms, 2 baths and rents for $1925 per month through 1/31/2025. Second floor unit has 2 bedrooms, 1 bath and rents for $1300 per month through 4/1/2025. Property is professionally managed by GR8 Property Management an they would love to continue as your property manager. Property is owned by a licensed real estate broker. 4 parking spaces in the back and a 2 car garage.
Full Property Details
Full Property Details for 706 McDonough St
General
- Price: $299,000
- Taxes: $4,734 (2022)
- Status: Active
- Type: Multi-Family
- MLS ID: 12032111
- Updated: 4/24/2024
- Added to Site: 53 day(s) ago
Interior
- Basement: Full
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 6
- Parking Type: Garage, Space(s)
- Parking On-Site: Yes
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: Center St. to McDonough right to home on left
School Information
- School District: 86
- Elem School District: 86
- Midd School District: 86
- High School District: 204
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Full
- Year Built: 1900
- Built Before 1978: Yes
- Remodeled/Updated: 2022
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 49 x 132
Financial Considerations
- Assessment Year: 1900
- Tax Amount: $4,734
- Tax Year: 2022
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3007163010030000
Listed by Oak Leaf Realty
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Schools
Schools serving 706 McDonough St
School Districts:Joliet Psd 86, Joliet Township High School District 204
Rating | Name | Grades | Distance |
---|---|---|---|
251 N Midland Ave, Joliet, IL 60435 | K-5 | 1.2 mi | |
203 S Midland Ave, Joliet, IL 60436 | 6-8 | 1 mi | |
201 E Jefferson St, Joliet, IL 60432 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 706 McDonough St
Date
Details
Price
Change
Source
4/18/2024
Listed
$299,000
106.21%
MLS
3/30/2022
Sold
$145,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 706 McDonough St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$4,734
—
$51,265
7%
2022
$4,734
11%
$47,880
5%
2020
$4,269
5%
$45,470
8%
2019
$4,061
4%
$42,258
8%
2018
$3,891
6%
$39,048
10%
2017
$3,667
5%
$35,502
9%
2016
$3,496
3%
$32,529
7%
2015
$3,385
—
$30,500
—
2014
$3,370
-1%
$30,350
-7%
2013
$3,393
—
$32,570
-20%
2012
$3,408
—
$40,591
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 706 McDonough St
706 McDonough Street, Joliet, IL 60436 (MLS# 12032111) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 706 McDonough Street is currently listed for $299,000 and was received on April 18, 2024. Want to learn more about 706 McDonough Street? Do you have questions about finding other Multi-Family real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.