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170 Round House St - Direct Value-Add & Scale 4 Unit Apartment Building Offered For Sale Braidwood, IL 60408
Investment Highlights
- High-Upside 4-to-6 Unit Value-Add: Existing solid-brick 4-unit building (~2,591 sq. ft. floor plates) with clear architectural potential to finish the
- Clean As-Is Transaction: Clear title, straightforward deal structure, and immediate eligibility for 1031 exchange replacement or private portfolio cap
- Exceptional Basis at $325K: Incredibly low cost-per-pound acquisition basis, leaving substantial margin for full interior modernization and maximum eq
Executive Summary
Property Condition: Sold As-Is (Essential to set buyer expectations for value-add/rehab)
Transaction Type: Investment / Value-Add Opportunity
Financing Terms: Cash, Conventional,
1031 Exchange: 1031 Exchange Eligible / Buyer 1031 Exchange Welcome
Transaction Type: Investment / Value-Add Opportunity
Financing Terms: Cash, Conventional,
1031 Exchange: 1031 Exchange Eligible / Buyer 1031 Exchange Welcome
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 02-24-08-402-009 | Improvements Assessment | $95,901 CAD |
| Land Assessment | $23,753 CAD | Total Assessment | $119,653 CAD |
Property Taxes
Parcel Number
02-24-08-402-009
Land Assessment
$23,753 CAD
Improvements Assessment
$95,901 CAD
Total Assessment
$119,653 CAD
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170 Round House St - Direct Value-Add & Scale
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