170 Round House Street, Braidwood, IL

$325,000

Previous Next Back

10

Beds

0.80

Acres

About 170 Round House Street

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

Features of 170 Round House Street

MLS® # 12741087
Price $325,000
Bedrooms 10
Bathrooms 0.00
Acres 0.80
Year Built 1975
Type Residential Income
Sub-Type Two to Four Units
Status Active
Taxes $6,159

Community Information

Address 170 Round House Street
Area Braidwood
City Braidwood
County Will
State IL
Zip Code 60408

Amenities

Parking Spaces 8
Parking Yes
Is Waterfront No
New Construction No
Has Pool No

Interior

Heating None
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Brick

School Information

District 255U

Additional Information

Days on Market 9
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWEB VIDEO Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?