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301 Fairbanks Avenue Joliet, IL 60432 Commercial - Business Active

  • 301 Fairbanks Avenue, Joliet, IL 60432 Main Photo

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Description

A truly unique opportunity to own a historic multi-building property with more than a century of character and history. Built in 1906, the approximately 2,000 sq. ft. former worship center features beautiful handcrafted art glass dating to the early 1900s and an operational pipe organ installed in the 1920s. The lower level offers three large classrooms and a kitchenette. An annex connects the worship center to the banquet hall, built in the 1920s and featuring a stage, spacious hall, and large kitchen. Also included is the 1920s brick Four Square-style parsonage, providing a separate residential component to this incredibly versatile property. A parking lot located across the street negotiable to be included in the package. With multiple buildings and distinct spaces, this property presents a rare opportunity for an organization, investor, or buyer with a vision for its next chapter. Property is being sold AS-IS with no repairs. Buyer to complete all due diligence regarding zoning and intended use. Listing agent must accompany all showings. 24-hour notice required.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1906

General Information

County: Will
Listed By:
Town Center Realty LLC 815-242-0191
MRED MLS
$500,000
Est. $3,370/mo
Active
SQUARE FEET7,000 MLS#12718714
STATUSActive PROPERTY TYPECommercial - Business

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301 Fairbanks Avenue, Joliet, IL 60432.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $500,000$500,000$500,000
Down Payment $100,000$17,500$125,000
Monthly Mortgage Amount $2,528$3,103$3,139
Taxes $696$696$696
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$220$0
Monthly Estimated Total $3,370$4,165$3,981

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