$299,000
$100K PRICE DROP

161 S Will Rd Braidwood, IL 60408

Estimated payment $2,043/month

Total Views 12,016
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

MULTIPLE OFFERS RECEIVED HIGHEST AND BEST BY MONDAY AT 5p Fantastic investment opportunity in Braidwood! This all-brick building features two currently rented units with long-term tenants and space for two additional units. One area already has framing in place for a future build-out, and the fourth structure-currently a pool room-offers excellent potential to be converted into another apartment, creating a full 4-unit income property. Property includes a 4-car garage, ample parking, and a spacious backyard with added privacy. Conveniently located just seconds from the expressway, making it ideal for both tenants and commuters. Whether you're expanding your portfolio or looking for your next value-add opportunity, this property offers strong upside and multiple revenue possibilities.

Listing Agent

Sheila Strutz

Village Realty, Inc. License #475204648 Listed on: 11/29/2025

Village Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,707

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 205x239x303x170
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,707

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Dimensions: 205X239X303X170
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5707
  • Tax Year: 2024

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,290 $19,017 $10,141 $8,876
2023 $1,290 $17,033 $9,083 $7,950
2022 $1,215 $15,456 $8,242 $7,214
2021 $636 $14,753 $7,867 $6,886
2020 $575 $13,977 $7,453 $6,524
2019 $518 $13,199 $7,038 $6,161
2018 $482 $12,631 $6,735 $5,896
2017 $465 $12,383 $6,603 $5,780
2016 $441 $11,976 $6,386 $5,590
2015 $442 $11,667 $6,221 $5,446
2014 $442 $11,667 $6,221 $5,446
2013 $442 $12,478 $6,653 $5,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2025 12/20/25 Price Changed $299,000 -25.1% --
12/19/2025 12/19/25 For Sale $399,000 0.0% --
12/15/2025 12/15/25 Pending -- -- --
11/29/2025 11/29/25 For Sale $399,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $380,000 Fidelity National Title
Executors Deed $210,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $161,800 Commercial
Source: Public Records

About the Listing Agent

Sheila Strutz

Village Realty, Inc.

(779) 212-7571

Section Image

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12525747

Midwest Real Estate Data (MRED)

APN: 02-24-07-300-009