161 S Will Rd Braidwood, IL 60408
Estimated payment $2,043/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | Fidelity National Title | |
| Executors Deed | $210,000 | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $161,800 | Commercial |
About the Listing Agent
Sheila's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12525747
APN: 02-24-07-300-009
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