599 N School St Braidwood, IL 60408
Estimated payment $1,798/month
Total Views
8,098
8
Beds
4
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Hot Property
- Ranch Style House
- Paved or Partially Paved Lot
About This Home
Great in-town 4-flat with incredible investment potential! This fully rented property features four 2-bed/1-bath ranch-style units plus a studio, each with separate utilities paid by the tenants-making it a true hands-off, income-producing opportunity. While some updates could elevate the property's value even further, the units are already occupied, including several long-term tenants who love the location. The building sits on an expansive backyard, offering plenty of space for outdoor enjoyment or creating dedicated areas for each tenant. Located right in the heart of downtown, residents enjoy walkable access to shops, dining, and local amenities, plus quick interstate access for easy commuting. On-site parking spaces add even more convenience. Whether you're looking to expand your portfolio or step into a strong cash-flowing investment, this property delivers location, stability, and upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,347
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 88x140x88x140
- Paved or Partially Paved Lot
Home Design
- Ranch Style House
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Parking
- 10 Parking Spaces
- Off-Street Parking
- Parking Included in Price
Utilities
- Heating System Uses Natural Gas
Community Details
- 4 Units
- Gross Income $33,000
Map
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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 | $3,126 | $46,631 | $10,610 | $36,021 |
| 2023 | $3,126 | $41,765 | $9,503 | $32,262 |
| 2022 | $2,383 | $37,899 | $8,623 | $29,276 |
| 2021 | $2,127 | $36,173 | $8,230 | $27,943 |
| 2020 | $2,011 | $34,271 | $7,797 | $26,474 |
| 2019 | $2,893 | $46,880 | $7,363 | $39,517 |
| 2018 | $2,774 | $44,861 | $7,046 | $37,815 |
| 2017 | $2,718 | $43,982 | $6,908 | $37,074 |
| 2016 | $2,642 | $42,536 | $6,681 | $35,855 |
| 2015 | $2,565 | $41,438 | $6,509 | $34,929 |
| 2014 | $2,565 | $41,438 | $6,509 | $34,929 |
| 2013 | $2,565 | $44,319 | $6,962 | $37,357 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/29/2025 11/29/25 | For Sale | $289,999 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $10,000 | None Available | |
| Deed | $82,500 | Fidelity National Title Ins | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $60,300 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $50,000 | Fidelity National Title | |
| Quit Claim Deed | -- | Fidelity National Title | |
| Quit Claim Deed | -- | Fidelity National Title | |
| Quit Claim Deed | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $86,305 | Commercial | |
| Previous Owner | $100,000 | Commercial |
Source: Public Records
About the Listing Agent
Sheila's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12525083
APN: 02-24-08-102-038
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