170 Round House Street, Braidwood, IL 60408
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
170 Round House Street,Braidwood, IL 60408
$325,000
- 10 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael o'donnell
Office: web video realty
MLS#:12798101
Source:MLSNI
Price summary
- Price:$325,000
About this home
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...
Contact an agent
Home facts
- Year built:1975
- Listing ID #:12798101
- Updated:November 09, 2026 at 12:17 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:12
- Basement Description:Full, Unfinished
Structure and exterior
- Year built:1975
- Lot area:0.8 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$325,000
- Tax amount:$6,159 (2025)
Parking
- Total parking spaces:8
New listings near 170 Round House Street
- New
$149,000Active1 beds 1 baths400 sq. ft.170 Catfish Circle, Wilmington, IL 60481
MLS# 12799746Listed by: HEXAGON REAL ESTATE - New
$320,000Active3 beds 3 baths2,600 sq. ft.162 N Kenard Street, Braidwood, IL 60408
MLS# 12803094Listed by: COLDWELL BANKER GLADSTONE
$89,900Pending1 beds 1 baths400 sq. ft.125 Largemouth Lane, Wilmington, IL 60481
MLS# 12799972Listed by: COLDWELL BANKER REAL ESTATE GROUP
$349,900Active4 beds 3 baths2,200 sq. ft.784 Western Avenue, Braidwood, IL 60408
MLS# 12788246Listed by: KELLER WILLIAMS INFINITY
$249,900Pending4 beds 2 baths1,770 sq. ft.962 N Schmidt Road, Braidwood, IL 60408
MLS# 12782059Listed by: EXP REALTY
$259,000Active3 beds 2 baths1,485 sq. ft.187 Harbor Landing, Braidwood, IL 60408
MLS# 12788099Listed by: VILLAGE REALTY, INC.
$359,900Active4 beds 3 baths2,050 sq. ft.718 Western Drive, Braidwood, IL 60408
MLS# 12770836Listed by: WEB VIDEO REALTY
$185,000Active3 beds 1 baths400 sq. ft.73 Lakeshore Drive, Wilmington, IL 60481
MLS# 12770056Listed by: HEXAGON REAL ESTATE
$224,900Active3 beds 1 baths1,000 sq. ft.177 Fossil Cove Lane, Wilmington, IL 60481
MLS# 12766744Listed by: LORI BONAREK REALTY