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Trust Owned Property summary
This exceptional multifamily investment property, located at 808 2nd Avenue in Joliet, Illinois, presents a compelling opportunity for discerning investors. The two-story brick building boasts twenty (20) one-bedroom, one-bathroom units, totaling 13,500 square feet of living space within a 15,000 square-foot building footprint. Situated on a 1.05-acre lot, the property enjoys a highly desirable location on 2nd Avenue, bordering a dense residential neighborhood. Benefitting from recent… upgrades including newer copper water lines and electrical panels, the property also features electric heat and a significant number of garages (15). Its proximity to Downtown Joliet (1 mile) and the Lincoln Highway (US Route 30, 0.7 miles) provides excellent access to a thriving commercial corridor. Residents enjoy convenient access to a wide array of amenities, including employers, medical facilities, municipal services, grocery stores, restaurants, retail options, schools, and recreational areas. Commuting is simplified by its proximity to the Joliet Transportation Center, offering METRA and Pace bus services, as well as easy access to major highways including US Routes 6, 30, and 52, and Interstates 80 and 55. This property offers a strong 8%+ cap rate, making it an attractive investment in the growing city of Joliet, the third largest city in Illinois, conveniently located 30 miles southwest of Chicago's Loop.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 0.57 ac
- Year built
- 1916
- APN
- 30-07-14-108-015
- Assessed value · 2023
- $100,000
- Annual tax · 2023
- $8,921
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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Off Market
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Off Market
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Loan from 20049.0% rateNew Century Bank Fayetteville
BRAGG BLVD, FAYETTEVILLE, NC 28303
