O'Neil Property Group

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$325,000
5 Days On Site

170 Round House Street
Braidwood, IL 60408

For Sale|Multi Family|Active
10
Beds
6
Total Baths
1975
Built
County:
Will
Listing Courtesy of MRED as distributed by MLS Grid of WEB VIDEO Realty
170 Round House Street170 Round House Street170 Round House Street170 Round House Street
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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

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Listing Snapshot
PriceΒ 
$325,000
Days On SiteΒ 
5 Days
BedroomsΒ 
10
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
6
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
0.8 Acres
Year BuiltΒ 
1975
MLS NumberΒ 
12798101
StatusΒ 
Active
Property TaxΒ 
$6,159
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
5 days agoListing first seen on site
General Features
AcresΒ 
0.8
Parking SpacesΒ 
8
Property Sub TypeΒ 
Multi Family
SewerΒ 
Public Sewer
Water SourceΒ 
Public
Interior Features
BasementΒ 
UnfinishedFull
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Exterior Features
Construction DetailsΒ 
Brick
Community Features
MLS AreaΒ 
Braidwood
School DistrictΒ 
255U
TownshipΒ 
Reed
Schools
School District
255U
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of WEB VIDEO Realty



Based on information submitted to the MLS GRID as of 2026-11-05 01:50 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-05 01:50 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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