599 N School Street Braidwood, IL $ 289,999
599 N School Street
$ 289,999
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599 N School Street

Braidwood, IL, 60408
$ 289,999
Bedrooms8 Baths4.0

Monthly Estimate*

$ 1,809

599 N School Street, Braidwood, IL 60408 - Image 1
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599 N School Street, Braidwood, IL 60408 - Image 9
599 N School Street, Braidwood, IL 60408 - Image 10

Multi-Family Home for sale in Braidwood, IL

for $289,999 with 8 bedrooms and 4 full baths. The lot size is 0.28.

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.

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Multi-Family Active

Price

$ 289,999

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,347

Style

Ranch

Lot Size

0.28

Town/City

Braidwood

County/Region

Will

MLS | Web ID

12525083

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Architectural Style Ranch
Construction Materials Shake Siding
Township Reed
Tax Year 2024
Ownership Fee Simple
Gross Income 33000
Community Features Sidewalks Street Lights Street Paved
County Will
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status Active
Directions Cermack to School Street to address
City Braidwood
High School District 255U
MLS Area Braidwood
Tax Annual Amount 3347
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 255U
Elementary School District 255U
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Interior
Basement Crawl Space
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Off Street Yes Owned
Water Source Public
Total Parking 10
Lot Dimensions 88X140X88X140
Lot Size Acres 0.28
Waterfront Y/N N
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* Excluded Features
List By
Village Realty, Inc.

Broker

sheilastrutzsellsre@gmail.com

Email

Affordability Calculator

$2,088
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,809
Monthly Property Taxes
$279
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564776 Elementary School
565124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$289,999 Listed Price

Map


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599 N School Street, Braidwood, IL, 60408 is a Multi-Family Home for sale at $289,999 with a lot size of 0.28. 599 N School Street has 8 bedrooms and 4.0 baths. The property's zip code is 60408 which is in Braidwood, IL