170 Round House Street
Braidwood, IL, 60408 $ 325,000
Bedrooms10 Baths6.0 Sq 3,000 Monthly Estimate*
$ 2,052
for $325,000 with 10 bedrooms and 6 full baths. This 3,000 square foot home was built in 1975 on a lot size of 0.8.
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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FeaturesGeneralSewer Public Sewer
Heating None
Possession Closing
Construction Materials Brick
Year Built 1975
Township Reed
Tax Year 2025
Ownership Fee Simple
County Will
Insurance Expense 2500
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status Active
Directions Take I-55 South toward St. Louis. Continue on I-55 for about 55 miles. Take Exit 236 (IL-113 toward Braidwood). Turn right (west) onto IL-113 W/Main Street. Continue into Braidwood. Turn onto Ro
City Braidwood
High School District 255U
MLS Area Braidwood
Tax Annual Amount 6159
Standard Status Active
Middle/Junior School District 255U
Elementary School District 255U
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InteriorBasement Unfinished Full
Total Bedrooms 10
Total Baths 6
Bedrooms Possible 10
Full Baths Building 6
Half Baths Building 0
Total Number of Units 4
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ExteriorParking Features Yes
Water Source Public
Total Parking 8
Lot Dimensions 0.85
Lot Size Acres 0.8
Waterfront Y/N N
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* Excluded FeaturesList Bybuynsellrealestate@hotmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,052
- Monthly Property Taxes
- $513
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Braidwood, IL
Average List Price $264,800
Percent of Sale Price 19%
About Braidwood, IL 6,182 Population
17% Since 2002
$ 61,534 Median Income
40.82 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
564776 Elementary School
565124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/24/2026 | $325,000 | | Listed Price |