View All Joliet IL Cash Only Homes Listings

$2,495,000
12583596 MLS ACTIVE Status
High-Visibility, Income-Driven Office Complex in Joliet-Fully Leased with Expansion Potential. Nestled in a highly desirable area, this attractive commercial property offers a total of approximately 11,842 SF, comprising 8 office units/condos. Currently, the property is fully leased to four tenants, including three in the esteemed medical sector, making it a promising investment with reliable income streams. Property Highlights: Flexible Lease Structures: Each tenant manages their own utilities and insurance. The lease agreements are structured to accommodate stability and flexibility for investors. Potential for Expansion: Originally designed for 8 units, the property was subdivided into only 4 tenants. This configuration provides an exceptional opportunity to maximize income by reverting to the original 8-unit layout if tenants choose to downsize, unlocking higher income potential and future growth. Immediate Income & Stability: Fully leased with long-term agreements, the property guarantees immediate cash flow. The tenant mix and lease terms contribute to a stabilized income stream. Unique Investment Advantages: Diversified Tenant Base: All suites are currently leased, including a major national corporation with a multi-year sub-rent agreement for virtual and in-person office spaces. This anchor tenant ensures long-term demand and recurring revenue. Low Maintenance & High Return: The building is well-maintained and strategically configured to minimize operational costs while maximizing leasing efficiency. Strategic Location: Joliet is one of the fastest-growing markets in the southwest Chicago metro area, boasting excellent transportation access via I-80 and I-55, strong infrastructure, and a thriving business ecosystem. Why Invest in Joliet? Joliet continues to attract logistics firms, professional services, and expanding small businesses due to its strategic location, affordability, and ongoing municipal development. This property is well-positioned to benefit from both current tenant stability and future appreciation. Additional Highlights: Fully occupied with long-term tenants Owner motivated to sell due to relocation Opportunity for 1031 exchange buyers and experienced investors seeking solid returns Don't Miss This Rare Opportunity! Whether you're an experienced investor seeking strong, stable returns or a company looking for a managed asset in a high-growth corridor, this property offers excellent potential. Contact us today for a detailed financial packet, rent roll, and private showing. Serious inquiries only.

1523 Essington Road, Joliet

$487,500
6 Beds 3 Baths 12565102 MLS CLOSED Status
*** Positioned in Joliet's sought-after Cathedral Area!!! *** This F U L L Y - R E N O V A T E D two-unit home presents a rare opportunity for both investors and multi-generational buyers seeking flexibility, stability, and long-term value!!! Each expansive unit offers a true three-bedroom layout with generous living space - approximately 1,426 square feet on the first floor and 1,699 square feet on the second - delivering the feel of two full single-family homes under one roof. The interiors have been METICULOUSLY upgraded and showcase model-like presentation throughout!!! Every detail has been executed by a contractor with more than 25 years of quality craftsmanship experience, ensuring the finishes are not only beautiful but built to last. Both residences feature refinished hardwood flooring, new windows, fresh designer paint, updated kitchens with stainless steel appliances, recessed lighting, and soaring 9-foot ceilings that create a bright, open atmosphere. Formal dining rooms provide a natural gathering space for entertaining, while decorative fireplaces in each unit add architectural character and warmth. The thoughtful layout allows for privacy and independence. Separate utility meters, distinct entrances, and well-planned circulation make this an ideal structure for extended families looking to live together while maintaining separate living quarters. The first-floor unit greets you with an impressive entry foyer accented by detailed woodwork and a dramatic built-in mirror feature. Upstairs, the second-floor unit offers a charming enclosed front porch - perfect as a reading nook, office space, or peaceful morning retreat. From an investment perspective, the fundamentals are strong. Separate utilities simplify management and expense allocation. Two large garages - one 2-car and one 2 1/2-car - combined with newly completed dual driveways provide exceptional parking capacity, a significant advantage for tenants and owners alike. The size, layout, and condition position this property attractively for strong rental income potential, owner-occupant house hacking, corporate or medical professional housing, or long-term portfolio holding in an established neighborhood known for architectural character and proximity to downtown Joliet amenities. This home is turnkey in the truest sense - no deferred maintenance, no renovation guesswork, no capital improvement surprises. It shows like a model and reflects pride of workmanship throughout. Whether you are an investor seeking reliable cash flow and asset appreciation, a multi-generational family desiring proximity without compromise, or an owner looking for rental income, this opportunity checks every box. Properties in this condition and configuration rarely become available in the Cathedral Area. Schedule your private showing today and secure this exceptional investment before it's gone!

416 Buell Avenue, Joliet

$180,000
3 Beds 2 Baths 12510932 MLS CLOSED Status
This home is waiting for its new owners. It needs a little TLC and a white picket fence and this house will become your dream home. There are Two first floor bedrooms, there are hardwood floors under the carpet of these bedrooms, the main floor den can be used as a bedroom and the upstairs is finished and can be used as a master suite with a private sitting room that could double as a game room. Adjacent to the second floor bedroom is a cute room that could easily be a nursery. The kitchen is suitable for a family table and has a large eating area. The dining room is spacious and offers an opening to the living room. There is an oversized 2.5 car garage (25'x22') with a work bench and a 9'x 20' patio, PLUS! A second 1.5 car garage (19x15) with electricity on the second vacant lot and a 5'x20' covered patio. The extra lot MAYBE buildable with a zoning variance from the city of Joliet. The gas forced hot air furnace and circuit breaker box were replaced in 2024. The water heater is high efficiency. This home is blessed with plenty of storage and offers plenty of windows to invite in lots of natural light. The basement is waiting to be finished and has a 1/2 bath (the toilet needs to be replaced. There is also an auxiliary kitchen in the basement complete with a stove. There is only one garage opener in the two car garage. Please initial the AS-IS paragraph. The sellers will not do any repairs. Only conventional or cash offers.

1424 Highland Avenue, Joliet

$469,860
3 Beds 2 Baths 12283761 MLS CLOSED Status
**Ask about up to 20K in "Flex Cash" on this home to use towards a rate buy down, purchase price or closing costs OR take advantage of a 2/1 buy down!!** YES!!! a spacious Ranch with a lookout basement!! Can you use an additional 20K to use towards your purchase price, rate buy down, and Closing costs!?!?!? Now is the time to check out this HOT community! Set amongst other new ranch homes, you'll find this home a top choice as it features an open floor plan that maximizes every inch of space. The office space is set apart from the home, creating the perfect spot for work or an optional guest area. The bright and airy kitchen has plenty of cabinets, trendy stainless steel appliances, and quartz counters. With a spacious island, this space is combined with the breakfast area and family room, making this ideal for gatherings and feeling connected. The owner's suite features an en-suite bathroom for ultimate privacy and relaxation. Two additional well-sized bedrooms provide space for guests or other hobbies, and they are conveniently located near the second full bathroom. Quaint patio for outside enjoyment and peace of mind, knowing lawn and snow removal are covered! A home with luxury living space, amenities galore, and a variety of indoor and outdoor activities nearby can only mean continued enjoyment. Depending on the destination, you can choose to walk, bike or drive to nearby hiking trails, parks, and rivers. A PRIME location, this community is within close proximity to several area golf courses, the Plainfield and Shorewood YMCA locations as well as the Inwood recreational center. Looking for a night out? Lakewood Prairie is centrally located near it all, including shopping! Come and see the magic being built at Homesite 598. Photos displayed are of a rendering or similar home or model and may not reflect the home being sold.

7604 Currant Drive, Joliet

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Joliet, IL · Curated MLS Search

Cash Only Homes in Joliet, IL

An editorially curated view of every active cash only homes listing in Joliet, IL. Updated in real time from the local MLS, presented without the noise.

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