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7 Beds ⋅ 4 Baths ⋅ 12736852 MLS ⋅ CONTINGENT Status

Well-Maintained Vintage Brick Three-Flat Offering Spacious Units, 4-Car Garage, and Strong Income Potential. Pride of ownership is evident throughout this solid all-brick legal 3-unit building, owner-occupied and carefully maintained by the same family for more than 25 years. Unlike many investment properties, this building has benefited from long-term stewardship and ongoing maintenance, making it an exceptional opportunity for both investors and owner-occupants. Major capital improvements have already been completed, including replacement windows throughout the top and main units, a newer furnace and water heater (approximately 3 years old), and a roof replaced approximately 10 years ago. Ideally located just minutes from Downtown Joliet with convenient access to I-80 via both Richards Street and Briggs Street corridors, the property offers easy commuting throughout the Chicagoland area while remaining close to shopping, dining, employment centers, schools, and public transportation. The building features approximately 2,885 square feet of living space across three legal units, including a spacious 1,056 sq. ft. top-floor unit, a 1,079 sq. ft. main-floor unit, and a 750 sq. ft. garden unit. Additional amenities include enclosed rear porches providing valuable tenant storage, a shared laundry area, and a highly desirable 4-car detached garage with individual overhead doors, offering additional income potential and a feature seldom found in comparable multifamily properties. For owner-occupants, this property presents an outstanding opportunity to live in one unit while rental income from the remaining units helps with mortgage and living expenses. For investors, the building offers immediate cash-flow potential from day one with strong rental demand, separate electric service to each unit, and market rents in the area typically ranging from approximately $1,300 to $1,600 per unit. The combination of solid brick construction, large unit sizes, extensive mechanical updates, garage income potential, and a convenient commuter-friendly location creates a compelling value proposition for anyone seeking long-term wealth building through real estate. Ready to produce passive income from the moment you close. Property is Being Sold As-Is.

211 Casseday Avenue, Joliet

$625,000

2 Beds ⋅ 2 Baths ⋅ 12735547 MLS ⋅ ACTIVE Status

Welcome to this beautifully maintained 4-BEDROOM, 1.5-BATH home situated on an incredible 7+ ACRES. Offering the perfect balance of comfortable living and expansive outdoor space, this rare property combines the privacy of country living with the convenience of nearby shopping, dining, major highways, and everyday amenities. Inside, you'll find a bright, inviting layout featuring hardwood flooring throughout the main living and dining areas. The updated kitchen offers abundant cabinetry, generous counter space, stainless steel appliances, and an additional dining area making everyday living and entertaining effortless. The true highlight of this property is the land. Spanning over 7 acres with a mix of open farmland and mature trees, the possibilities are endless. Whether you're looking to enjoy wide-open green space, hobby farm, garden, create recreational areas, or simply appreciate the privacy and scenic surroundings, this property offers an opportunity that's becoming increasingly difficult to find. A long driveway and detached garage complete the impressive setting. Ideally located just minutes from the CenterPoint Intermodal Center and major transportation corridors, the property also offers potential future investment appeal. Properties offering this combination of a move-in-ready home, over 7 acres of land, and a highly convenient location rarely come to market. Don't miss this exceptional opportunity!

19709 W Schweitzer 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

$465,000

6 Beds ⋅ 5 Baths ⋅ 12551115 MLS ⋅ CLOSED Status

This one-of-a-kind four-unit property presents a rare opportunity to live in a beautifully renovated single-family home while generating income from additional units on the same lot. The front residence features 3 bedrooms and 2 full bathrooms, showcasing new laminate flooring, new carpet, fresh paint, and a bright, open layout that is truly move-in ready. The rear of the property includes three fully occupied 1-bedroom, 1-bath apartments, providing immediate and consistent rental income. Additional highlights include a 1-car garage and an exceptionally large workspace, perfect for storage, hobbies, or a home workshop-adding even more functionality and value to the property. Ideally located on a quiet, tucked-away street just minutes from Downtown Joliet, major highways, shopping, and the University of St. Francis, this property delivers both lifestyle convenience and long-term investment potential. Turn key, income-producing properties like this don't last long . Schedule your private showing today.

620 Clement Street, Joliet

$375,000

6 Beds ⋅ 4 Baths ⋅ 12130914 MLS ⋅ CLOSED Status

Don't miss this rare opportunity to own not one, but two homes on a single PIN! The main residence is a beautifully maintained two-story home, offering ample space and versatility. On the main level is a full bathroom with den attached, beautiful fireplace, dining room, family room, and living room. Upstairs you will find 4 bedrooms, full bathroom, and attic access. It features a fully finished basement perfect for related living, complete with a separate laundry room, full bathroom, cozy bedroom, a full kitchen, and separate exterior access. Tucked away at the back of the property, you'll find a charming second home-ideal for guests, extended family, or rental income. This 1-bedroom, 1-bathroom home also includes its own basement, providing additional storage or potential for further customization. This unique setup is perfect for investment opportunities or simply enjoying the luxury of extra space. Don't wait-properties like this don't come around often!

1419-1421 E Washington Street, Joliet

$1,375,000

12021985 MLS ⋅ CLOSED Status

520 Bellarmine Drive, Joliet

$1,375,000

12021534 MLS ⋅ CLOSED Status

ARE YOU THINKING OF GETTING IN THE INVESTMENT GAME OR INCEASING YOUR REAL ESTATE PORTFOLIO? THEN THIS ALL BRICK 12 UNIT BUILDING IS FOR YOU! THIS BUILDING IS A CASH COW WITH LONG TERM TENANTS. IT HAS BEEN WELL MANAGED AND TAKEN CARE OF. THE CURRENT MANAGEMENT COMPANY IS WILLING TO STAY ON WITH A NEW OWNER. THE OWNER FOR OVER 40 YEARS IS RETIRING AND LOOKING TO MOVE HIS PROPERTIES. THIS IS A GREAT OPPORTUNITY TO BUY A TURN KEY INVESTMENT! ALSO AVAILABLE FOR SALE BY THE SAME OWNER IS THE BUILDING NEXT DOOR-520 BELLARMINE- ALSO A 12 UNIT. HE'S OPEN TO OFFERS ON BOTH BUILDINGS AS A PACKAGE DEAL. BUY ONE OR BUY TWO, BUT DON'T MISS OUT ON THIS OPPORTUNITY!

512 Bellarmine Drive, Joliet

$372,500

6 Beds ⋅ 4 Baths ⋅ 11990484 MLS ⋅ CLOSED Status

Amazing opportunity to acquire a four-unit rowhouse in Joliet, IL, offering significant potential for value enhancement. The property comprises two 2-bedroom units and two 1-bedroom units, all currently in rentable condition, with minor deferred maintenance. A savvy investor can leverage the initial months' excess cashflow to address these maintenance items, subsequently boosting the property's value and rental rates. The existing rents are well below market rates. The property is owned by an Illinois licensed real estate broker. Situated in Joliet's coveted Cathedral District, renowned as one of the city's most desirable locations, the area benefits from a diverse blue-collar workforce, supported by two major casinos-Harrah's and Hollywood Casino. The Cathedral District has experienced a rise in rental prices, historic low vacancies, and a limited inventory, making it an attractive investment. Additionally, Will County's favorable tenant laws and lower property taxes have contributed to a thriving investment environment, with properties commanding cap rates around 6%.

1015 N Broadway Street, Joliet

$372,500

6 Beds ⋅ 4 Baths ⋅ 11990483 MLS ⋅ CLOSED Status

Don't miss out on this exclusive chance to acquire a unique gem-a 4-unit rowhouse nestled in the heart of Joliet, IL, offering immense potential for value enhancement. Comprising two spacious 2-bedroom units and two cozy 1-bedroom units, this property presents a lucrative opportunity for savvy investors. With current rents well below the market rate, this investment promises substantial returns and long-term prosperity. Owned by IL Licensed RE Broker. Joliet's historic Cathedral District is one of the most desirable locations in the City of Joliet. The city maintains a diverse blue-collar work force with the local economy being propped up by 2 major casinos; Harrah's and the Hollywood Casino. Rental prices have been steadily increasing and vacancies have been reaching historic lows with the limited existing rental inventory available. Will County's relatively lenient tenant laws and lower property taxes have made it a hotbed for investors in the past few years with properties commanding cap rates hovering around the 6% mark.

1011 N Broadway Street, Joliet

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