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Crest Hill, IL Multifamily Home for Sale

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    $6,750,000

    900-934 & 825-835 N Prairie & North Raynor Ave, Joliet, IL 60435

    Never listed before and offered together as a rare portfolio acquisition, 900-934 N Prairie Avenue and 825-835 N Raynor Avenue comprise a well-maintained, 40-unit multifamily investment located in the Cathedral District of Joliet, IL. The portfolio consists of 34 townhouse style units at Prairie Avenue and 6 townhouse style units at Raynor Avenue, both properties are currently fully occupied.

    Kathleen Long Citypoint Illinois LLC

    900-934 & 825-835 N Prairie & North Raynor Ave, Joliet, IL 60435

Why Live in Crest Hill

Crest Hill, Illinois, located in Will County, is a suburban city approximately 40 miles southeast of Chicago. Residents enjoy a small-town atmosphere with convenient access to major highways, making it ideal for commuters. The city features a variety of eateries and shopping centers, particularly along Plainfield Road, which facilitates easy shopping commutes. Crest Hill offers numerous parks for outdoor activities such as hiking, snowshoeing, and cross-country skiing, with popular spots including the 680-acre Prairie Bluff Preserve and Theodore Marsh. The fall season brings attractions like Siegel’s Cottonwood Farm’s pumpkin festival, while summer activities include swimming at Chaney Pool. Dining options are diverse, with establishments like The Southern Cafe and Merichka’s providing local flavors. Nightlife can be enjoyed at venues such as Jackie’s Slots & Shots. Crest Hill is home to highly rated schools, including Richland Elementary, Lockport Township High School - East Campus, and Joliet Catholic Academy. Housing in Crest Hill consists mainly of ranch-style and split-level properties, with some contemporary two-story homes in subdivisions like Carillon Lakes. The city is safer than the national average, offering a low crime risk. Public transportation options include Metra Train Service and Pace Bus Service, with easy access to Joliet’s train station and Chicago Midway International Airport. Major employers in the area include Amazon and the Stateville Correctional Center.

Home Trends in Crest Hill, IL

Housing Trends

Median Sale Price
$262,500
Median Single Family Sale Price
$270,000
Median Townhouse Sale Price
$250,000
Median 2 Bedroom Sale Price
$220,950
Average Price Per Sq Ft
$184
Number of Homes for Sale
36
Last 12 months Home Sales
252
Months of Supply
1.70
Median List Price
$269,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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