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Joliet, IL Multifamily Homes & Duplexes for Sale

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  • /21

    $380,000

    • 7 Beds
    • 4 Baths

    409 State St, Joliet, IL 60432

    Investors Welcome! This well-maintained 4-unit building offers an excellent opportunity for steady rental income. The main floor features a spacious 3-bedroom/1-bath front apartment and a 1-bedroom/1-bath rear unit. The second floor includes a 2-bedroom/1-bath front unit and a 1-bedroom/1-bath rear unit. Major updates completed in 2017 include electric, plumbing, roof, windows, and insulation.

    Edilane Gallagher john greene, Realtor

    409 State St, Joliet, IL 60432
  • /26

    $299,000

    • 5 Beds
    • 2 Baths

    347 Pine St, Joliet, IL 60435

    Solid Two-Flat Investment Opportunity in Joliet's Evergreen Terrace/River Bluff Area! This two-flat offers a blend of stability with potential for growth, featuring long-term tenants, a 4 car garage, and spacious lot in this Joliet west-side neighborhood. The property includes a 2-bedroom unit and a 3-bedroom unit, each with comfortable layouts and strong rental history. For the turnkey

    Robin McGinn RE/MAX IMPACT

    347 Pine St, Joliet, IL 60435
  • /21

    $475,000

    • 5 Beds
    • 4 Baths

    230 Comstock St, Joliet, IL 60436

    Beautifully maintained and full of character, this stunning Victorian offers flexibility for investors, owner-occupants, or related living. The spacious main unit showcases soaring ceilings, elegant architectural details, and abundant natural sunlight. A main-floor bedroom adds convenience and versatility. Upstairs, you'll find two additional 1-bed/1-bath units-one a charming attic apartment with

    Elyse Moore Keller Williams Infinity

    230 Comstock St, Joliet, IL 60436
  • /12

    $165,000

    • 4 Beds
    • 2 Baths

    108 W Marion St, Joliet, IL 60436

    Investor's Dream in Downtown Joliet! Unlock the potential in this 2-unit property situated on a generous lot near the Joliet Courthouse, casino, and detention center-an ideal location for strong rental demand or redevelopment. Featuring a total of 4 bedrooms and 2 full baths, plus a driveway for added parking. The unfinished basement offers room for storage or future expansion. Key updates

    Oscar Darden DEI Realty LLC

    108 W Marion St, Joliet, IL 60436
  • /9

    $260,000

    • 6 Beds
    • 3 Baths

    205 Union St, Joliet, IL 60433

    Seller has instructed me to reduce the list price of this building to $260,000. A $20,000 savings to its new owner! With some blood, sweat, hard work and imagination you can own this four unit. It is in need of a complete rehab. It does have separate 5 gas and 4 electric meters. There is one water meter. The building is being sold in AS-IS condition. The seller will not do any repairs or

    Bob Vergo Karges Realty

    205 Union St, Joliet, IL 60433
  • /8

    $340,000

    • 6 Beds
    • 3 Baths

    8 Osgood St, Joliet, IL 60433

    Don't miss this spacious 2-unit property offering great rental income potential! Each unit features 3 bedrooms, 1 full bath, a generous living room, and a dining room, providing plenty of space for tenants. The property also includes a large lot, perfect for outdoor enjoyment. Easy access to the expressway Both units are currently rented, making this an excellent opportunity for an investor

    Melanie Miller Keller Williams ONEChicago

    8 Osgood St, Joliet, IL 60433
  • /14

    $400,000

    • 2,160 Sq Ft

    113 N Center St, Joliet, IL 60435

    Cash flow on day 1! Fully rented 5 studio apartment building near downtown Joliet and University of St. Francis. All 5 units updated within last 8 years and one brand new in 2024. Great turn-key investment with room for rents to grow! One unit can be shown to preapproved potential buyers; all units shown after contract accepted. Listing agent has small interest in property as previous manager.

    Jeff Jakob Coldwell Banker Real Estate Group

    113 N Center St, Joliet, IL 60435
  • /32

    $1,210,000

    112 N Center St, Joliet, IL 60435

    INVESTOR ALERT! Fantastic investment opportunity in Joliet IL, a solid 8-unit brick building in the heart of Joliet offering strong rental income and future upside. Property features a mix of one- and two-bedroom apartments, well-maintained common areas, street parking, and recent updates including roof and mechanicals. Tenants enjoy convenient access to highways, shopping, schools, and public

    Kyle Miller Citypoint Illinois LLC

    112 N Center St, Joliet, IL 60435
  • /20

    $250,000

    • 4 Beds
    • 2 Baths

    305 Irving St, Joliet, IL 60432

    Turn-Key Investment Opportunity Near Downtown Joliet! Welcome to this well- maintained, income-producing 2 unit property, situated just minutes from the heart of Downtown Joliet. You can live in one, rent out the other, or fully rent out the property, which currently has both units rented and generating income. Each unit features 2 bedrooms and 1 full bath, offering comfortable living spaces.

    Rachel Derry Town Center Realty LLC

    305 Irving St, Joliet, IL 60432
  • /22

    $225,000

    • 4 Beds
    • 2 Baths

    511 Irving St, Joliet, IL 60432

    Legal 2-Unit in Prime Joliet Location - So Much Space! Don't miss this solid investment opportunity or perfect setup for related living! This legal 2-unit home offers two spacious units, each with a living/family room, full kitchen, and 2+ bedrooms-plus a finished attic and partially finished basement with room for a future laundry area.The home has great bones and all major components are

    Leticia Marquez You Properties LLC

    511 Irving St, Joliet, IL 60432
  • /2

    $215,000

    • 3 Beds
    • 2 Baths

    500 S Ottawa St, Joliet, IL 60436

    The primary parcel, identified by PIN 3007164180270000, is improved with two, single family detached houses. This listing includes an adjacent unimproved parcel identified by PIN 3007164180210000. Unit 1 (500 S. Ottawa) includes 2 bedrooms, 1 full bathroom, and finished basement. Unit 2 (502 S Ottawa) includes 2 bedrooms and 1 full bathroom. Off alley parking is provided to the rear of the

    Michael Smetana The Koenig Group Inc

    500 S Ottawa St, Joliet, IL 60436
  • /11

    $350,000

    • 3 Beds
    • 3 Baths

    17 S Cagwin Ave, Joliet, IL 60436

    This legally zoned 3 unit property offers strong income potential and unique character, along with an extra lot for added value. All three 1 bedroom units are currently rented to on time paying tenants, making this an ideal investment opportunity. The upstairs unit is especially spacious and features a large, private balcony, perfect for an owner occupant. The two lower units enjoy access to

    Kayleen Iniguez Casa Moderna Real Estate

    17 S Cagwin Ave, Joliet, IL 60436
  • /2

    $320,000

    • 4 Beds
    • 4 Baths

    376 N Hickory St, Joliet, IL 60435

    Great and well-maintained 2-Unit in the wonderful Cathedral Area / Great home to live in and rent out the other unit or keep the tenants as an investment home // This building is next to a park // Plenty of rear parking space with garage // large units with plenty of space and some updates // Roof is 9 years old // Furnace is brand-new // and so much more

    David Hulbert Carter Realty Group

    376 N Hickory St, Joliet, IL 60435
  • /19

    $442,000

    • 4 Beds
    • 4 Baths

    316 Oneida St, Joliet, IL 60435

    2 studios, 1 - 2 bedroom, 1 - 1 bedroom.

    Matt Kovarik Futurevision, Inc.

    316 Oneida St, Joliet, IL 60435
  • /28

    $389,900

    • 5 Beds
    • 3 Baths

    214 N Hickory St, Joliet, IL 60435

    SELLER FINANCING AVAILABLE WITH AS LITTLE AS 10% DOWN! - Buyer must qualify with full application, credit check, background check and income verification. Here is a great 3 unit residential property in a perfectly situated Joliet location. Main level features a 3 bedroom 1 bathroom spacious apartment. There are 2, one bedroom/1 bathroom units on the 2nd floor. All 3 units are roomy. New roof

    Omar Tharani Keller Williams Infinity

    214 N Hickory St, Joliet, IL 60435
  • /2

    $269,000

    • 4 Beds
    • 2 Baths

    404 N Center St, Joliet, IL 60435

    Opportunity Awaits in Westside/Joliet! Don't miss this 2-unit property sitting on two full lots-a rare find! Offering a total of 4 bedrooms and 2 full baths, this home features beautiful hardwood floors throughout. Highlights include: One-car garage plus side drive for additional tenant parking Full basement with plenty of storage Updated electrical panels 2019 Second-floor unit

    Raul Hernandez Catalina Group LLC

    404 N Center St, Joliet, IL 60435

Why Live in Joliet

Racing culture and entertainment define life in Joliet, with the Route 66 Raceway hosting adrenaline-pumping drag racing events and Chicagoland Speedway bringing NASCAR excitement. The historic Rialto Square Theatre anchors downtown's cultural scene with concerts and performances in an architecturally stunning venue. Outdoor recreation spans from hiking trails at Pilcher Park to water slides at Splash Station Waterpark. The dining landscape features upscale options like Cut 158 Chophouse and Mousa Greek Taverna alongside local favorites such as Cemeno's Pizza, serving thin-crust pies since 1976.

The housing market in Joliet presents diverse options across its neighborhoods. The median single-family home price sits at $285,000, while townhomes command a median price of $325,000. Condominiums range from a median of $98,700 for one-bedroom units to $190,000 for two bedrooms. The Cathedral Area neighborhood features single-family homes at a median price of $274,900, while Crystal Lawns homes typically sell for a median of $300,000.

Living costs run 6.5% below the national average. A family with school-age children needs approximately $100,000 annually to live comfortably, with $23,000 allocated to housing and $19,000 to groceries. Property taxes stand at 2.35%, matching neighboring Plainfield and Romeoville. The city connects to Chicago via I-55 and two Metra lines, with downtown Chicago accessible in 45 to 60 minutes. Education options include highly rated institutions like Union Elementary School and Joliet Catholic Academy, plus the University of St. Francis for higher education.

Home Trends in Joliet, IL

Housing Trends

Median Sale Price
$269,000
Median Single Family Sale Price
$275,000
Median Townhouse Sale Price
$322,500
Median 2 Bedroom Sale Price
$194,900
Median 1 Bedroom Sale Price
$110,555
Average Price Per Sq Ft
$184
Number of Homes for Sale
263
Last 12 months Home Sales
1,323
Months of Supply
2.40
Median List Price
$279,700
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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