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Joliet, IL Multifamily Homes & Duplexes for Sale

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  • /22

    $234,900

    • 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

    $235,000

    • 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
  • /20

    $269,000

    • 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
  • /11

    $365,000

    • 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
  • /24

    $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
  • /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
  • /7

    $225,000

    • 2 Beds
    • 3 Baths

    435 W Marion St, Joliet, IL 60436

    Great Investment opportunity! 2 unit on a corner lot. 2bed 1 bath in each unit with great sized bedrooms. Units are being rented month to month.

    Ayman El-Shafie eXp Realty

    435 W Marion St, Joliet, IL 60436
  • /28

    $399,900

    • 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

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
$341,500
Median Single Family Sale Price
$389,000
Median Townhouse Sale Price
$325,000
Median 2 Bedroom Sale Price
$179,900
Average Price Per Sq Ft
$188
Number of Homes for Sale
29
Last 12 months Home Sales
197
Months of Supply
1.80
Median List Price
$364,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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