NOT LISTED FOR SALE

Estimated Value: $293,000 - $393,970

6 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold August 21, 2024

Last sale price $350,000

Est. 5% increase in value since last sale

Current estimated payment $2,371/month

51 Days on Market

Highlights

  • Corner Lot
  • 4-minute walk to Joliet Station
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Porch
  • Multiple Water Heaters

About This Home

As of August 2024

This solid 2-unit building delivers the perfect blend of space, convenience, and strong financial performance, generating approximately $49,200 in annual residential rent plus an additional $4,800 from parking income-a standout opportunity for any investor. The property offers extensive parking, including a covered 2-car carport and plenty of uncovered spaces, a rare advantage in this area. The bright and well-laid-out upper unit includes access to a full attic with 8-foot ceilings, offering tremendous potential to expand into a large duplex-style layout or create additional living space to maximize future value. Its strategic location places you just minutes from Downtown Joliet, the Metra Rock Island Line, shopping, restaurants, schools, parks, and quick connections to I-80 and I-55, ensuring high rental demand and long-term stability. A versatile, income-producing property with clear room for growth, ready to perform from day one.

Last Agent to Sell the Property

Jeff Jakob

Coldwell Banker Real Estate Group License #475176651 Listed on: 05/01/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Anna Sophia Chacon

Charles Rutenberg Realty of IL License #475183966

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 1909 | Remodeled in 2019

Lot Details

  • Lot Dimensions are 90x102
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Tandem Garage
  • Garage Door Opener
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Multiple Water Heaters

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 2 Units
  • Gross Income $44,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,947

Year Built

Built in 1909 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1909
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Multiple Water Heaters
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 6
  • Garage Details: Garage Door Opener(s),Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 90X102
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 44100
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4947
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Aug 14, 2024
Sold by
Center Street Joliet Llc
Bought by
Garcia Robert Real
Seller's Agent
Jeff Jakob
Coldwell Banker Real Estate Group
Buyer's Agent
Anna Sophia Chacon
Charles Rutenberg Realty of IL
List Price
$350,000
Sold Price
$350,000
Views
37
Current Estimated Value
$366,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,743
Avg. Annual Appreciation
3.28%
Original Mortgage
$12,250
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2021
Sold by
Etchison Paul
Bought by
Center Street Joliet Llc

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 30, 2021
Sold by
Mcdaniel Donnell and Mcdaniel Wayne
Bought by
Etchison Paul E
Seller's Agent
Deandre Smith
Coldwell Banker Real Estate Group
Buyer's Agent
Jeff Jakob
Coldwell Banker Real Estate Group
Sold Price
$231,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$173,250
Interest Rate
2.96%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Robert Real $350,000 Ata/Gmt Title Agency
Center Street Joliet Llc -- Attorney
Etchison Paul E $231,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Garcia Robert Real $12,250
Open Garcia Robert Real $343,660
Previous Owner Etchison Paul E $173,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2026 01/05/26 For Sale $399,000 0.0% --
12/15/2025 12/15/25 Pending -- -- --
12/02/2025 12/02/25 For Sale $399,000 +14.0% --
08/21/2024 08/21/24 Sold $350,000 0.0% --
06/28/2024 06/28/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $350,000 0.0% --
05/09/2024 05/09/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $350,000 +51.5% --
06/30/2021 06/30/21 Sold $231,000 +0.5% -- View Prior Sale
05/08/2021 05/08/21 For Sale -- -- --
05/07/2021 05/07/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $229,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,583 $66,651 $13,157 $53,494
2023 $5,583 $59,219 $11,690 $47,529
2022 $5,283 $53,567 $10,574 $42,993
2021 $3,527 $37,528 $9,876 $27,652
2020 $3,346 $35,639 $9,379 $26,260
2019 $3,183 $33,122 $8,717 $24,405
2018 $3,050 $30,606 $8,055 $22,551
2017 $2,874 $27,826 $7,323 $20,503
2016 $2,797 $26,023 $6,719 $19,304
2015 $2,718 $24,400 $6,300 $18,100
2014 $2,718 $24,250 $6,250 $18,000
2013 $2,718 $26,086 $6,927 $19,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12044307

Midwest Real Estate Data (MRED)

APN: 30-07-15-110-017