101 S Eastern Ave Joliet, IL 60433
Southeast Joliet NeighborhoodEstimated payment $2,537/month
Highlights
- 2 Car Detached Garage
- Forced Air Heating System
- 4-minute walk to Joliet Station
About This Home
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.
Listing Agent
Charles Rutenberg Realty of IL License #475183966 Listed on: 12/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,583
Year Built
- Built in 1909 | Remodeled in 2019
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Walk-Out Basement
- Lot Dimensions are 90x102
- Forced Air Heating System
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
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 |
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% | -- | View Prior Sale |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $350,000 | Ata/Gmt Title Agency | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $231,000 | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $12,250 | New Conventional | |
| Open | $343,660 | FHA | |
| Previous Owner | $173,250 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12526230
APN: 30-07-15-110-017
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