Seller's Agent in 2025
Nicole Cadena
Pilmer Real Estate, Inc
(630) 849-2000
1 in this area
1 Total Sale
217 Sherman St Joliet, IL 60433
Southeast Joliet Neighborhood
7
Beds
6
Baths
--
Sq Ft
0.3
Acres
Highlights
- Traditional Architecture
- Porch
- Multiple Water Heaters
- Balcony
- Forced Air Heating System
About This Home
As of November 2025Investor Opportunity - 4-Unit Property with Strong Cash Flow Large 4-unit property offering excellent investment potential. Three units are currently occupied by long-term tenants on month-to-month leases, providing stable rental income. One unit is vacant, giving you the chance to make minor upgrades and increase rental rates for added cash flow. This property is a great opportunity for both seasoned and first-time investors seeking steady monthly income with value-add potential. Showing Instructions: Owner must be present at all showings. Please allow a minimum of 48 hours to schedule, as showings must be coordinated with three tenants. Being sold AS-IS.
Last Agent to Sell the Property
Pilmer Real Estate, Inc License #475215449 Listed on: 08/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,931
Year Built
- Built in 1890
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 82x153
Home Design
- Traditional Architecture
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 6 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Parking
- 7 Parking Spaces
- Parking Available
- Parking Included in Price
- Unassigned Parking
Outdoor Features
- Balcony
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Multiple Water Heaters
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $200
- Trash Expense $200
- Water Sewer Expense $300
- Gross Income $52,680
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2025
Closed on
Oct 20, 2025
Sold by
Patterson Justin
Bought by
Kamal Shiraz
Seller's Agent
Nicole Cadena
Pilmer Real Estate, Inc
Buyer's Agent
Lorne Istre
RE/MAX Ultimate Professionals
List Price
$380,000
Sold Price
$383,000
Premium/Discount to List
$3,000
0.79%
Views
102
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$132,875
Avg. Annual Appreciation
-85.58%
Original Mortgage
$306,400
Interest Rate
6.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2017
Sold by
Edwards Jimmie F and Cartwright Jimmie F
Bought by
Patterson Justin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 1990
Bought by
Edwards Jimmie F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $387,000 | First American Title | |
| Warranty Deed | $169,000 | Fidelity National Title Ins | |
| Deed | $39,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $306,400 | New Conventional | |
| Previous Owner | $126,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | Sold | $383,000 | +0.8% | -- |
| 09/26/2025 09/26/25 | Pending | -- | -- | -- |
| 09/22/2025 09/22/25 | Price Changed | $380,000 | 0.0% | -- |
| 09/22/2025 09/22/25 | For Sale | $380,000 | -2.6% | -- |
| 09/10/2025 09/10/25 | Pending | -- | -- | -- |
| 08/25/2025 08/25/25 | For Sale | $390,000 | -- | -- |
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 | $4,931 | $58,874 | $11,810 | $47,064 |
| 2023 | $4,931 | $52,309 | $10,493 | $41,816 |
| 2022 | $4,370 | $47,317 | $9,492 | $37,825 |
| 2021 | $4,153 | $44,192 | $8,865 | $35,327 |
| 2020 | $3,940 | $41,968 | $8,419 | $33,549 |
| 2019 | $3,748 | $39,003 | $7,824 | $31,179 |
| 2018 | $3,591 | $36,041 | $7,230 | $28,811 |
| 2017 | $3,256 | $31,520 | $6,573 | $24,947 |
| 2016 | $3,118 | $29,009 | $6,026 | $22,983 |
| 2015 | $3,004 | $27,200 | $5,650 | $21,550 |
| 2014 | $3,004 | $27,050 | $5,600 | $21,450 |
| 2013 | $3,004 | $28,837 | $6,239 | $22,598 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Cadena
-
Lorne Istre
Buyer's Agent in 2025
Lorne Istre
RE/MAX
(630) 352-1751
6 in this area
57 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12454603
APN: 30-07-15-120-017
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