250 N Raynor Ave Joliet, IL 60435
Cathedral Area NeighborhoodEstimated payment $2,076/month
About This Home
Charming All-Brick 2-Unit in Joliet's Cathedral Area! A true money-maker in the sought-after Cathedral Area, this solid all-brick two-flat offers exceptional income potential and classic charm. The property features two spacious units-Unit 1 offers 2-3 bedrooms and Unit 2 offers 2 bedrooms-each with generous room sizes and functional layouts. Recent updates include water heaters replaced within the last 4 years, a furnace approximately 10 years old, new stove (2022), and new refrigerator (2021) in Unit 1. Both units are currently rented month-to-month and producing steady income at $1,250 and $1,125 per month, with tenants paying all utilities. Additional highlights include a full basement, 2-car garage, and a walk-up attic that could be finished for even more space or additional income potential. The property offers quick access to I-80 and I-55 and is conveniently located near shopping, restaurants, schools, and recreational activities, making it an excellent choice for both tenants and future owners. Perfect for an owner-occupant or investor, this is a rare opportunity to own a turn-key property in one of Joliet's most desirable neighborhoods. Act fast-this one won't last!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,849
Year Built
- Built in 1908
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 56x133x56x134
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Basement
- Basement Fills Entire Space Under The House
Schools
- Farragut Elementary School
- Dirksen Junior High School
- Joliet Central High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
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 | $7,849 | $93,709 | $20,377 | $73,332 |
| 2023 | $7,849 | $83,260 | $18,105 | $65,155 |
| 2022 | $6,955 | $75,314 | $16,377 | $58,937 |
| 2021 | $6,611 | $70,341 | $15,296 | $55,045 |
| 2020 | $6,272 | $66,800 | $14,526 | $52,274 |
| 2019 | $5,966 | $62,082 | $13,500 | $48,582 |
| 2018 | $5,716 | $57,367 | $12,475 | $44,892 |
| 2017 | $5,388 | $52,157 | $11,342 | $40,815 |
| 2016 | $5,159 | $59,137 | $10,398 | $48,739 |
| 2015 | $6,105 | $55,450 | $9,750 | $45,700 |
| 2014 | $6,105 | $55,150 | $9,700 | $45,450 |
| 2013 | $6,105 | $58,606 | $10,758 | $47,848 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $269,900 | +28.5% | -- | |
| 06/28/2019 06/28/19 | Sold | $210,000 | +5.5% | -- | View Prior Sale |
| 06/10/2019 06/10/19 | Pending | -- | -- | -- | |
| 06/08/2019 06/08/19 | For Sale | $199,000 | +47.4% | -- | |
| 10/16/2015 10/16/15 | Sold | $135,000 | -10.0% | -- | View Prior Sale |
| 09/06/2015 09/06/15 | Pending | -- | -- | -- | |
| 07/06/2015 07/06/15 | Price Changed | $150,000 | -3.2% | -- | |
| 06/30/2015 06/30/15 | Price Changed | $154,900 | -3.1% | -- | |
| 06/22/2015 06/22/15 | Price Changed | $159,900 | -5.9% | -- | |
| 06/15/2015 06/15/15 | Price Changed | $169,900 | -2.9% | -- | |
| 06/01/2015 06/01/15 | For Sale | $175,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $210,000 | First American Title | |
| Warranty Deed | $168,000 | Fidelity National Title Ins | |
| Warranty Deed | $135,000 | Fidelity | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $157,500 | New Conventional | |
| Previous Owner | $126,000 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12514076
APN: 30-07-09-311-015
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