Mike Musa
Keller Williams Preferred Rlty
(708) 765-6602
43 Total Sales
1 in Northeast Joliet
$272,500 Price
409 State St Joliet, IL 60432
Northeast Joliet NeighborhoodEstimated Value: $356,000 - $431,000
7
Beds
4
Baths
--
Sq Ft
3,920
Sq Ft Lot
About This Home
As of December 2025Investors Welcome! This well-maintained 4-unit building offers an excellent opportunity for steady rental income. The main floor features a spacious 3-bedroom/1-bath front apartment and a 1-bedroom/1-bath rear unit. The second floor includes a 2-bedroom/1-bath front unit and a 1-bedroom/1-bath rear unit. Major updates completed in 2017 include electric, plumbing, roof, windows, and insulation. Each unit is separately metered for gas and electric and has its own furnace and water heater. The front units on both levels include in-unit laundry with washer/dryer combos. Tenants are responsible for gas and electric, while the landlord pays water, and garbage. Exterior access to basement/cellar. All units are currently occupied, perfect for investors seeking a stable, income-producing property.
Last Agent to Sell the Property
john greene, Realtor License #475214360 Listed on: 10/14/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,963
Year Built
- Built in 1907
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 34 x 150
- Fenced
Home Design
- Stone Foundation
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement Cellar
Parking
- 3 Parking Spaces
- Parking Available
- On-Street Parking
Schools
- Sator Sanchez Elementary School
- Gompers Junior High School
- Joliet Central High School
Additional Features
- 4-Story Property
- Heating System Uses Natural Gas
Community Details
- 4 Units
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2025
Closed on
Nov 10, 2025
Sold by
Bought by
Seller's Agent
Edilane Gallagher
john greene, Realtor
Buyer's Agent
Lorne Istre
RE/MAX Ultimate Professionals
List Price
$380,000
Sold Price
$380,000
Views
26
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
$20,984
Avg. Annual Appreciation
8.35%
Original Mortgage
$304,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 4, 2022
Closed on
Nov 14, 2022
Sold by
Bought by
Seller's Agent
Magdalena Meers
Spring Realty
Buyer's Agent
Jeffrey Gregory
Realty Executives Success
List Price
$325,000
Sold Price
$325,000
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$243,750
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2009
Sold by
Bought by
Purchase Details
Closed on
May 18, 2009
Sold by
Bought by
Purchase Details
Closed on
Mar 11, 2009
Sold by
Bought by
Purchase Details
Closed on
May 17, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
11.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 8, 1998
Sold by
Bought by
Purchase Details
Closed on
Oct 19, 1995
Sold by
Bought by
Purchase Details
Closed on
May 27, 1994
Sold by
Bought by
Purchase Details
Closed on
Dec 27, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northeast Joliet, IL
-
Mike Musa
-
Jorge Vigil
Jorge Vigil
HomeSmart Realty Group
(877) 554-1280
60 Total Sales
1 in Northeast Joliet
$145,000 Price
-
Eddie Ruettiger
Eddie Ruettiger
Exit Real Estate Specialists
(708) 719-9080
232 Total Sales
1 in Northeast Joliet
$120,000 Price
-
Ernestina Preciado
Ernestina Preciado
RE/MAX 10
(708) 998-4209
169 Total Sales
2 in Northeast Joliet
$105K - $239K Price Range
-
Linda Weigt
Linda Weigt
LaMore Realty
(815) 860-2813
112 Total Sales
1 in Northeast Joliet
$170,000 Price
-
Tiana Key
Tiana Key
Redhawk Realty IL
(708) 859-6233
76 Total Sales
1 in Northeast Joliet
$189,900 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $380,000 | Chicago Title | ||
| $325,000 | First American Title | ||
| $37,500 | First American Title | ||
| -- | None Available | ||
| $75,000 | None Available | ||
| $225,000 | Ticor Title | ||
| $110,000 | -- | ||
| $25,000 | Greater Illinois Title Compa | ||
| $85,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $304,000 | ||
| Closed | $243,750 | ||
| Previous Owner | $225,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2025 12/01/25 | Sold | $380,000 | 0.0% | -- | |
| 10/20/2025 10/20/25 | Pending | -- | -- | -- | |
| 10/14/2025 10/14/25 | For Sale | $380,000 | +16.9% | -- | |
| 11/15/2022 11/15/22 | Sold | $325,000 | 0.0% | -- | View Prior Sale |
| 10/11/2022 10/11/22 | Pending | -- | -- | -- | |
| 10/04/2022 10/04/22 | For Sale | $325,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,249 | $71,195 | $6,274 | $64,921 |
| 2023 | $5,963 | $63,256 | $5,574 | $57,682 |
| 2022 | $5,284 | $57,219 | $5,042 | $52,177 |
| 2021 | $5,022 | $53,441 | $4,709 | $48,732 |
| 2020 | $4,765 | $50,751 | $4,472 | $46,279 |
| 2019 | $4,532 | $47,166 | $4,156 | $43,010 |
| 2018 | $4,343 | $43,583 | $3,840 | $39,743 |
| 2017 | $4,093 | $39,624 | $3,491 | $36,133 |
| 2016 | $3,922 | $36,489 | $3,200 | $33,289 |
| 2015 | $3,838 | $15,889 | $3,000 | $12,889 |
| 2014 | $3,838 | $34,850 | $3,000 | $31,850 |
| 2013 | $3,838 | $36,844 | $3,341 | $33,503 |
Source: Public Records
Agents Affiliated with this Home
-
Edilane Gallagher
E
Seller's Agent in 2025
Edilane Gallagher
john greene Realtor
(630) 820-6500
1 in this area
20 Total Sales
-
Lorne Istre
Buyer's Agent in 2025
Lorne Istre
RE/MAX
(630) 352-1751
1 in this area
55 Total Sales
-
Magdalena Meers
Seller's Agent in 2022
Magdalena Meers
Spring Realty
(630) 670-3969
1 in this area
51 Total Sales
-
Jeffrey Gregory
Buyer's Agent in 2022
Jeffrey Gregory
Realty Executives
(815) 954-7314
3 in this area
197 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12495701
APN: 30-07-10-131-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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