511 3rd Ave Unit 513 Joliet, IL 60433
Southeast Joliet NeighborhoodEstimated payment $1,762/month
About This Home
RARE FIND!!! Beautifully Maintained All-Brick 2-flat on an oversized lot, offering exceptional durability, low upkeep, and long-term value. Each unit features 2 bedrooms and 1 bath, along with separate HVAC systems, allowing tenants to cover their own utility costs-an excellent benefit for owners looking to maximize income and reduce expenses. The comfortable floor plans and excellent condition make it clear this property has been thoughtfully maintained. A full basement provides excellent storage or room for future possibilities, while the two-car garage and additional concrete parking pad offer convenient off-street parking. Both units are currently rented and generating steady income, making this a strong opportunity for investors seeking a turnkey property. Low property taxes further enhance the financial appeal. Ideally located near schools, shopping, dining, and major highways, this property combines accessibility with lasting value. Whether you're an investor growing your portfolio or a buyer planning to live in one unit while renting the other, this well-kept building stands out as an exceptional choice.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,845
Year Built
- Built in 1910
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x122
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- 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 | $3,845 | $45,910 | $6,805 | $39,105 |
| 2023 | $3,845 | $40,791 | $6,046 | $34,745 |
| 2022 | $3,408 | $36,898 | $5,469 | $31,429 |
| 2021 | $3,239 | $34,462 | $5,108 | $29,354 |
| 2020 | $3,073 | $32,728 | $4,851 | $27,877 |
| 2019 | $2,923 | $30,416 | $4,508 | $25,908 |
| 2018 | $2,801 | $28,106 | $4,166 | $23,940 |
| 2017 | $2,640 | $25,554 | $3,788 | $21,766 |
| 2016 | $2,479 | $23,063 | $3,466 | $19,597 |
| 2015 | $3,154 | $28,550 | $3,250 | $25,300 |
| 2014 | $3,154 | $28,400 | $3,250 | $25,150 |
| 2013 | $3,154 | $30,752 | $3,586 | $27,166 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/05/2026 01/05/26 | Pending | -- | -- | -- | |
| 11/20/2025 11/20/25 | For Sale | $279,999 | +761.5% | -- | |
| 08/08/2014 08/08/14 | Sold | $32,500 | -6.9% | -- | View Prior Sale |
| 07/22/2014 07/22/14 | Pending | -- | -- | -- | |
| 06/28/2014 06/28/14 | Price Changed | $34,900 | -12.5% | -- | |
| 06/20/2014 06/20/14 | Price Changed | $39,900 | -11.1% | -- | |
| 05/10/2014 05/10/14 | For Sale | $44,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Administrators Deed | -- | None Listed On Document | |
| Special Warranty Deed | $32,500 | Attorneys Title Guaranty Fun | |
| Sheriffs Deed | -- | None Available | |
| Trustee Deed | -- | None Available | |
| Sheriffs Deed | $29,709 | None Available | |
| Warranty Deed | $55,000 | Ticor Title | |
| Quit Claim Deed | $23,500 | Ticor Title Insurance Compan |
About the Listing Agent
Mike's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12521138
APN: 30-07-15-225-016
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Ask me questions while you tour the home.