$450,000

Estimated payment $3,019/month

6 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This one-of-a-kind four-unit property presents a rare opportunity to live in a beautifully renovated single-family home while generating income from additional units on the same lot. The front residence features 3 bedrooms and 2 full bathrooms, showcasing new laminate flooring, new carpet, fresh paint, and a bright, open layout that is truly move-in ready. The rear of the property includes three fully occupied 1-bedroom, 1-bath apartments, providing immediate and consistent rental income. Additional highlights include a 1-car garage and an exceptionally large workspace, perfect for storage, hobbies, or a home workshop-adding even more functionality and value to the property. Ideally located on a quiet, tucked-away street just minutes from Downtown Joliet, major highways, shopping, and the University of St. Francis, this property delivers both lifestyle convenience and long-term investment potential. Turn key, income-producing properties like this don't last long . Schedule your private showing today.

Listing Agent

Kristen Roussev

Village Realty, Inc. License #475197044 Listed on: 01/20/2026

Village Realty, Inc.

Co-Listing Agent

Rhonda Gilmore

Village Realty, Inc. License #475206768

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,265

Year Built

  • Built in 1923

Parking

  • 1 Car Detached Garage
  • Parking Available

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Schools

  • Fairmont Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • Lot Dimensions are 50x130

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,265

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Elementary School: Fairmont School

Lot Info

  • Lot Dimensions: 50X130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 8265
  • Tax Year: 2024

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Other

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,741 $106,674 $15,676 $90,998
2023 $7,741 $94,779 $13,928 $80,851
2022 $7,918 $85,734 $12,599 $73,135
2021 $7,525 $80,073 $11,767 $68,306
2020 $7,140 $76,043 $11,175 $64,868
2019 $6,791 $70,672 $10,386 $60,286
2018 $6,507 $65,304 $9,597 $55,707
2017 $6,714 $68,747 $8,725 $60,022
2016 $6,803 $63,297 $7,999 $55,298
2015 $6,520 $59,350 $7,500 $51,850
2014 $6,520 $59,050 $7,450 $51,600
2013 $6,520 $62,585 $8,253 $54,332
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2026 01/20/26 For Sale $450,000 +25.6% --
03/31/2023 03/31/23 Sold $358,312 0.0% -- View Prior Sale
03/26/2023 03/26/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $358,300 +23.6% --
12/02/2019 12/02/19 Sold $290,000 -10.8% -- View Prior Sale
08/30/2019 08/30/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $325,000 +333.3% --
09/23/2016 09/23/16 Sold $75,000 +6.4% -- View Prior Sale
08/23/2016 08/23/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $70,500 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $290,000 Attorney
Special Warranty Deed $75,000 Premier Title
Sheriffs Deed -- Premier Title
Sheriffs Deed $131,400 Attorney
Quit Claim Deed -- --
Warranty Deed $216,000 --
Warranty Deed $145,000 --
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $279,837 FHA
Previous Owner $183,600 Purchase Money Mortgage
Previous Owner $140,849 FHA
Source: Public Records

About the Listing Agent

Kristen Roussev

Village Realty, Inc.

(779) 201-6617

Section Image

Kristen is a local real estate agent ready to assist you in achieving all your real estate aspirations. Whether you're a first-time homebuyer, a seller seeking relocation, or an investor aiming to expand your portfolio, Kristen is here to support you. Collaborating with a dedicated real estate agent has been shown to turn your real estate dreams into reality. Get in touch with Kristen today to begin your journey towards achieving your real estate dreams.

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12551115

Midwest Real Estate Data (MRED)

APN: 30-07-09-111-003