101 Eastern Avenue, Joliet, Illinois 60433
$399,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1909 |
| Property Taxes: | $5,583 |
| Days On Market: | 16 |
| Lot Size: | 0,00 |
Description
This solid 2-unit building delivers the perfect blend of space, convenience, and strong financial performance, generating approximately $49,200 in annual residential rent plus an additional $4,800 from parking income-a standout opportunity for any investor. The property offers extensive parking, including a covered 2-car carport and plenty of uncovered spaces, a rare advantage in this area. The bright and well-laid-out upper unit includes access to a full attic with 8-foot ceilings, offering tremendous potential to expand into a large duplex-style layout or create additional living space to maximize future value. Its strategic location places you just minutes from Downtown Joliet, the Metra Rock Island Line, shopping, restaurants, schools, parks, and quick connections to I-80 and I-55, ensuring high rental demand and long-term stability. A versatile, income-producing property with clear room for growth, ready to perform from day one.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1909 | |
| — | |
| — | |
| No | |
| — |
| Will | |
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| — / — | |
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| — | |
| 12526230 | |
| 3007151100170000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 30 Jun, 2021 | Sold | $231,000 | MRED MLS |
| 7 May, 2021 | Under contract | $229,900 | MRED MLS |
| 5 May, 2021 | Listed for sale | $229,900 | MRED MLS |
| 21 Aug, 2024 | Sold | $350,000 | MRED MLS |
| 28 Jun, 2024 | Under contract | $350,000 | MRED MLS |
| 1 May, 2024 | Listed for sale | $350,000 | MRED MLS |
| 2 Dec, 2025 | Listed for sale | $399,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 90X102 | |
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| — | |
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| — | |
| Not in DB | |
| — | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $3,346 |
| 2024 | $4,947 |
| 2025 | $5,583 |
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Listing Provided By
Charles Rutenberg Realty of IL
