318 Dewey Street, Joliet, Illinois 60436
$260,000
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For Sale
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1930 |
| Property Taxes: | $4,323 |
| Days On Market: | 1 |
| Lot Size: | 0,00 |
Description
Well-maintained 2-unit investment opportunity offering strong cash flow and a functional layout. Each unit is tenant occupied so start cash-flowing right away! Each unit offers 2 bedrooms, 1 bath, and approximately 1,040 sq ft of living space. Each unit is filled with natural light and includes two private entrances-a front entrance leading to a porch and a rear entrance providing direct access to the driveway. Each unit can accommodate up to two vehicles, a rare and highly desirable feature for tenants. The building includes a basement for storage with coin-operated laundry and an assigned storage for each unit, providing added convenience and supplemental income potential. Utilities are efficiently structured with separate electric and gas meters for each unit, while water is owner-paid. Major components are in good condition, including newer gutters and a recently replaced water heater. Both units are currently occupied with written leases in place, making this a turnkey income-producing property from day one. Conveniently located near I-80 and just minutes from Downtown Joliet, this property offers easy access to shopping, dining, and transportation. Ideal for investors or owner-occupants seeking a solid, income-generating asset in a strong location. See private broker remarks for additional details.
Property Specifics
| Multi-unit | |
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| 1930 | |
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| No | |
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| Will | |
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| 12617517 | |
| 3007161250080000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Pershing Elementary School |
86 | — | |
|
Middle School
Dirksen Junior High School |
86 | Not in DB | |
|
High School
Joliet Central High School |
204 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 20 Nov, 2015 | Sold | $115,000 | MRED MLS |
| 11 Oct, 2015 | Under contract | $115,000 | MRED MLS |
| — | Last price change | $119,900 | MRED MLS |
| 16 Jun, 2015 | Listed for sale | $120,000 | MRED MLS |
| 27 Jun, 2022 | Sold | $207,500 | MRED MLS |
| 18 May, 2022 | Under contract | $214,800 | MRED MLS |
| 11 May, 2022 | Listed for sale | $214,800 | MRED MLS |
| 15 Apr, 2026 | Listed for sale | $260,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 50X138 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2015 | $3,104 |
| 2022 | $3,426 |
| 2026 | $4,323 |
Contact Agent
Contact Agent
Listing Provided By
Cirafici Real Estate
