402 Allen Street, Joliet, Illinois 60436


$405,000

For Sale
Status: Contingent
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1899
Property Taxes: $5,807
Days On Market: 20
Lot Size: 0,00
Map
Street View

Description

Great opportunity at Joliet, IL. This solid 3-unit multifamily property with strong income and tons of potential. This is a perfect fit for investors looking for steady cash flow or buyers planning to use an owner-occupied loan. The property is very spacious, Current tenants on month-to-month basis, giving flexibility to the next owner. Located in the growing city of Joliet, one of the fastest-developing areas in the southwest suburbs with new businesses, ongoing development, and increasing rental demand. Just minutes from Downtown Joliet, close to Louis Joliet Mall, shopping, schools, parks, and with easy access to Interstate 80 and Interstate 55, the location makes it very attractive for tenants. As a great extra, the garage brings $400 per month in additional income, making this property an even smarter buy. (Room sizes are estimated. Photos reflect the condition of the property prior to tenant occupancy.)

Property Specifics

Multi-unit
1899
No
Will
— / —
12566011
3007161200070000

Property History

DATE: EVENT: PRICE: SOURCE:
6 Dec, 2018 Sold $58,700 MRED MLS
6 Nov, 2018 Under contract $79,900 MRED MLS
Last price change $89,900 MRED MLS
2 Jul, 2018 Listed for sale $99,900 MRED MLS
7 Aug, 2023 Sold $315,000 MRED MLS
17 Jun, 2023 Under contract $299,000 MRED MLS
12 Jun, 2023 Listed for sale $299,000 MRED MLS
26 Feb, 2026 Under contract $405,000 MRED MLS
10 Feb, 2026 Listed for sale $405,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
69x65
Not in DB

Tax History

Year Property Taxes
2018 $2,681
2023 $5,455
2026 $5,807

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Contact Agent

Listing Provided By

Charles Rutenberg Realty of IL