514 Campbell Street, Joliet, Illinois 60435
$310,000
|
For Sale
|
|
| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1880 |
| Property Taxes: | $5,777 |
| Days On Market: | 0 |
| Lot Size: | 0,17 |
Description
6 BEDROOM 2-UNIT WITH UPDATED MECHANICALS, NEW ROOF (2025), AND STRONG CASH FLOW POTENTIAL IN THE SOUGHT-AFTER CATHEDRAL AREA! Solid investment opportunity in Joliet featuring a spacious 2-unit layout with a 2 bed / 1 bath unit and a larger 4 bed / 1 bath unit, currently generating $2,800/month in total income including additional garage rent. Located in the sought-after Cathedral Area near downtown Joliet, this property offers convenient access to major highways including I-80 and Route 30, along with nearby shopping, dining, and local amenities. Major updates provide a strong foundation for long-term ownership, including updated electrical panels, multiple furnaces, separate water heaters, and a brand new roof in 2025. Unit 1 features central A/C, while Unit 2 is ready for A/C hook-up. Situated on a generous lot, the property includes two garages and additional off-alley parking. A full basement offers storage and potential to add value with future improvements such as shared laundry. The interior condition presents a value-add opportunity, allowing the next owner to update and increase rents over time. Ideal for investors looking to expand their portfolio or buyers seeking a house-hack opportunity.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1880 | |
| — | |
| — | |
| No | |
| 0.17 |
| Will | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12622378 | |
| 3007093180050000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Farragut 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: |
|---|---|---|---|
| 9 Nov, 2007 | Sold | $163,000 | MRED MLS |
| 29 Sep, 2007 | Under contract | $169,900 | MRED MLS |
| 4 Sep, 2007 | Listed for sale | $169,900 | MRED MLS |
| 20 Mar, 2019 | Sold | $137,000 | MRED MLS |
| 30 Dec, 2018 | Under contract | $155,000 | MRED MLS |
| — | Last price change | $175,000 | MRED MLS |
| 9 Aug, 2018 | Listed for sale | $175,000 | MRED MLS |
| 7 May, 2021 | Sold | $220,000 | MRED MLS |
| 11 Mar, 2021 | Under contract | $230,000 | MRED MLS |
| 8 Mar, 2021 | Listed for sale | $230,000 | MRED MLS |
| 18 Apr, 2026 | Listed for sale | $310,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 59X126X60X127 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2007 | $3,618 |
| 2019 | $4,212 |
| 2021 | $4,664 |
| 2026 | $5,777 |
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Listing Provided By
Real People Realty
