Two-building, 6-unit multifamily portfolio located in Joliet's Cathedral District. Built in 1910 and recently updated with new HVAC and split AC systems across 3,456 square feet, these buildings deliver a stabilized income stream with lower near-term capital expenditure risk than most properties this age. Location does the heavy lifting here: walking distance to the University of St. Francis, downtown Joliet, and regional transit puts three separate tenant pools (students, commuters, downtown workers) right at the door. A vacant rear parcel adds room to expand parking or explore future development, giving this deal upside beyond the current rent roll. Established, cash-flowing, and sitting in one of Joliet's most walkable neighborhoods. A hold-and-grow opportunity for an investor who wants income now and options later.
Details
MLS #
12761614
Listing Type
For Sale
Style
Multi Family 5+
Sub-Type
Resale
Status
Active
Year
1910
Days On Site
10
Listing Provided By
Compass | Dan Nelson
Features
Story(s)
2
Units
6
Zoning
COMMR
Acreage
0.34
Exterior
Construction Materials
Vinyl Siding
Taxes
Tax Year
2024
Tax Annual Amount
22886
Area Information
State
IL
County
Will
City
Joliet
Zip Code
60435
Area
Joliet
Listing VS Median (in 60435)
Price: $779,000
low | high
Med: $305,000
100% of Average
On site: 10
low | high
Med: 9
100% of Average
Sourced by Back At You
Market Activity 60435
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 8
Avg $ Per SqFt: $198.61
Min Sale Price: $175,000
Max Sale Price: $325,000
Med Sale Price: $271,500
Date: Aug 2026
Sales: 24
Avg $ Per SqFt: $214.73
Min Sale Price: $90,000
Max Sale Price: $500,000
Med Sale Price: $302,500
Date: Jul 2026
Sales: 38
Avg $ Per SqFt: $196.19
Min Sale Price: $90,000
Max Sale Price: $475,000
Med Sale Price: $318,200
Date: Jun 2026
Sales: 48
Avg $ Per SqFt: $205.89
Min Sale Price: $10,000
Max Sale Price: $452,990
Med Sale Price: $292,250
Date: May 2026
Sales: 49
Avg $ Per SqFt: $200.08
Min Sale Price: $134,500
Max Sale Price: $525,000
Med Sale Price: $279,000
Date: Apr 2026
Sales: 45
Avg $ Per SqFt: $195.08
Min Sale Price: $45,000
Max Sale Price: $424,900
Med Sale Price: $305,000
Date: Mar 2026
Sales: 56
Avg $ Per SqFt: $187.13
Min Sale Price: $99,500
Max Sale Price: $478,990
Med Sale Price: $299,000
Date: Feb 2026
Sales: 47
Avg $ Per SqFt: $190.93
Min Sale Price: $64,900
Max Sale Price: $860,000
Med Sale Price: $300,000
Date: Jan 2026
Sales: 22
Avg $ Per SqFt: $193.34
Min Sale Price: $125,000
Max Sale Price: $474,990
Med Sale Price: $312,500
Date: Dec 2025
Sales: 30
Avg $ Per SqFt: $185.82
Min Sale Price: $120,000
Max Sale Price: $477,789
Med Sale Price: $222,000
Date: Nov 2025
Sales: 39
Avg $ Per SqFt: $185.62
Min Sale Price: $95,000
Max Sale Price: $1,250,000
Med Sale Price: $265,000
Date: Oct 2025
Sales: 59
Avg $ Per SqFt: $183.02
Min Sale Price: $132,000
Max Sale Price: $740,000
Med Sale Price: $280,000
Sourced by Back At You
Sep 2026
Sales:
8
Avg $ Per SqFt:
$198.61
Min Sale Price:
$175,000
Max Sale Price:
$325,000
Med Sale Price:
$271,500
Aug 2026
Sales:
24
Avg $ Per SqFt:
$214.73
Min Sale Price:
$90,000
Max Sale Price:
$500,000
Med Sale Price:
$302,500
Jul 2026
Sales:
38
Avg $ Per SqFt:
$196.19
Min Sale Price:
$90,000
Max Sale Price:
$475,000
Med Sale Price:
$318,200
Jun 2026
Sales:
48
Avg $ Per SqFt:
$205.89
Min Sale Price:
$10,000
Max Sale Price:
$452,990
Med Sale Price:
$292,250
May 2026
Sales:
49
Avg $ Per SqFt:
$200.08
Min Sale Price:
$134,500
Max Sale Price:
$525,000
Med Sale Price:
$279,000
Apr 2026
Sales:
45
Avg $ Per SqFt:
$195.08
Min Sale Price:
$45,000
Max Sale Price:
$424,900
Med Sale Price:
$305,000
Mar 2026
Sales:
56
Avg $ Per SqFt:
$187.13
Min Sale Price:
$99,500
Max Sale Price:
$478,990
Med Sale Price:
$299,000
Feb 2026
Sales:
47
Avg $ Per SqFt:
$190.93
Min Sale Price:
$64,900
Max Sale Price:
$860,000
Med Sale Price:
$300,000
Jan 2026
Sales:
22
Avg $ Per SqFt:
$193.34
Min Sale Price:
$125,000
Max Sale Price:
$474,990
Med Sale Price:
$312,500
Dec 2025
Sales:
30
Avg $ Per SqFt:
$185.82
Min Sale Price:
$120,000
Max Sale Price:
$477,789
Med Sale Price:
$222,000
Nov 2025
Sales:
39
Avg $ Per SqFt:
$185.62
Min Sale Price:
$95,000
Max Sale Price:
$1,250,000
Med Sale Price:
$265,000
Oct 2025
Sales:
59
Avg $ Per SqFt:
$183.02
Min Sale Price:
$132,000
Max Sale Price:
$740,000
Med Sale Price:
$280,000
MLS Number: 12761614
Dan Nelson – (773) 295-1751 – dan@danloveshouses.com
Compass – (773) 466-7150
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MLS Number: 12761614
Dan Nelson – (773) 295-1751 – dan@danloveshouses.com
