About This Home
This 7-bedroom, 2-bathroom residential multi family at 101 S Eastern Avenue in Joliet, IL is listed for $399,000. Built in 1909, on a N/A lot.
Key Features
- Built in 1909
- 2 parking spaces
Property Details
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.
Monthly Cost Estimate
$2,134/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
101 S Eastern Avenue
Joliet, IL 60433
Property Details
Construction
Parking
Heating
Questions & Answers
This 7-bedroom, 2-bathroom residential multi family at 101 S Eastern Avenue is listed at $399,000. The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1909, 2 parking spaces.
This property is listed by Mariano Rotondo and can be reached at (630) 929-1100.
