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.
Property Details
Price:
$399,000
MLS #:
MRD12712600
Status:
Active
Beds:
7
Baths:
2
Type:
Multi Family
Neighborhood:
joliet
Listed Date:
Jul 22, 2026
Year Built:
1909
See this Listing
Schools
School District:
86
Interior
Heating
Forced Air
Exterior
Construction Materials
Vinyl Siding
Garage Spaces
2
Parking Features
Yes, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$5,583
Map
Community
- Address101 S Eastern Avenue Joliet IL
- CityJoliet
- CountyWill
- Zip Code60433
Market Summary
Current real estate data for Multi Family in Joliet as of Oct 12, 2026
10
Multi Family Listed
66
Avg DOM
$297,257
Avg List Price
Property Summary
- 101 S Eastern Avenue Joliet IL is a Multi Family for sale in Joliet, IL, 60433. It is listed for $399,000
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Copyright 2026. All rights reserved.
101 S Eastern Avenue
Joliet, IL


