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About the Listing 28609 - 253523,253495
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.
Listing Highlights
Status
Active
Days on Site
43
Property Type
Multi-Family
MLS ®
12622378
Year Built
1880
Total Square Footage
0
Lot/Acreage
0.17
County
Will
Area
Joliet
School District
86
Elementary School
Farragut Elementary School
Middle School
Dirksen Junior High School
High School
Joliet Central High School
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances: CO Detectors,Sump Pump,Multiple Water Heaters
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Cellar,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 6
- Lot Dimensions: 59X126X60X127
- Zoning: MULTI
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Attached,Off Alley,Owned,Garage
Financial Details
- Tax Amount: $5,777
- Taxes w/Assessments: N/A
- Tax/Property ID: 3007093180050000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
514 Campbell St Joliet, IL 60435
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