101 S Eastern Avenue, Joliet, IL
  • $399,000

Description

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.

  • Listing Courtesy of: Charles Rutenberg Realty

Details

Updated on July 24, 2026 at 11:44 am
  • Property ID MRD12712600
  • Price $399,000
  • Bedrooms 7
  • Garages 2
  • Year Built 1909
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 3007151100170000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status New
  • Cumulative Days On Market 1
  • Tax Annual Amount 5583
  • Heating Forced Air
  • Parking Features Yes,Detached,Garage
  • Directions Route 53 to Osgood (east) to Eastern Ave (north)
  • Address 101 S Eastern Avenue
  • City Joliet
  • State/county IL
  • Zip/Postal Code 60433
  • Country United States

Overview

Property ID: MRD12712600
  • Multi Family
  • Property Type
  • 7
  • Bedrooms
  • 2
  • Garages
  • 1909
  • Year Built

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