514 Campbell Street, Joliet, IL
  • $310,000

Description

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 Courtesy of: Real People Realty

Details

Updated on June 5, 2026 at 6:47 am
  • Property ID MRD12622378
  • Price $310,000
  • Land Area 0.17 Acres
  • Bedrooms 6
  • Garages 2
  • Year Built 1880
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 6
  • Parcel Number 3007093180050000
  • Water Source Public
  • Sewer Public Sewer
  • Architectural Style Farmhouse
  • MLS Status Active
  • Co List Agent MLS ID MRD253495
  • Days On Market 48
  • Living Area 0.17
  • Cumulative Days On Market 9
  • Tax Annual Amount 5777
  • Heating Natural Gas,Forced Air
  • Parking Features Yes,Garage Owned,Attached,Off Alley,Owned,Garage
  • Directions Jefferson St. to Clement (N) to Campbell (E). Property on right.
  • Zoning MULTI
  • Address 514 Campbell Street
  • City Joliet
  • State/county IL
  • Zip/Postal Code 60435
  • Country United States

Overview

Property ID: MRD12622378
  • Multi Family
  • Property Type
  • 6
  • Bedrooms
  • 2
  • Garages
  • 1880
  • Year Built

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