$290,000
$274,900
5.5%For more information regarding the value of a property, please contact us for a free consultation.
1312 ELIZABETH ST Joliet, IL 60435
5 Beds
2 Baths
Key Details
Sold Price $290,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12716502
Sold Date 08/06/26
Bedrooms 5
Year Built 1916
Annual Tax Amount $4,496
Tax Year 2025
Lot Dimensions 50X132
Property Sub-Type Two to Four Units
Property Description
Turnkey 2-unit multi-family in an established Joliet neighborhood - fully occupied and producing income now. Both units are leased to in-place tenants, so there's no vacancy to fill and no work to do. Tenants pay their own utilities, and the rents sit at or near market with room to grow at renewal - a strong, sustainable income profile at the list price. Approximately 1,572 sq ft across two separate units on a full 50 x 132 lot (about 6,600 sq ft), featuring a deck with each unit equipped with its own appliances. Located in an active, established Joliet rental market with steady tenant demand. Live in one unit while the other helps off set the or hold both as a cash-flowing investment. A rare, ready-to-go income property.
Location
State IL
County Will
Area Joliet
Rooms
Basement Unfinished, Partial, Walk-Out Access
Interior
Heating Natural Gas, Baseboard, Sep Heating Systems - 2+
Fireplace N
Building
Building Description Vinyl Siding,Block, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Block
New Construction false
Schools
School District 86 , 86, 204
Others
Ownership Fee Simple
Special Listing Condition Standard
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Juan Tamayo of Better Homes and Gardens






