Great opportunity at Joliet, IL. This solid 3-unit multifamily property with strong income and tons of potential. This is a perfect fit for investors looking for steady cash flow or buyers planning to use an owner-occupied loan. The property is very spacious, Current tenants on month-to-month basis, giving flexibility to the next owner. Located in the growing city of Joliet, one of the fastest-developing areas in the southwest suburbs with new businesses, ongoing development, and increasing rental demand. Just minutes from Downtown Joliet, close to Louis Joliet Mall, shopping, schools, parks, and with easy access to Interstate 80 and Interstate 55, the location makes it very attractive for tenants. As a great extra, the garage brings $400 per month in additional income, making this property an even smarter buy. (Room sizes are estimated. Photos reflect the condition of the property prior to tenant occupancy.)
New
$405,000
402 Allen St, Joliet, IL 60436
8beds
--sqft
Est.:
Multi Family
Built in 1899
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Very spacious
- 10 hours |
- 83 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: 18 hours ago
Listing courtesy of:
Anna S Chacon 331-250-6714,
Charles Rutenberg Realty of IL,
Mariano Rotondo 630-917-9322,
Charles Rutenberg Realty
Source: MRED as distributed by MLS GRID,MLS#: 12566011
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes, Attached, Garage
- Attached garage spaces: 2
Lot
- Size: 4,485 Square Feet
- Dimensions: 69x65
Details
- Parcel number: 3007161200070000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1899
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Joliet
Financial & listing details
- Tax assessed value: $206,127
- Annual tax amount: $5,807
- Date on market: 2/11/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Listed for sale | $405,000+28.6% |
Source: | ||
| 8/7/2023 | Sold | $315,000+5.4% |
Source: | ||
| 6/19/2023 | Contingent | $299,000 |
Source: | ||
| 6/12/2023 | Listed for sale | $299,000-2.8% |
Source: | ||
| 8/24/2022 | Listing removed | -- |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $6,129 +6.8% | $68,709 +10.5% |
| 2022 | $5,740 +5.2% | $62,152 +7.1% |
| 2021 | $5,455 +5.4% | $58,048 +5.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,812/mo
Principal & interest
$1938
Property taxes
$732
Home insurance
$142
Climate risks
Neighborhood: St. Pat's
Nearby schools
GreatSchools rating
- 4/10Pershing Elementary SchoolGrades: K-5Distance: 1.4 mi
- 6/10Dirksen Junior High SchoolGrades: 6-8Distance: 1.3 mi
- 2/10Joliet Central High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: 86
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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