Closed
$160,000
664 Landau Ave, Joliet, IL 60432
6beds
--sqft
Multi Family
Built in 1914
-- sqft lot
$298,800 Zestimate®
$--/sqft
$1,532 Estimated rent
Home value
$298,800
$245,000 - $353,000
$1,532/mo
Zestimate® history
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Owner options
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What's special
Discover the potential of this expansive 11,000 square foot building located in the heart of Joliet, IL. This versatile property presents a unique opportunity for savvy investors looking to capitalize on a prime piece of real estate that is brimming with possibilities. This building offers a significant amount of space in a centrally located area of Joliet, close to amenities, transportation, and vibrant community attractions. The flexible zoning allows for multiple uses, making it ideal for both residential and commercial applications. The property is in need of rehabilitation, providing a perfect blank canvas for your vision. Whether you plan to modernize the space into a multi-tenant rental property or transform it into a lavish single-family estate, the possibilities are endless. This property is perfect for investors seeking a project with substantial upside potential. The large footprint and flexible zoning provide the freedom to tailor the space to meet market demands and personal investment goals. The building can be converted into multiple rental units, offering steady income potential in a market with high rental demand, or it can be transformed into a grand, spacious home with ample room for luxurious living and entertaining. Additionally, a mixed-use development combining residential and commercial spaces can maximize return on investment. The location offers easy access to major highways such as I-80 and I-55, facilitating commutes to Chicago and surrounding areas. The property is also close to schools, parks, shopping centers, and dining options, enhancing its appeal for future tenants or homeowners. Joliet is a city on the rise with ongoing developments and a growing population, ensuring long-term value appreciation. Opportunities like this are rare. Whether you're an experienced investor or looking to enter the real estate market, this 11,000 square foot building in Joliet is a golden opportunity to create significant value. With the right vision and investment, this property can be transformed into a lucrative asset. Schedule a viewing today and explore the immense potential this property has to offer. Your next successful investment starts here!
Zillow last checked: 8 hours ago
Listing updated: July 03, 2024 at 11:29am
Listing courtesy of:
Michael Odeh 224-699-5002,
Redfin Corporation
Bought with:
Hunter Nelson
eXp Realty
Source: MRED as distributed by MLS GRID,MLS#: 12059109
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Steam
Features
- Basement: None
Property
Lot
- Size: 6,969 sqft
- Dimensions: 49X152
Details
- Parcel number: 3007102090070000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks, Street Paved
Location
- Region: Joliet
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2024 | Sold | $160,000-20% |
Source: | ||
| 5/29/2024 | Contingent | $199,900 |
Source: | ||
| 5/22/2024 | Listed for sale | $199,900+99.9% |
Source: | ||
| 6/1/2023 | Sold | $100,000+0.1% |
Source: | ||
| 4/12/2023 | Pending sale | $99,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,731 | $19,403 |
| 2022 | -- | -- |
| 2021 | -- | -- |
Find assessor info on the county website
Neighborhood: Northeast Joliet
Nearby schools
GreatSchools rating
- 2/10Sator Sanchez Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Gompers Junior High SchoolGrades: 6-8Distance: 1.1 mi
- 2/10Joliet Central High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Sator Sanchez School
- Middle: Gompers Junior High School
- High: Joliet Central High School
- 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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$298,800
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$304,776