113 N Center Street Joliet, IL $ 375,000
113 N Center Street
$ 375,000
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113 N Center Street

Joliet, IL, 60435
$ 375,000
Baths0.0 Sq 2,160

Monthly Estimate*

$ 2,340

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Studio

Multi-Family Home for sale in Joliet, IL

for $375,000. This 2,160 square foot home was built in 1910 on a lot size of 0.13.

Cash flow on day 1! Fully rented 5 studio apartment building near downtown Joliet and University of St. Francis. All 5 units updated within last 8 years and one brand new in 2024. Great turn-key investment with room for rents to grow! One unit can be shown to preapproved potential buyers; all units shown after contract accepted. Listing agent has small interest in property as previous manager.

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Multi-Family Contingent

Price

$ 375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,046

Style

Lot Size

0.13

Year Built

1910

Town/City

Joliet

County/Region

Will

MLS | Web ID

12476390

Features
General
Cooling Window Unit(s)
Zoning MULTI
Year Built 1910
Tenant Pays Air Conditioning Electricity
Stories Count 3
Township Joliet
Tax Year 2024
Gross Income 54000
County Will
Net Operating Income 36492
Operating Expense 17508
Insurance Expense 5071
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 0
Status Contingent
Directions Center Street past Western to property
City Joliet
Number Of Units Total 5
MLS Area Joliet
Lot Size Square Feet 5466
Tax Annual Amount 7046
Electric Expense 360
Fuel Expense 1200
Trash Expense 0
Water Sewer Expense 3831
Additional Parcels Y/N N
Standard Status Active Under Contract
Cap Rate 9.1
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Interior
Basement Unfinished
Total Fireplaces 0
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Exterior
Building Area Total 2160
Lot Dimensions 35X121X34X121
Lot Size Acres 0.13
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

jjakob@coldwellhomes.com;jjakob@coldwellhomes.com

Email

Affordability Calculator

$2,927
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,340
Monthly Property Taxes
$587
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2025$375,000 -6.25% Price Down
9/21/2025$400,000 Listed Price

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113 N Center Street, Joliet, IL, 60435 is a Multi-Family Home for sale at $375,000 with 2,160 sqft and a lot size of 0.13. 113 N Center Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 60435 which is in Joliet, IL