457 S Desplaines Street Joliet, IL $ 169,900
457 S Desplaines Street
$ 169,900
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457 S Desplaines Street

Joliet, IL, 60436
$ 169,900
Bedrooms5 Baths2.0 Sq 1,690

Monthly Estimate*

$ 1,060

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Multi-Family Home for sale in Joliet, IL

for $169,900 with 5 bedrooms and 2 full baths. This 1,690 square foot home was built in 1890.

Attention investors and owner-occupants! This all-brick 2-unit property offers a rare chance to add value and generate strong cash flow. The building features one 2-bedroom unit and one 3-bedroom unit, each with its own basement (the front unit includes a sub-basement for even more space). * One unit is tenant-occupied on a month-to-month lease * Utilities separated for gas and electric (shared water) * Detached 2.5-car garage and fenced yard * Located near schools, parks, and public transportation With some updates, this property can become a true income-producer. Housing Authority rents for this zip code (60436) are $1,826 for a 2-bedroom and $2,343 for a 3-bedroom, highlighting the strong rental potential. Sold AS-IS. Bring your ideas and take advantage of this opportunity to create long-term value!

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Multi-Family Pending

Price

$ 169,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,558

Style

Bungalow,Ranch

Year Built

1890

Town/City

Joliet

County/Region

Will

MLS | Web ID

12484822

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Architectural Style Bungalow Ranch
Construction Materials Brick
Year Built 1890
Township Joliet
Tax Year 2024
Ownership Fee Simple
Gross Income 750
Community Features Curbs Sidewalks Street Lights Street Paved
County Will
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status Pending
Directions I80 exit Chicago St North left on McDonough left on Desplaines St
High School Joliet Central High School
City Joliet
High School District 204
MLS Area Joliet
Elementary School Dirksen Junior High School
Tax Annual Amount 4558
Middle/Junior High School Dirksen Junior High School
Standard Status Pending
Middle/Junior School District 86
Elementary School District 86
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Bathroom Soaking Tub
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features No Garage Yes Garage Owned Detached Garage
Lot Features Common Grounds
Water Source Public
Total Parking 2
Foundation Details Block
Lot Dimensions 149.9x50.9x150x51
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Water Heater-Gas
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* Excluded Features
List By
Carter Realty Group

Broker

carterrealtygroup@gmail.com;carterrealtygroup@gmail.com

Email

Affordability Calculator

$1,440
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,060
Monthly Property Taxes
$380
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
1650710 Elementary School
1650710 Middle School
Joliet Central High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$169,900 -7.11% Price Down
10/2/2025$182,900 Listed Price

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457 S Desplaines Street, Joliet, IL, 60436 is a Multi-Family Home for sale at $169,900 with 1,690 sqft. 457 S Desplaines Street has 5 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 60436 which is in Joliet, IL