511 E 3rd Avenue Joliet, IL $ 279,999
511 E 3rd Avenue
$ 279,999
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511 E 3rd Avenue

Joliet, IL, 60433
$ 279,999
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,747

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Multi-Family Home for sale in Joliet, IL

for $279,999 with 4 bedrooms and 2 full baths. This home was built in 1910 on a lot size of 0.11.

RARE FIND!!! Beautifully Maintained All-Brick 2-flat on an oversized lot, offering exceptional durability, low upkeep, and long-term value. Each unit features 2 bedrooms and 1 bath, along with separate HVAC systems, allowing tenants to cover their own utility costs-an excellent benefit for owners looking to maximize income and reduce expenses. The comfortable floor plans and excellent condition make it clear this property has been thoughtfully maintained. A full basement provides excellent storage or room for future possibilities, while the two-car garage and additional concrete parking pad offer convenient off-street parking. Both units are currently rented and generating steady income, making this a strong opportunity for investors seeking a turnkey property. Low property taxes further enhance the financial appeal. Ideally located near schools, shopping, dining, and major highways, this property combines accessibility with lasting value. Whether you're an investor growing your portfolio or a buyer planning to live in one unit while renting the other, this well-kept building stands out as an exceptional choice.

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Multi-Family Active

Price

$ 279,999

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,845

Style

Lot Size

0.11

Year Built

1910

Town/City

Joliet

County/Region

Will

MLS | Web ID

12521138

Features
General
Sewer Storm Sewer
Heating Natural Gas
Possession Tenant's Rights
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1910
Township Joliet
Tax Year 2024
Ownership Fee Simple
County Will
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status Active
Directions Rowell Ave to Third West One Block
City Joliet
High School District 204
MLS Area Joliet
Tax Annual Amount 3845
Standard Status Active
Middle/Junior School District 86
Elementary School District 86
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Interior
Basement Unfinished Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 40X122
Lot Size Acres 0.11
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

mikemusa@kw.com

Email

Affordability Calculator

$2,067
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,747
Monthly Property Taxes
$320
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
565968 Elementary School
565651 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$279,999 Listed Price

Map


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511 E 3rd Avenue, Joliet, IL, 60433 is a Multi-Family Home for sale at $279,999 with a lot size of 0.11. 511 E 3rd Avenue has 4 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 60433 which is in Joliet, IL