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502 Liberty Street Joliet, IL $ 320,000
502 Liberty Street
$ 320,000
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502 Liberty Street

Joliet, IL, 60432
$ 320,000
Bedrooms6 Baths2.0 Sq 1,600

Monthly Estimate*

$ 1,970

Multi-Family Home for sale in Joliet, IL

for $320,000 with 6 bedrooms and 2 full baths. This 1,600 square foot home was built in 1892.

Opportunity knocks with this fully rehabbed 2-unit property, completed in 2026. Each unit boasts modern updates, including new flooring, fresh paint, updated kitchens and bathrooms, and all systems (electrical, plumbing, HVAC) brought up to code. Ideal for owner-occupants or investors seeking turnkey rental income. Located in a convenient Joliet neighborhood close to schools, shopping, and transit. Don't miss the chance to own a move-in ready, income-generating property!

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Multi-Family Active

Price

$ 320,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,095

Style

Year Built

1892

Town/City

Joliet

County/Region

Will

MLS | Web ID

12544592

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Vinyl Siding
Year Built 1892
Township Joliet
Tax Year 2024
Ownership Fee Simple
County Will
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions Head west on Ward Ave toward Parks Ave turn left onto Parks Ave turn left onto E Liberty St.
City Joliet
High School District 204
MLS Area Joliet
Tax Annual Amount 2095
Standard Status Active
Middle/Junior School District 86
Elementary School District 86
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Interior
Basement Crawl Space
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 0.08
Waterfront Y/N N
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* Excluded Features
List By
Charles Rutenberg Realty Of Il

Broker

annachacon1@yahoo.com;anna@chaconteam.com

Email

Affordability Calculator

$2,145
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,970
Monthly Property Taxes
$175
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/11/2026$320,000 Listed Price

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502 Liberty Street, Joliet, IL, 60432 is a Multi-Family Home for sale at $320,000 with 1,600 sqft. 502 Liberty Street has 6 bedrooms, 2.0 baths, and was built in 1892. The property's zip code is 60432 which is in Joliet, IL