402 ALLEN Street Joliet, IL $ 405,000
402 ALLEN Street
$ 405,000
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402 ALLEN Street

Joliet, IL, 60436
$ 405,000
Bedrooms8 Baths5.0

Monthly Estimate*

$ 2,494

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Multi-Family Home for sale in Joliet, IL

for $405,000 with 8 bedrooms and 5 full baths. This home was built in 1899.

Great opportunity at Joliet, IL. This solid 3-unit multifamily property with strong income and tons of potential. This is a perfect fit for investors looking for steady cash flow or buyers planning to use an owner-occupied loan. The property is very spacious, Current tenants on month-to-month basis, giving flexibility to the next owner. Located in the growing city of Joliet, one of the fastest-developing areas in the southwest suburbs with new businesses, ongoing development, and increasing rental demand. Just minutes from Downtown Joliet, close to Louis Joliet Mall, shopping, schools, parks, and with easy access to Interstate 80 and Interstate 55, the location makes it very attractive for tenants. As a great extra, the garage brings $400 per month in additional income, making this property an even smarter buy. (Room sizes are estimated. Photos reflect the condition of the property prior to tenant occupancy.)

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Multi-Family Contingent

Price

$ 405,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 5,807

Style

Year Built

1899

Town/City

Joliet

County/Region

Will

MLS | Web ID

12566011

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Tenant's Rights
Zoning MULTI
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1899
Township Joliet
Tax Year 2024
Ownership Fee Simple
County Will
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 16
Status Contingent
Directions Raynor south to Marion east to Allen
City Joliet
High School District 204
MLS Area Joliet
Tax Annual Amount 5807
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 86
Elementary School District 86
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Interior
Basement Unfinished Full
Total Bedrooms 8
Total Baths 5
Bedrooms Possible 8
Full Baths Building 5
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Attached Garage
Water Source Public
Total Parking 2
Lot Dimensions 69x65
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

$2,978
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,494
Monthly Property Taxes
$484
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
2/11/2026$405,000 Listed Price

Map


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402 ALLEN Street, Joliet, IL, 60436 is a Multi-Family Home for sale at $405,000. 402 ALLEN Street has 8 bedrooms, 5.0 baths, and was built in 1899. The property's zip code is 60436 which is in Joliet, IL