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11 Nicholson Street Joliet, IL $ 779,000
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$ 779,000 Get more info
11 Nicholson Street
$ 779,000
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Recently Listed
Open House 10/10 12pm - 2pm
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11 Nicholson Street

Joliet, IL, 60435
$ 779,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 5,380

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Multi-Family Home for sale in Joliet, IL

for $779,000 with 3 bedrooms. This home was built in 1910 on a lot size of 0.34.

Two-building, 6-unit multifamily portfolio located in Joliet's Cathedral District. Built in 1910 and recently updated with new HVAC and split AC systems across 3,456 square feet, these buildings deliver a stabilized income stream with lower near-term capital expenditure risk than most properties this age. Location does the heavy lifting here: walking distance to the University of St. Francis, downtown Joliet, and regional transit puts three separate tenant pools (students, commuters, downtown workers) right at the door. A vacant rear parcel adds room to expand parking or explore future development, giving this deal upside beyond the current rent roll. Established, cash-flowing, and sitting in one of Joliet's most walkable neighborhoods. A hold-and-grow opportunity for an investor who wants income now and options later.

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Open House

10/10/2026 12:00 PM - 2:00 PM
11 Nicholson Street Joliet, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 779,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 11,443

Style

Multi-Family

Lot Size

0.34

Year Built

1910

Town/City

Joliet

County/Region

Will

MLS | Web ID

12761614
Features
General
Possession Closing
Zoning COMMR
Construction Materials Vinyl Siding
Year Built 1910
Tenant Pays Electricity
Stories Count 2
Township Joliet
Tax Year 2024
Current Use Multi-Family
Gross Income 112680
County Will
Net Operating Income 99660
Operating Expense 17700
Insurance Expense 2000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 2000
Possible Use Multi-Family
Status New
Directions E on Jefferson S on Garfield E To Property
City Joliet
Number Of Units Total 6
MLS Area Joliet
Tax Annual Amount 11443
Electric Expense 500
Fuel Expense 200
Trash Expense 0
Water Sewer Expense 2000
Additional Parcels Y/N N
Virtual Tour https://drive.google.com/file/d/1WiqE1-qlfCiw02kN36_enMZtUwEoQb2K/view?usp=sharing
Standard Status Active
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Interior
Basement None
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Exterior
Lot Dimensions 130 X 260
Lot Size Acres 0.34
Frontage Type City Street
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* Excluded Features
List By
Compass

Broker

Dan@DanLovesHouses.com

Email

Affordability Calculator

$6,334
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,380
Monthly Property Taxes
$954
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2026$779,000 Listed Price

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11 Nicholson Street, Joliet, IL, 60435 is a Multi-Family Home for sale at $779,000 with a lot size of 0.34. 11 Nicholson Street has 3 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 60435 which is in Joliet, IL

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