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505 Buell Avenue Joliet, IL $ 395,000
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505 Buell Avenue
$ 395,000
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505 Buell Avenue

Joliet, IL, 60435
$ 395,000
Bedrooms5 Baths3.1 Sq 2,400

Monthly Estimate*

$ 2,728

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Multi-Family Home for sale in Joliet, IL

for $395,000 with 5 bedrooms and 3 full baths, 1 half bath. This 2,400 square foot home was built in 1888 on a lot size of 0.43.

Income opportunity meets historic charm at 505 Buell Avenue! Located in Joliet's desirable Cathedral Area and Upper Bluff Historic District, this spacious property offers approximately 2,400 square feet with 5 bedrooms and 3 bathrooms. Zoned R-3 and previously marketed for single-family or two-family use, the home provides flexibility for an owner-occupant, multigenerational household, or investor. Enjoy the character of an established historic neighborhood with convenient access to downtown Joliet, transportation, shopping, dining, and area amenities. Explore the possibilities of restoring this distinctive property as a generous single-family residence or utilizing its income-producing potential. Buyer to verify zoning, permitted use, conversion requirements, room dimensions, and all property details.

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Multi-Family Active

Price

$ 395,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 10,909

Style

Traditional

Lot Size

0.43

Year Built

1888

Town/City

Joliet

County/Region

Will

MLS | Web ID

12800779
Features
General
Sewer Public Sewer
Heating Gas
Possession Closing
Garage Spaces 1
Architectural Style Traditional
Construction Materials Aluminum Siding
Year Built 1888
Township Joliet
Tax Year 2025
Ownership Fee Simple
Gross Income 38400
County Will
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 11
Status New
Directions Raynor to Buell east to property
City Joliet
High School District 204
MLS Area Joliet
Tax Annual Amount 10909
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 204
Elementary School District 204
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 1
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Unassigned Off Alley Off Street Garage
Water Source Public
Total Parking 7
Lot Dimensions 73X243
Lot Size Acres 0.43
Waterfront Y/N N
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* Excluded Features
List By
Steel City Real Estate And Property Management Ser

Broker

dshackney@comcast.net

Email

Affordability Calculator

$3,637
Per Month
75%
25%
0%
Monthly Principal & Interest
$2,728
Monthly Property Taxes
$909
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
565968 Elementary School
565651 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/3/2026$395,000 Listed Price

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505 Buell Avenue, Joliet, IL, 60435 is a Multi-Family Home for sale at $395,000 with 2,400 sqft and a lot size of 0.43. 505 Buell Avenue has 5 bedrooms, 3.1 baths, and was built in 1888. The property's zip code is 60435 which is in Joliet, IL

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