112-114 N Center Street Joliet, IL ^$ 1,210,000

112-114 N Center Street

^$ 1,210,000

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112-114 N Center Street

Joliet, IL, 60435

^$ 1,210,000

Bedrooms13 Baths0.0

Monthly Estimate*

^$ 7,549

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Multi-Family Home for sale in Joliet, IL

for $1,210,000 with 13 bedrooms. This home was built in 1937 on a lot size of 0.159986.

INVESTOR ALERT! Fantastic investment opportunity in Joliet IL, a solid 8-unit brick building in the heart of Joliet offering strong rental income and future upside. Property features a mix of one- and two-bedroom apartments, well-maintained common areas, street parking, and recent updates including roof and mechanicals. Tenants enjoy convenient access to highways, shopping, schools, and public transportation. Consistently rented with room for value-add improvements to maximize returns. A great addition to any investor's portfolio-schedule your showing today!

Multi-Family Active

Price

^$ 1,210,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 13,099

Style

Multi-Family

Lot Size

0.159986

Year Built

1937

Town/City

Joliet

County/Region

Will

MLS | Web ID

12474848

Features

General

Cooling Zoned

Zoning MULTI

Construction Materials Brick

Year Built 1937

Tenant Pays Air Conditioning Electricity Heat Sewer

Stories Count 2

Tax Year 2024

Current Use Multi-Family

Gross Income 122760

County Will

Net Operating Income 84329

Operating Expense 38431

Insurance Expense 5687

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 6249

Possible Use Multi-Family

Status Active

Directions Depart I-55 South. Take exit 253 for US-30/Plainfield Rd toward Joliet. Keep following signs toward Joliet/US-30 E. Continue on US-30 E/Plainfield Rd about 7 miles into downtown Joliet. Turn left ont

City Joliet

Number Of Units Total 8

MLS Area Joliet

Lot Size Square Feet 6969

Tax Annual Amount 13099

Electric Expense 833

Fuel Expense 650

Trash Expense 2770

Water Sewer Expense 592

Additional Parcels Y/N Y

Standard Status Active

Cap Rate 6.97

Interior

Basement Finished

Exterior

Lot Dimensions 116x60

* Excluded Features

List By

Citypoint Illinois Llc

Broker

kmiller@citypoint.com

Affordability Calculator

$8,640

Per Month

Monthly Principal & Interest: $7,549
Monthly Property Taxes: $1,092
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Joliet, IL

Average List Price ^$389,672

Percent of Sale Price 68%

About Joliet, IL

149,574 Population

37% Since 2002

^$61,297 Median Income

34.35 Median Age

39% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/19/2025	$1,210,000		Listed Price

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112-114 N Center Street, Joliet, IL, 60435 is a Multi-Family Home for sale at $1,210,000 with a lot size of 0.159986. 112-114 N Center Street has 13 bedrooms, 0.0 baths, and was built in 1937. The property's zip code is 60435 which is in Joliet, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/12/2025.

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112-114 N Center Street

Multi-Family Home for sale in Joliet, IL

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