518 -520 N Raynor Avenue Joliet, IL $ 399,000
518 -520 N Raynor Avenue
$ 399,000
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518 -520 N Raynor Avenue

Joliet, IL, 60435
$ 399,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 2,457

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Multi-Family Home for sale in Joliet, IL

for $399,000 with 4 bedrooms and 2 full baths. This home was built in 1926 on a lot size of 0.17.

Prime side-by-side, all-brick 2-unit in the heart of Joliet's highly desirable Cathedral Area, walking distance from the University of St. Francis. Each spacious unit offers its own private basement with laundry hookups and large screened-in back porch - perfect for relaxing or entertaining. The property also features private off-street parking, a new roof (2022), and a brand-new boiler (2025), along with two separate water heaters. One unit is already leased at $1,525/month providing immediate cash flow, while the other is vacant - ideal for an owner-occupant, live in one unit while the other produces income or an investor seeking strong rental potential in a prime location.

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Multi-Family Pending

Price

$ 399,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,905

Style

Prairie

Lot Size

0.17

Year Built

1926

Town/City

Joliet

County/Region

Will

MLS | Web ID

12581980

Features
General
Sewer Public Sewer
Heating Radiant
Possession Closing
Zoning MULTI
Garage Spaces 1
Architectural Style Prairie
Construction Materials Brick
Year Built 1926
Township Joliet
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Will
Insurance Expense 2023
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status Pending
Directions RT. 52 (JEFFERSON ST.) TO RAYNOR NORTH OR RT. 7 (THEODORE ST.) TO RAYNOR SOUTH
City Joliet
High School District 204
MLS Area Joliet
Tax Annual Amount 7905
Fuel Expense 1643
Water Sewer Expense 2557
Standard Status Pending
Middle/Junior School District 86
Elementary School District 86
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Interior
Basement Unfinished Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Off Alley Garage
Water Source Public
Total Parking 5
Foundation Details Block
Lot Dimensions 59 x 124
Lot Size Acres 0.17
Waterfront Y/N N
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* Excluded Features
List By
Listing Leaders Northwest, Inc

Broker

anthony.munoz1@outlook.com;amunoz@ajcommercialgroup.com

Email

Affordability Calculator

$3,115
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$659
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
3/4/2026$399,000 Listed Price

Map


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518 -520 N Raynor Avenue, Joliet, IL, 60435 is a Multi-Family Home for sale at $399,000 with a lot size of 0.17. 518 -520 N Raynor Avenue has 4 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 60435 which is in Joliet, IL