318 Dewey Street Joliet, IL $ 260,000
318 Dewey Street
$ 260,000
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318 Dewey Street

Joliet, IL, 60436
$ 260,000
Bedrooms4 Baths2.0 Sq 2,080

Monthly Estimate*

$ 1,601

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Multi-Family Home for sale in Joliet, IL

for $260,000 with 4 bedrooms and 2 full baths. This 2,080 square foot home was built in 1930.

Well-maintained 2-unit investment opportunity offering strong cash flow and a functional layout. Each unit is tenant occupied so start cash-flowing right away! Each unit offers 2 bedrooms, 1 bath, and approximately 1,040 sq ft of living space. Each unit is filled with natural light and includes two private entrances-a front entrance leading to a porch and a rear entrance providing direct access to the driveway. Each unit can accommodate up to two vehicles, a rare and highly desirable feature for tenants. The building includes a basement for storage with coin-operated laundry and an assigned storage for each unit, providing added convenience and supplemental income potential. Utilities are efficiently structured with separate electric and gas meters for each unit, while water is owner-paid. Major components are in good condition, including newer gutters and a recently replaced water heater. Both units are currently occupied with written leases in place, making this a turnkey income-producing property from day one. Conveniently located near I-80 and just minutes from Downtown Joliet, this property offers easy access to shopping, dining, and transportation. Ideal for investors or owner-occupants seeking a solid, income-generating asset in a strong location. See private broker remarks for additional details.

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Multi-Family Active

Price

$ 260,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,323

Style

Year Built

1930

Town/City

Joliet

County/Region

Will

MLS | Web ID

12617517

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Construction Materials Brick
Year Built 1930
Township Joliet
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Will
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Shed(s)
Total Rooms 14
Status New
Directions Jefferson St to Larkin Ave north to Glenwood Ave east to Dewey Ave north to property.
High School Joliet Central High School
City Joliet
High School District 204
MLS Area Joliet
Elementary School Pershing Elementary School
Tax Annual Amount 4323
Middle/Junior High School Dirksen Junior High School
Additional Parcels Y/N N
Virtual Tour https://media.clearskyimagery.com/s/idx/316467
Standard Status Active
Middle/Junior School District 86
Elementary School District 86
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Interior
Basement Partially Finished Full
Total Bedrooms 4
Room Type Enclosed Porch
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 Unassigned Off Street Side Apron Driveway Yes Other
Water Source Public
Total Parking 2
Foundation Details Stone
Lot Dimensions 50X138
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s) Sump Pump
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* Excluded Features
List By
Cirafici Real Estate

Broker

joecirafici@gmail.com

Email

Affordability Calculator

$1,961
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,601
Monthly Property Taxes
$360
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
2644693 Elementary School
1650710 Middle School
Joliet Central High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2026$260,000 Listed Price

Map


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318 Dewey Street, Joliet, IL, 60436 is a Multi-Family Home for sale at $260,000 with 2,080 sqft. 318 Dewey Street has 4 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 60436 which is in Joliet, IL