Open House 8/30 11am - 1pm
211 Casseday Avenue
Joliet, IL, 60432 $ 329,900
Bedrooms7 Baths4.0 Sq 2,885 Monthly Estimate*
$ 2,083
for $329,900 with 7 bedrooms and 4 full baths. This 2,885 square foot home was built in 1900.
Well-Maintained Vintage Brick Three-Flat Offering Spacious Units, 4-Car Garage, and Strong Income Potential. Pride of ownership is evident throughout this solid all-brick legal 3-unit building, owner-occupied and carefully maintained by the same family for more than 25 years. Unlike many investment properties, this building has benefited from long-term stewardship and ongoing maintenance, making it an exceptional opportunity for both investors and owner-occupants. Major capital improvements have already been completed, including replacement windows throughout the top and main units, a newer furnace and water heater (approximately 3 years old), and a roof replaced approximately 10 years ago. Ideally located just minutes from Downtown Joliet with convenient access to I-80 via both Richards Street and Briggs Street corridors, the property offers easy commuting throughout the Chicagoland area while remaining close to shopping, dining, employment centers, schools, and public transportation. The building features approximately 2,885 square feet of living space across three legal units, including a spacious 1,056 sq. ft. top-floor unit, a 1,079 sq. ft. main-floor unit, and a 750 sq. ft. garden unit. Additional amenities include enclosed rear porches providing valuable tenant storage, a shared laundry area, and a highly desirable 4-car detached garage with individual overhead doors, offering additional income potential and a feature seldom found in comparable multifamily properties. For owner-occupants, this property presents an outstanding opportunity to live in one unit while rental income from the remaining units helps with mortgage and living expenses. For investors, the building offers immediate cash-flow potential from day one with strong rental demand, separate electric service to each unit, and market rents in the area typically ranging from approximately $1,300 to $1,600 per unit. The combination of solid brick construction, large unit sizes, extensive mechanical updates, garage income potential, and a convenient commuter-friendly location creates a compelling value proposition for anyone seeking long-term wealth building through real estate. Ready to produce passive income from the moment you close. Property is Being Sold As-Is.
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Open House
8/30/2026 11:00 AM - 1:00 PM
211 Casseday Avenue 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
FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 4
Construction Materials Brick
Year Built 1900
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
Contingency Attorney/Inspection
Total Rooms 18
Status Contingent
Directions From E. Cass St turn North on Casseday Ave to property on left hand side.
High School Joliet Central High School
City Joliet
High School District 204
MLS Area Joliet
Elementary School Woodland Elementary School
Tax Annual Amount 4414
Electric Expense 1300
Fuel Expense 1800
Middle/Junior High School Washington Junior High School
Water Sewer Expense 1700
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 86
Elementary School District 86
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InteriorBasement Finished Full
Total Bedrooms 7
Room Type Enclosed Porch Foyer
Total Baths 4
Bedrooms Possible 7
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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ExteriorExterior Amenities Balcony
Parking Features Yes Garage Owned Detached Driveway Owned Garage
Water Source Public
Total Parking 7
Foundation Details Concrete Perimeter
Lot Dimensions 6465
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s) Water Heater-Gas
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
rmartinez254@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,083
- Monthly Property Taxes
- $368
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Joliet, IL
Average List Price $372,060
Percent of Sale Price 13%
About Joliet, IL 149,574 Population
37% Since 2002
$ 61,297 Median Income
34.35 Median Age
39% Households with Children
Trends Information provided by ATTOM Data Solutions.
5549306 Elementary School
1516530 Middle School
Joliet Central High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/28/2026 | $329,900 | | Listed Price |