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5 Properties Within 0.5 miles of: 318 Dewey, Joliet

318 Dewey
Joliet, IL 60436

  • 4 Beds
  • Built In 1930
Price

$260,000

Est Payment
$1,648 / month (details)  
Taxes
$4,323  
Beds
4  
Rooms
14  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
50X138  
Built
1930  
Neighborhood
Joliet  
MLS
#12617517
Status
Active (2 days)

Property Description

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.

Property Tour

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
2 Parking Spaces, Unassigned, Off Street, Side Apron, Driveway, Yes, Other, Parking included in price
Schools
Joliet Central High School (204), Dirksen Junior High School (86), Pershing Elementary School (86)

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-16-2026 Listed at $260,000
Last Modified 4/16/26 2:06 PM

Nearby Transportation

  • Heritage Corridor 1.0 mi
  • Rock Island 1.0 mi
  • I 80 West 0.2 mi
  • I 80 East 0.2 mi
  • I 55 North 4.7 mi
  • I 55 South 4.8 mi
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