Corcoran Urban Real Estate
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6 Properties Within 0.5 miles of: 402 Allen, Joliet

402 Allen
Joliet, IL 60436

  • 8 Beds
  • Built In 1899
Price

$405,000

Est Payment
$2,445 / month (details)  
Taxes
$5,807  
Beds
8  
Rooms
16  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
69x65  
Built
1899  
Neighborhood
Joliet  
MLS
#12566011
Status
Active (5 days)

Property Description

Great opportunity at Joliet, IL. This solid 3-unit multifamily property with strong income and tons of potential. This is a perfect fit for investors looking for steady cash flow or buyers planning to use an owner-occupied loan. The property is very spacious, Current tenants on month-to-month basis, giving flexibility to the next owner. Located in the growing city of Joliet, one of the fastest-developing areas in the southwest suburbs with new businesses, ongoing development, and increasing rental demand. Just minutes from Downtown Joliet, close to Louis Joliet Mall, shopping, schools, parks, and with easy access to Interstate 80 and Interstate 55, the location makes it very attractive for tenants. As a great extra, the garage brings $400 per month in additional income, making this property an even smarter buy. (Room sizes are estimated. Photos reflect the condition of the property prior to tenant occupancy.)

Property Map

Property Details

Utilities

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

Additional Information

Parking
2 Garage Spaces, Yes, Attached, Garage
Schools
District 204, District 86

Payment Calculator

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

Listing History

02-10-2026 Listed at $405,000
Last Modified 2/10/26 10:19 PM

Nearby Transportation

  • Heritage Corridor 0.7 mi
  • Rock Island 0.7 mi
  • I 80 West 0.1 mi
  • I 80 East 0.1 mi
  • I 55 North 5.0 mi
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