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Jordan Savage

jordan@thejordansavage.com +1(331) 330-8323

$ 260,000

Est. payment -/mo

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New

318 Dewey ST Joliet, IL 60436

4 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12617517

Bedrooms 4

Year Built 1930

Annual Tax Amount $4,323

Tax Year 2024

Lot Dimensions 50X138

Property Sub-Type Two to Four Units

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.

Location

State IL

County Will

Area Joliet

Zoning MULTI

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas

Equipment CO Detectors, Ceiling Fan(s), Sump Pump

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Pershing Elementary School

Middle Schools Dirksen Junior High School

High Schools Joliet Central High School

School District 86 , 86, 204

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Joe Cirafici of Cirafici Real Estate

NEARBY SCHOOLS & PROPERTIES

Jordan Savage

Broker | License ID: 475.191349

+1(331) 330-8323

Jordan Savage

318 Dewey ST Joliet, IL 60436

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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318 Dewey ST