318 Dewey Street, Joliet, IL 60436
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: joe cirafici
Office: cirafici real estate
MLS#:12617517
Source:MLSNI
Price summary
- Price:$260,000
About this home
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....
Contact an agent
Home facts
- Year built:1930
- Listing ID #:12617517
- Updated:April 25, 2026 at 07:46 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:14
- Basement:Yes
- Basement Description:Full, Partially Finished
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1930
- Foundation Description:Stone
Schools
- High school:Joliet Central High School
- Middle school:Dirksen Junior High School
- Elementary school:Pershing Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$260,000
- Tax amount:$4,323 (2024)
Features and amenities
- Amenities:CO Detectors, Ceiling Fan(s), Sump Pump
Parking
- Total parking spaces:2
- Parking description:Driveway, Off Street, Side Apron, Unassigned
New listings near 318 Dewey Street
- New
$424,900Active3 beds 4 baths2,043 sq. ft.3009 Sanctuary Court, Joliet, IL 60435
MLS# 12624282Listed by: KARGES REALTY - New
$349,999Active3 beds 2 baths1,750 sq. ft.2906 Warren Dorris Drive, Joliet, IL 60435
MLS# 12627363Listed by: NEXTHOME SELECT REALTY - New
$599,000Active4 beds 4 baths4,167 sq. ft.3203 Hickory Creek Drive, New Lenox, IL 60451
MLS# 12609747Listed by: MURPHY REAL ESTATE GROUP - Open Sun, 12 to 2pmNew
$380,000Active3 beds 4 baths2,391 sq. ft.1214 Norley Avenue, Joliet, IL 60435
MLS# 12627115Listed by: EPIC REAL ESTATE GROUP - New
$249,900Active2 beds 2 baths1,141 sq. ft.1405 Hidden Grove Circle #1405, Joliet, IL 60435
MLS# 12628498Listed by: CIRCLE ONE REALTY - New
$325,000Active3 beds 1 baths1,604 sq. ft.Address Withheld By Seller, Joliet, IL 60435
MLS# 12616861Listed by: CROSSTOWN REALTORS INC - Open Sun, 1 to 4pmNew
$339,900Active3 beds 2 baths1,417 sq. ft.1307 Broadlawn Drive, Plainfield, IL 60586
MLS# 12628311Listed by: CRIS REALTY - New
$599,900Active4 beds 4 baths3,055 sq. ft.22154 S Gawain Drive, Joliet, IL 60404
MLS# 12624108Listed by: TLC REAL ESTATE SERVICES - New
$289,900Active2 beds 3 baths1,451 sq. ft.2635 Canyon Drive, Plainfield, IL 60586
MLS# 12626580Listed by: COLDWELL BANKER REALTY - New
$315,000Active2 beds 3 baths1,560 sq. ft.1203 Violet Lane, Joliet, IL 60431
MLS# 12628402Listed by: COLDWELL BANKER REALTY