402 Allen Street, Joliet, IL 60436

Local realty services provided by:Better Homes and Gardens Real Estate Connections
402 Allen Street,Joliet, IL 60436
$405,000
  • 8 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: anna chacon, mariano rotondo
Office: charles rutenberg realty of il
MLS#:12566011
Source:MLSNI

Price summary

  • Price:$405,000

About this home

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.)

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Home facts

  • Year built:1899
  • Listing ID #:12566011
  • Added:1 day(s) ago
  • Updated:February 11, 2026 at 12:41 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:5

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1899

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$405,000
  • Tax amount:$5,807 (2024)
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