$340,000
$329,900
3.1%For more information regarding the value of a property, please contact us for a free consultation.
211 Casseday AVE Joliet, IL 60432
7 Beds
4 Baths
Key Details
Sold Price $340,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12736852
Sold Date 10/02/26
Bedrooms 7
Year Built 1900
Annual Tax Amount $4,414
Tax Year 2024
Lot Dimensions 6465
Property Sub-Type Two to Four Units
Property Description
Well-Maintained Vintage Brick Three-Flat Offering Spacious Units, 4-Car Garage, and Strong Income Potential. Pride of ownership is evident throughout this solid all-brick legal 3-unit building, owner-occupied and carefully maintained by the same family for more than 25 years. Unlike many investment properties, this building has benefited from long-term stewardship and ongoing maintenance, making it an exceptional opportunity for both investors and owner-occupants. Major capital improvements have already been completed, including replacement windows throughout the top and main units, a newer furnace and water heater (approximately 3 years old), and a roof replaced approximately 10 years ago. Ideally located just minutes from Downtown Joliet with convenient access to I-80 via both Richards Street and Briggs Street corridors, the property offers easy commuting throughout the Chicagoland area while remaining close to shopping, dining, employment centers, schools, and public transportation. The building features approximately 2,885 square feet of living space across three legal units, including a spacious 1,056 sq. ft. top-floor unit, a 1,079 sq. ft. main-floor unit, and a 750 sq. ft. garden unit. Additional amenities include enclosed rear porches providing valuable tenant storage, a shared laundry area, and a highly desirable 4-car detached garage with individual overhead doors, offering additional income potential and a feature seldom found in comparable multifamily properties. For owner-occupants, this property presents an outstanding opportunity to live in one unit while rental income from the remaining units helps with mortgage and living expenses. For investors, the building offers immediate cash-flow potential from day one with strong rental demand, separate electric service to each unit, and market rents in the area typically ranging from approximately $1,300 to $1,600 per unit. The combination of solid brick construction, large unit sizes, extensive mechanical updates, garage income potential, and a convenient commuter-friendly location creates a compelling value proposition for anyone seeking long-term wealth building through real estate. Ready to produce passive income from the moment you close. Property is Being Sold As-Is.
Location
State IL
County Will
Area Joliet
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Equipment CO Detectors, Ceiling Fan(s), Water Heater-Gas
Fireplace N
Exterior
Exterior Feature Balcony
Garage Spaces 4.0
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Woodland Elementary School
Middle Schools Washington 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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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Iwona Dong of Charles Rutenberg Realty
NEARBY SCHOOLS & BUSINESSES

Craig Hogan | Rudy Zavala
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