101 S Eastern Avenue, Joliet, IL

$399,000

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7

Beds

About 101 S Eastern Avenue

This solid 2-unit building delivers the perfect blend of space, convenience, and strong financial performance, generating approximately $49,200 in annual residential rent plus an additional $4,800 from parking income-a standout opportunity for any investor. The property offers extensive parking, including a covered 2-car carport and plenty of uncovered spaces, a rare advantage in this area. The bright and well-laid-out upper unit includes access to a full attic with 8-foot ceilings, offering tremendous potential to expand into a large duplex-style layout or create additional living space to maximize future value. Its strategic location places you just minutes from Downtown Joliet, the Metra Rock Island Line, shopping, restaurants, schools, parks, and quick connections to I-80 and I-55, ensuring high rental demand and long-term stability. A versatile, income-producing property with clear room for growth, ready to perform from day one.

Features of 101 S Eastern Avenue

MLS® # 12712600
Price $399,000
Bedrooms 7
Bathrooms 0.00
Year Built 1909
Type Residential Income
Sub-Type Two to Four Units
Status Active
Taxes $5,583

Community Information

Address 101 S Eastern Avenue
Area Joliet
City Joliet
County Will
State IL
Zip Code 60433

Amenities

Parking Spaces 2
Parking Yes, Detached, Garage
# of Garages 2
Is Waterfront No
New Construction No
Has Pool No

Interior

Heating Forced Air
Fireplace No
Has Basement Yes
Basement Unfinished, Walk-Out Access

Exterior

Exterior Vinyl Siding

School Information

District 86

Additional Information

Days on Market 7
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCharles Rutenberg Realty

Listing Map

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