211 Casseday Avenue, Joliet, IL 60432
Local realty services provided by:ERA Partners
211 Casseday Avenue,Joliet, IL 60432
$329,900
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: robert martinez
Office: coldwell banker realty
MLS#:12736852
Source:MLSNI
Price summary
- Price:$329,900
About this home
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....
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Home facts
- Year built:1900
- Listing ID #:12736852
- Updated:September 06, 2026 at 08:11 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:18
- Basement Description:Finished, Full
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Exterior Features:Balcony
- Foundation Description:Concrete Perimeter
Schools
- High school:Joliet Central High School
- Middle school:Washington Junior High School
- Elementary school:Woodland Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$329,900
- Tax amount:$4,414 (2024)
Features and amenities
- Amenities:CO Detectors, Ceiling Fan(s)
Parking
- Total parking spaces:7
- Parking description:Detached Garage, Driveway, Garage
- Garage:Yes
- Garage spaces:4
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