318 Dewey Street, Joliet, IL 60436
Local realty services provided by:Results Realty ERA Powered
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....
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Home facts
- Year built:1930
- Listing ID #:12617517
- Updated:April 23, 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
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