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318 Dewey Street Joliet, IL 60436

$260,000
New / MLS# 12617517 / Multi Unit - Multiple / Joliet
4 Beds
2 Baths

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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Estimated Payment

$ 1,013.86 per month $577.78 Principal & Interest $360.25 Property Tax $75.83 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Partially Finished, Full
Basement: Yes
Heating: Natural Gas
Lot Size: 0.16 Acres
Roof Type: Asphalt
Taxes: $4,323
Year Built: 1930

Feature Descriptions

Additional rooms: Enclosed Porch
Additional Structures: Shed(s)
Exterior: Brick
Lot Dimensions: 50X138
Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
Parcel#: 3007161250080000
Parking: Unassigned, Off Street, Side Apron, Driveway, Yes, Other
Sewer: Public Sewer
Total Rooms: 14
Township: Joliet
Water: Public

Schools

High School: Joliet Central High School
Middle School: Dirksen Junior High School
Elementary School: Pershing Elementary School
School District: District 204

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Cirafici Real Estate

Listing Office Phone: 708-308-8677



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