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318 Dewey Street, Joliet, IL 60436

$260,000

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  • 4 BedroomBeds
  • 2 BathroomBaths
  • Sqft
  • 0Acres
  • Multi-FamilyType
  • Active Under ContractStatus
  • 12617517MLS#
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Property Description 318 Dewey Street, Joliet, IL, 60436

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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Property Details 318 Dewey Street, Joliet, IL, 60436

  • On Market Date: 04/15/2026
  • Year Built: 1930
  • MLS#: 12617517
  • Type: Multi-Family
  • Status: Active Under Contract
  • Price: $260,000
  • City: Joliet
  • State: IL
  • Zip: 60436
  • County: Will
  • Development: NO
  • Date Last Updated: 04/26/2026

Bedrooms

  • Beds: 4

Bathrooms

  • Total Bathrooms: 2
  • Basement: Yes
  • Pool: NO
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Natural Gas

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