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7 Beds
2 Baths

$399,000

101 S Eastern Avenue, Joliet IL, 60433

Built in1909
Property typeMulti-family
Listed by Mariano Rotondo with Charles Rutenberg Realty 630-917-9322

Overview

Active

Listed Jul 22, 2026

Updated Jul 29

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.

$2,655/mo

Est. mortgage payment based on a $399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12712600

Interior Features

Bedrooms
7
Bathrooms
2
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$5,583
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Mariano Rotondo with Charles Rutenberg Realty 630-917-9322

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Pelton Collaborative are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 7/29/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

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Data is refreshed every 3 hours. Listing last updated 3:24 PM UTC on 7/29/2026. 

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