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Exceptional opportunity to acquire a well-maintained 6-unit townhouse-style multifamily investment in Joliet, Illinois. Unlike traditional apartment buildings, each residence is a true two-story townhouse featuring 2 bedrooms, 1.5 bathrooms, and a full private unfinished basement. Every unit includes a spacious living room, kitchen, and half bath on the first floor, with two bedrooms and a full bathroom upstairs. This highly desirable townhouse layout consistently attracts long-term tenants and commands stronger rents than conventional flat-style apartments. The property comes with a strong collection history, providing dependable day-one cash flow. Immediate flexibility for a new owner to gradually adjust rents toward market levels as turnover occurs. Current rents average approximately $1,370 per month, while comparable 2-bedroom townhouse rentals in the Joliet market achieve $1,700+ per month. This creates approximately $23,700 in additional annual gross rental income through rental repositioning alone, providing a clear and attainable value-add opportunity. Operating expenses are straightforward. Tenants responsible for their own electric service, while ownership is responsible for gas, water, and trash service, simplifying management while maintaining competitive rental rates. Recent capital improvements substantially reduce future maintenance obligations and include: New mansard roof (2023) New EPDM flat roof Three fully renovated units with updated flooring, paint, shower surrounds, and hardware Concrete leveling completed (2025) New asphalt driveway (2024) Exterior improvements completed Passed City of Joliet inspection (2025) Additional amenities include 12 off-street parking spaces, providing two dedicated parking spaces for each townhouse. This is a true turnkey investment with immediate income, limited deferred maintenance, and substantial upside through rental growth rather than capital improvements. Investment Highlights Six townhouse-style units All units are true 2-bedroom, 1.5-bath layouts Full private unfinished basement for every unit Strong rent collection history Average in-place rent: approximately $1,370/month Market rent potential exceeding $1,700/month Approximately $23,700 annual rental upside Tenants responsible for own electric Owner responsible for gas, water, and trash Twelve parking spaces (2 per unit) Significant recent capital improvements City of Joliet inspection passed in 2025 Whether you're expanding an existing portfolio or completing a 1031 exchange, 101 Nicholson Street offers stable cash flow today with a clear path to increased income and long-term appreciation.

12751098 MLS ⋅ CONTINGENT Status

Exceptional opportunity to acquire a well-maintained 6-unit townhouse-style multifamily investment in Joliet, Illinois. Unlike traditional apartment buildings, each residence is a true two-story townhouse featuring 2 bedrooms, 1.5 bathrooms, and a full private unfinished basement. Every unit includes a spacious living room, kitchen, and half bath on the first floor, with two bedrooms and a full bathroom upstairs. This highly desirable townhouse layout consistently attracts long-term tenants and commands stronger rents than conventional flat-style apartments. The property comes with a strong collection history, providing dependable day-one cash flow. Immediate flexibility for a new owner to gradually adjust rents toward market levels as turnover occurs. Current rents average approximately $1,370 per month, while comparable 2-bedroom townhouse rentals in the Joliet market achieve $1,700+ per month. This creates approximately $23,700 in additional annual gross rental income through rental repositioning alone, providing a clear and attainable value-add opportunity. Operating expenses are straightforward. Tenants responsible for their own electric service, while ownership is responsible for gas, water, and trash service, simplifying management while maintaining competitive rental rates. Recent capital improvements substantially reduce future maintenance obligations and include: New mansard roof (2023) New EPDM flat roof Three fully renovated units with updated flooring, paint, shower surrounds, and hardware Concrete leveling completed (2025) New asphalt driveway (2024) Exterior improvements completed Passed City of Joliet inspection (2025) Additional amenities include 12 off-street parking spaces, providing two dedicated parking spaces for each townhouse. This is a true turnkey investment with immediate income, limited deferred maintenance, and substantial upside through rental growth rather than capital improvements. Investment Highlights Six townhouse-style units All units are true 2-bedroom, 1.5-bath layouts Full private unfinished basement for every unit Strong rent collection history Average in-place rent: approximately $1,370/month Market rent potential exceeding $1,700/month Approximately $23,700 annual rental upside Tenants responsible for own electric Owner responsible for gas, water, and trash Twelve parking spaces (2 per unit) Significant recent capital improvements City of Joliet inspection passed in 2025 Whether you're expanding an existing portfolio or completing a 1031 exchange, 101 Nicholson Street offers stable cash flow today with a clear path to increased income and long-term appreciation.

101 Nicholson Street, Joliet

$350,000

2 Beds ⋅ 2 Baths ⋅ 12785118 MLS ⋅ CONTINGENT Status

Joliet

$294,500

Welcome to this updated 4-bedroom, 2-bath home, ideally located on a mature tree-lined street in Joliet's desirable Cathedral Area! The inviting farmhouse-industrial interior features neutral colors, hardwood flooring, a bright living room with a bow window, and a stylish wood accent wall. The spacious U-shaped kitchen offers abundant cabinetry and counter space, a pantry cabinet, stainless-steel refrigerator, and room for a dining table. A generously sized primary bedroom and two additional bedrooms are located on the main level, including one with direct access to the newer deck (2019). Furnace/AC (2024) The finished lower level provides exceptional additional living space with a massive family room, kitchenette, full bathroom, fourth bedroom, laundry area, and separate storage/workroom offering excellent potential for an in-law arrangement or extended living. Additional highlights include a newer roof (2016), a detached 2-car garage, and two adjacent parking spaces. Conveniently located near shopping, dining, schools, parks, and transportation. Welcome home!

3 Beds ⋅ 2 Baths ⋅ 12749755 MLS ⋅ CONTINGENT Status

Welcome to this updated 4-bedroom, 2-bath home, ideally located on a mature tree-lined street in Joliet's desirable Cathedral Area! The inviting farmhouse-industrial interior features neutral colors, hardwood flooring, a bright living room with a bow window, and a stylish wood accent wall. The spacious U-shaped kitchen offers abundant cabinetry and counter space, a pantry cabinet, stainless-steel refrigerator, and room for a dining table. A generously sized primary bedroom and two additional bedrooms are located on the main level, including one with direct access to the newer deck (2019). Furnace/AC (2024) The finished lower level provides exceptional additional living space with a massive family room, kitchenette, full bathroom, fourth bedroom, laundry area, and separate storage/workroom offering excellent potential for an in-law arrangement or extended living. Additional highlights include a newer roof (2016), a detached 2-car garage, and two adjacent parking spaces. Conveniently located near shopping, dining, schools, parks, and transportation. Welcome home!

811 Buell Avenue, Joliet

$260,000

Welcome to this charming and spacious home in the heart of Joliet's sought-after Cathedral Area, just two blocks from the University of St. Francis! Offering nearly 2,200 square feet of living space, this unique property features 4 bedrooms, 3 full bathrooms, and a flexible layout with room for a variety of living arrangements. The main level provides 2 bedrooms, a full bathroom, a spacious living room and dining room, as well as the kitchen and access to the basement. The second level offers 2 bedrooms, 2 full bathrooms, a comfortable living room, and convenient upstairs laundry-ideal for extended living, separate guest space, a home office setup, recreation area, or simply extra room to spread out. This home is filled with character and charm while offering plenty of opportunity to make it your own. Recent updates include a brand-new furnace and central air conditioning, new siding in 2024, fresh paint, and new flooring in select areas. With its generous space, versatile floor plan, and unbeatable Cathedral Area location, this home offers a rare opportunity to add your own vision and enjoy all that this established neighborhood has to offer. Home is being sold AS-IS.

4 Beds ⋅ 3 Baths ⋅ 12750404 MLS ⋅ CONTINGENT Status

Welcome to this charming and spacious home in the heart of Joliet's sought-after Cathedral Area, just two blocks from the University of St. Francis! Offering nearly 2,200 square feet of living space, this unique property features 4 bedrooms, 3 full bathrooms, and a flexible layout with room for a variety of living arrangements. The main level provides 2 bedrooms, a full bathroom, a spacious living room and dining room, as well as the kitchen and access to the basement. The second level offers 2 bedrooms, 2 full bathrooms, a comfortable living room, and convenient upstairs laundry-ideal for extended living, separate guest space, a home office setup, recreation area, or simply extra room to spread out. This home is filled with character and charm while offering plenty of opportunity to make it your own. Recent updates include a brand-new furnace and central air conditioning, new siding in 2024, fresh paint, and new flooring in select areas. With its generous space, versatile floor plan, and unbeatable Cathedral Area location, this home offers a rare opportunity to add your own vision and enjoy all that this established neighborhood has to offer. Home is being sold AS-IS.

307 Wilcox Street, Joliet

$249,900

Wow, come and take a look at this wonderful three-bedroom, two-bathroom home with a full basement and two-car garage in Joliet! A welcoming front porch invites you inside to beautiful hardwood flooring throughout the living room and main-level bedrooms. The main floor features three bedrooms, a lovely kitchen, and a full bathroom, while the full basement expands your living space with a dedicated office room and a convenient second full bath. Ideally located near top local schools, parks, shopping, and dining, this move-in ready home has it all-book your showing today!

3 Beds ⋅ 2 Baths ⋅ 12787584 MLS ⋅ CONTINGENT Status

Wow, come and take a look at this wonderful three-bedroom, two-bathroom home with a full basement and two-car garage in Joliet! A welcoming front porch invites you inside to beautiful hardwood flooring throughout the living room and main-level bedrooms. The main floor features three bedrooms, a lovely kitchen, and a full bathroom, while the full basement expands your living space with a dedicated office room and a convenient second full bath. Ideally located near top local schools, parks, shopping, and dining, this move-in ready home has it all-book your showing today!

511 Cornelia Street, Joliet

$150,000

Welcome to this two-story home on the west side of Joliet! Offering 3 bedrooms, 1 bath, living room area, separate dining room and a functional kitchen fully equipped with refrigerator, stove and dishwasher. The main level includes laundry hookups for added convenience. With a practical layout and comfortable living spaces, this home offers a great opportunity for homeowners or investors alike. Don't miss the opportunity to make this property your own! Move-in ready! Sold As-Is.

3 Beds ⋅ 1 Baths ⋅ 12793971 MLS ⋅ PENDING Status

Welcome to this two-story home on the west side of Joliet! Offering 3 bedrooms, 1 bath, living room area, separate dining room and a functional kitchen fully equipped with refrigerator, stove and dishwasher. The main level includes laundry hookups for added convenience. With a practical layout and comfortable living spaces, this home offers a great opportunity for homeowners or investors alike. Don't miss the opportunity to make this property your own! Move-in ready! Sold As-Is.

607 Oneida Street, Joliet

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