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$399,000

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • 2 Car Garage
  • Updated 7 days ago
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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.

Full Property Details for 101 S Eastern Ave

General

  • Price: $399,000
  • Taxes: $5,583 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12526230
  • Updated: 1/11/2026
  • Added to Site: 47 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 7

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Detached, Garage

Location

  • Area: Joliet
  • County: Will
  • Township: Joliet
  • Driving Directions: Route 53 to Osgood (east) to Eastern Ave (north)

School Information

  • School District: 204
  • Elem School District: 204
  • Midd School District: 204
  • High School District: 86

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Walk-Out Access
  • Year Built: 1909
  • Built Before 1978: Yes
  • Remodeled/Updated: 2019

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 90 x 102

Financial Considerations

  • Assessment Year: 1909
  • Tax Amount: $5,583
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 3007151100170000

Listed by Charles Rutenberg Realty of IL and Charles Rutenberg Realty

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Listing agents

— 101 S Eastern Ave —

  • Charles Rutenberg Realty of IL

  • Charles Rutenberg Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 101 S Eastern Ave

School Districts:Joliet Public School District 86, Joliet Township High School District 204
NameGradesDistance
Woodland Elementary School, Joliet, IL
701 3rd Avenue, Joliet, IL 60433
PK-50.8 mi
Washington Jr High & Academy Prgm
402 Richards Street, Joliet, IL 60433
6-80.5 mi
Joliet Central High School
201 East Jefferson Street, Joliet, IL 60432
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 101 S Eastern Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/02/2025
Listed
$399,000
14%
MLS
8/14/2024
Sold
$350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 101 S Eastern Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,583
6%
$66,651
13%
2023
$5,283
7%
$59,219
11%
2022
$4,947
—
$53,567
43%
2022
$4,947
48%
$37,528
5%
2020
$3,346
5%
$35,639
8%
2019
$3,183
4%
$33,122
8%
2018
$3,050
6%
$30,606
10%
2017
$2,874
3%
$27,826
7%
2016
$2,797
3%
$26,023
7%
2015
$2,708
1%
$24,400
1%
2014
$2,693
-1%
$24,250
-7%
2013
$2,718
-1%
$26,086
-10%
2012
$2,736
—
$28,908
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Charles Rutenberg Realty of IL and Charles Rutenberg Realty

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101 S Eastern Avenue, Joliet, IL 60433 (MLS# 12526230) is a Multi-Family property with 2 units containing 7 bedrooms and 0 full bathrooms. 101 S Eastern Avenue is currently listed for $399,000 and was received on December 02, 2025. Want to learn more about 101 S Eastern Avenue? Do you have questions about finding other Multi-Family real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.

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