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$274,900 Sale Pending
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Property Description
Turnkey 2-unit multi-family in an established Joliet neighborhood - fully occupied and producing income now. Both units are leased to in-place tenants, so there's no vacancy to fill and no work to do. Tenants pay their own utilities, and the rents sit at or near market with room to grow at renewal - a strong, sustainable income profile at the list price. Approximately 1,572 sq ft across two separate units on a full 50 x 132 lot (about 6,600 sq ft), featuring a deck with each unit equipped with its own appliances. Located in an active, established Joliet rental market with steady tenant demand. Live in one unit while the other helps off set the or hold both as a cash-flowing investment. A rare, ready-to-go income property.
Full Property Details
Full Property Details for 1312 Elizabeth St
General
- Price: $274,900
- Taxes: $4,496 (2025)
- Status: Pending
- Type: Single Family
- Source: MRED
- MLS ID: 12681026
- Updated: 6/24/2026
- Added to Site: 27 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 7
- Parking Features: Yes
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: Drive north on North Raynor Ave. Right to Ingalls Ave. Left to Elizabeth St. Property is on the right.
School Information
- School District: 86
- Elem School District: 86
- Midd School District: 86
- High School District: 204
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Natural Gas, Baseboard, Sep Heating Systems - 2+
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Block
- Exterior Const.: Vinyl Siding, Block
- Basement: Yes
- Basement Desc.: Partially Finished, Exterior Entry, Partial, Walk-Out Access
- Foundation: Block
- Roof: Asphalt
- Square Feet: 1,572
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1916
- Built Before 1978: Yes
- Remodeled/Updated: 2021
Lot Features
- Lot Size (Acres): 0.15
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 132
Financial Considerations
- Assessment Year: 1916
- Tax Amount: $4,496
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 3007042040020000
Listed by Beycome Brokerage Realty LLC
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Schools
Schools serving 1312 Elizabeth St
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
M J Cunningham Elementary School 500 Moran Street, Joliet, IL 60435 | K-5 | 0.6 mi |
Hufford Junior High School 1125 North Larkin Avenue, Joliet, IL 60435 | 6-8 | 2 mi |
Joliet Central High School 201 East Jefferson Street, Joliet, IL 60432 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1312 Elizabeth St
Date
Details
Price
Change
Source
6/17/2026
Listed
$274,900
52.72%
MLS
1/03/2022
Sold
$180,000
—
Public Record
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
Tax History for 1312 Elizabeth St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,497
-3%
$58,549
13%
2023
$4,641
7%
$52,021
11%
2022
$4,346
—
$47,056
7%
2022
$4,346
11%
$43,949
5%
2020
$3,919
5%
$41,737
8%
2019
$3,727
9%
$38,789
13%
2018
$3,417
6%
$34,293
10%
2017
$3,221
4%
$31,178
9%
2016
$3,083
3%
$28,689
7%
2015
$2,985
—
$26,900
1%
2014
$2,971
—
$26,750
-6%
2013
$2,973
-7%
$28,542
-15%
2012
$3,191
—
$33,710
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1312 Elizabeth St
1312 Elizabeth Street, Joliet, IL 60435 (MLS# 12681026) is a Single Family property with 5 bedrooms and 2 full bathrooms. 1312 Elizabeth Street is currently listed for $274,900 and was received on June 17, 2026. Want to learn more about 1312 Elizabeth Street? Do you have questions about finding other Single Family real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.

