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$290,000

  • Sold
  • Closed
  • Multi-Family
  • 5 Total Beds
  • Updated 3 days ago
See This Home
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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 for 1312 Elizabeth St

General

  • Sold For: $290,000
  • Taxes: $4,496 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12716502
  • Added to Site: 17 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Other Features: School Bus Service, Commuter Bus

Parking

  • Total Spaces: 7
  • Parking Features: Yes

Location

  • Area: Joliet
  • County: Will
  • 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
  • Midd School District: 86

Heating & Cooling

  • Heating Type: Natural Gas, Baseboard, Sep Heating Systems - 2+

Utilities

  • Water: Public

Structural Information

  • Construction: Vinyl Siding, Block
  • Exterior Const.: Vinyl Siding, Block
  • Basement Desc.: Unfinished, Partial, Walk-Out Access
  • Year Built: 1916
  • Built Before 1978: Yes
  • Remodeled/Updated: 2021

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 50 x 132

Financial Considerations

  • Assessment Year: 1916
  • Tax Amount: $4,496
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Standard
  • Property ID: 3007042040020000

Listed by Beycome Brokerage Realty LLC
Sold by Better Homes and Gardens

Listing agent

— 1312 Elizabeth St —

  • Beycome Brokerage Realty LLC

(804) 656-5007

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1312 Elizabeth St

School Districts:Joliet Public School District 86, Joliet Township High School District 204
NameGradesDistance
M J Cunningham Elementary School
500 Moran Street, Joliet, IL 60435
K-50.6 mi
Hufford Junior High School
1125 North Larkin Avenue, Joliet, IL 60435
6-82 mi
Joliet Central High School
201 East Jefferson Street, Joliet, IL 60432
9-121.7 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
8/06/2026
Sold
$290,000
5.49%
MLS
6/17/2026
Listed
$274,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Beycome Brokerage Realty LLC
Sold by Better Homes and Gardens

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1312 Elizabeth Street, Joliet, IL 60435 (MLS# 12716502) is a Multi-Family property that was sold at $290,000 on August 06, 2026. Want to learn more about 1312 Elizabeth Street? 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.