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$260,000 Contingent
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Property Description
Seller has instructed me to reduce the list price of this building to $260,000. A $20,000 savings to its new owner! With some blood, sweat, hard work and imagination you can own this four unit. It is in need of a complete rehab. It does have separate 5 gas and 4 electric meters. There is one water meter. The building is being sold in AS-IS condition. The seller will not do any repairs or offer any closing credits. The pricing of this building reflects the building's condition. 24 hour notice please.
Full Property Details
Full Property Details for 205 Union St
General
- Price: $260,000
- Taxes: $4,146 (2024)
- Status: Contingent
- Type: Multi-Family
- Source: MRED
- MLS ID: 12466449
- Updated: 11/6/2025
- Added to Site: 103 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access, Flood Zone
Parking
- Total Spaces: 4
- Parking Features: Off-Street, Yes
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: Richard's S. To Third Ave E. To Union N.
School Information
- School District: 86
- Elem School District: 86
- Midd School District: 86
- High School District: 204
Heating & Cooling
- Heating Type: Natural Gas, Steam
Utilities
- Sewer: Public Sewer, Storm Sewer
- Water: Public
Structural Information
- Architectural Info: American 4-Sq.
- Architectural Style: American Foursquare
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Stone
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 31.12 x 138.50
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1890
- Tax Amount: $4,146.7
- Tax Year: 2024
- Pays Sewer: Public Sewer, Storm Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3007151220120000
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Schools
Schools serving 205 Union St
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Edna Keith Elementary School 400 4th Avenue, Joliet, IL 60433 | K-5 | 0.2 mi |
Washington Jr High & Academy Prgm 402 Richards Street, Joliet, IL 60433 | 6-8 | 0.3 mi |
Joliet Central High School 201 East Jefferson Street, Joliet, IL 60432 | 9-12 | 0.5 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 205 Union St
Date
Details
Price
Change
Source
10/14/2025
Price Reduced
$260,000
-7.14%
MLS
10/08/2025
Listed
$280,000
—
MLS
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 205 Union St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,147
10%
$65,508
13%
2023
$3,765
-2%
$58,204
11%
2022
$3,846
—
$52,649
7%
2022
$3,846
15%
$49,173
5%
2020
$3,352
8%
$46,698
8%
2019
$3,113
7%
$43,400
8%
2018
$2,900
10%
$40,104
10%
2017
$2,630
12%
$36,462
11%
2016
$2,354
7%
$32,902
7%
2015
$2,203
1%
$30,850
—
2014
$2,188
-6%
$30,700
-8%
2013
$2,324
-13%
$33,307
-13%
2012
$2,661
—
$38,115
—
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 205 Union St
205 Union Street, Joliet, IL 60433 (MLS# 12466449) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 205 Union Street is currently listed for $260,000 and was received on October 08, 2025. Want to learn more about 205 Union 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.

