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$383,000

  • Sold
  • Closed
  • Multi-Family
  • 7 Total Beds
See This Home
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See This Home
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Investor Opportunity - 4-Unit Property with Strong Cash Flow Large 4-unit property offering excellent investment potential. Three units are currently occupied by long-term tenants on month-to-month leases, providing stable rental income. One unit is vacant, giving you the chance to make minor upgrades and increase rental rates for added cash flow. This property is a great opportunity for both seasoned and first-time investors seeking steady monthly income with value-add potential. Showing Instructions: Owner must be present at all showings. Please allow a minimum of 48 hours to schedule, as showings must be coordinated with three tenants. Being sold AS-IS.

Full Property Details for 217-219 Sherman St

General

  • Sold For: $383,000
  • Taxes: $4,931 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12454603
  • Added to Site: 146 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Equipment: Multiple Water Heaters
  • Other Features: School Bus Service

Exterior

  • Exterior Features: Balcony

Parking

  • Total Spaces: 7
  • Parking Features: Unassigned, Yes, Owned

Location

  • Area: Joliet
  • County: Will
  • Driving Directions: Richard St, to 3rd Ave to Sherman St.

School Information

  • School District: 86
  • Midd School District: 86

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Unfinished, Cellar, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 1890
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 82 x 153
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1890
  • Tax Amount: $4,931.18
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 3007151200170000

Listed by Pilmer Real Estate, Inc
Sold by RE/MAX Ultimate Professionals

Listing agent

— 217-219 Sherman St —

  • Pilmer Real Estate, Inc

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

Price & Sales History for 217-219 Sherman St

Date
Details
Price
Change
Source
11/06/2025
Sold
$383,000
0.79%
MLS
9/22/2025
Price Reduced
$380,000
-2.56%
MLS
8/25/2025
Listed
$390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Pilmer Real Estate, Inc
Sold by RE/MAX Ultimate Professionals

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217-219 Sherman Street, Joliet, IL 60433 (MLS# 12454603) is a Multi-Family property that was sold at $383,000 on November 06, 2025. Want to learn more about 217-219 Sherman 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.