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$135,000 Contingent
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Property Description
Updated 2 bedroom, 1 bathroom second floor condo located at 220 Madison Street in Joliet offering comfortable living in a well maintained 12 unit building. This 878 square foot unit features several recent improvements including new flooring installed in 2025, a new stove in 2025, new AC units installed in 2023 and 2024, and a new water heater in 2024. The condo also features a newly constructed deck completed in 2024, providing a great space to relax outdoors, along with outdoor parking for added convenience. The building itself has been well cared for with a new roof completed in 2022 and offers an investor friendly environment. Located just minutes from downtown Joliet, this home provides easy access to local restaurants, shopping, parks, transportation, and entertainment. The property is also approximately a five minute drive from the Metra station, making it a strong option for commuters. The location offers convenient access to major highways including I 80 and I 55, allowing for easy travel to surrounding areas. A great opportunity for buyers seeking an affordable and well maintained home in a convenient location or an attractive investment opportunity.
Full Property Details
Full Property Details for 220 Madison St #2A
General
- Price: $135,000
- HOA FEE: $265/month
- Taxes: $2,460 (2024)
- Status: Contingent
- Type: Condo
- Source: MRED
- MLS ID: 12588345
- Updated: 3/31/2026
- Added to Site: 24 day(s) ago
Interior
- Basement: None
- Appliances: Range, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Coin Laundry, Laundry
- Other Features: School Bus Service
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 2
- Parking Features: Assigned, Off-Street, Yes, Owned
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: Glenwood ave then turn south onto Madison St.
School Information
- School District: 86
- Elem School District: 86
- Midd School District: 86
- High School District: 204
Community
- Assoc. Fees Include: Parking, Lawn Care, Scavenger, Snow Removal
- Mgmt. Company: Nemanich
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer, Storm Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Frame, Stone
- Exterior Const.: Frame, Stone
- Basement Desc.: None
- Entry Floor Number: 2
- Stories/Levels: 3
- Square Feet: 878
- Sq. Ft. Source: Estimated
- Year Built: 1980
Unit Information
- Units in Building: 12
Lot Features
- Lot Dimensions: Common
Financial Considerations
- Association Fee: $265
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1980
- Tax Amount: $2,460.06
- Tax Year: 2024
- Pays Sewer: Public Sewer, Storm Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 3007073110081008
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Schools
Schools serving 220 Madison St #2A
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Thomas Jefferson Elementary School, Joliet, IL 2651 Glenwood Avenue, Joliet, IL 60435 | PK-5 | 0.7 mi |
Hufford Junior High School 1125 North Larkin Avenue, Joliet, IL 60435 | 6-8 | 1.2 mi |
Joliet West High School 401 North Larkin Avenue, Joliet, IL 60435 | 9-12 | 0.3 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 220 Madison St #2A
Date
Details
Price
Change
Source
3/10/2026
Listed
$135,000
0.75%
MLS
2/24/2025
Sold
$134,000
—
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 220 Madison St #2A
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,130
6%
$37,371
13%
2023
$2,962
7%
$33,204
11%
2022
$2,774
—
$30,035
7%
2022
$2,774
11%
$28,052
5%
2020
$2,501
39%
$26,640
8%
2019
$1,803
7%
$24,758
8%
2018
$1,682
10%
$22,877
10%
2017
$1,529
8%
$20,799
9%
2016
$1,413
7%
$19,144
7%
2015
$1,326
—
$17,950
—
2014
$1,322
-2%
$17,900
-6%
2013
$1,355
-11%
$19,011
-14%
2012
$1,517
—
$22,028
—
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 220 Madison St #2A
220 Madison Street #2A, Joliet, IL 60435 (MLS# 12588345) is a Condo property with 2 bedrooms and 1 full bathroom. 220 Madison Street #2A is currently listed for $135,000 and was received on March 10, 2026. Want to learn more about 220 Madison Street #2A? Do you have questions about finding other Condo real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.

