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$380,000

  • Sold
  • Closed
  • Multi-Family
  • 7 Total Beds
See This Home
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Investors Welcome! This well-maintained 4-unit building offers an excellent opportunity for steady rental income. The main floor features a spacious 3-bedroom/1-bath front apartment and a 1-bedroom/1-bath rear unit. The second floor includes a 2-bedroom/1-bath front unit and a 1-bedroom/1-bath rear unit. Major updates completed in 2017 include electric, plumbing, roof, windows, and insulation. Each unit is separately metered for gas and electric and has its own furnace and water heater. The front units on both levels include in-unit laundry with washer/dryer combos. Tenants are responsible for gas and electric, while the landlord pays water, and garbage. Exterior access to basement/cellar. All units are currently occupied, perfect for investors seeking a stable, income-producing property.

Full Property Details for 409 State St

General

  • Sold For: $380,000
  • Taxes: $5,963 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12495701
  • Added to Site: 90 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Other Features: Commuter Bus, Flood Zone

Parking

  • Total Spaces: 3
  • Parking Features: Side Apron, Yes, Owned

Location

  • Area: Joliet
  • County: Will
  • Driving Directions: IL-53 (Chicago St) to E Clinton, left on N Ottawa, right on State St

School Information

  • School District: 86
  • Midd School District: 86
  • Elementary School: Sator Sanchez School
  • Middle School: Gompers Junior High School
  • High School: Joliet Central High School
  • Private School: Joliet Central High School

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Cellar, Exterior Entry, Full
  • Foundation: Stone
  • Roof: Asphalt
  • Year Built: 1907
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 34 x 150
  • Fence: Yes
  • Zoning: MULTI
  • Fencing (Description): Fenced

Financial Considerations

  • Assessment Year: 1907
  • Tax Amount: $5,963
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 3007101310040000

Listed by john greene, Realtor
Sold by RE/MAX Ultimate Professionals

Listing agent

— 409 State St —

  • john greene, Realtor

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 409 State St

School Districts:Joliet Public School District 86, Joliet Township High School District 204
NameGradesDistance
Sator Sanchez Elementary School
1101 Harrison Avenue, Joliet, IL 60432
K-50.9 mi
Gompers Junior High School
1501 Copperfield Avenue, Joliet, IL 60432
6-81.8 mi
Joliet Central High School
201 East Jefferson Street, Joliet, IL 60432
9-120.4 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 409 State St

Date
Details
Price
Change
Source
12/01/2025
Sold
$380,000
—
MLS
10/14/2025
Listed
$380,000
—
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 john greene, Realtor
Sold by RE/MAX Ultimate Professionals

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409 State Street, Joliet, IL 60432 (MLS# 12495701) is a Multi-Family property that was sold at $380,000 on December 01, 2025. Want to learn more about 409 State 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.