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Property Description
*** Positioned in Joliet's sought-after Cathedral Area!!! *** This F U L L Y - R E N O V A T E D two-unit home presents a rare opportunity for both investors and multi-generational buyers seeking flexibility, stability, and long-term value!!! Each expansive unit offers a true three-bedroom layout with generous living space - approximately 1,426 square feet on the first floor and 1,699 square feet on the second - delivering the feel of two full single-family homes under one roof. The interiors have been METICULOUSLY upgraded and showcase model-like presentation throughout!!! Every detail has been executed by a contractor with more than 25 years of quality craftsmanship experience, ensuring the finishes are not only beautiful but built to last. Both residences feature refinished hardwood flooring, new windows, fresh designer paint, updated kitchens with stainless steel appliances, recessed lighting, and soaring 9-foot ceilings that create a bright, open atmosphere. Formal dining rooms provide a natural gathering space for entertaining, while decorative fireplaces in each unit add architectural character and warmth. The thoughtful layout allows for privacy and independence. Separate utility meters, distinct entrances, and well-planned circulation make this an ideal structure for extended families looking to live together while maintaining separate living quarters. The first-floor unit greets you with an impressive entry foyer accented by detailed woodwork and a dramatic built-in mirror feature. Upstairs, the second-floor unit offers a charming enclosed front porch - perfect as a reading nook, office space, or peaceful morning retreat. From an investment perspective, the fundamentals are strong. Separate utilities simplify management and expense allocation. Two large garages - one 2-car and one 2 1/2-car - combined with newly completed dual driveways provide exceptional parking capacity, a significant advantage for tenants and owners alike. The size, layout, and condition position this property attractively for strong rental income potential, owner-occupant house hacking, corporate or medical professional housing, or long-term portfolio holding in an established neighborhood known for architectural character and proximity to downtown Joliet amenities. This home is turnkey in the truest sense - no deferred maintenance, no renovation guesswork, no capital improvement surprises. It shows like a model and reflects pride of workmanship throughout. Whether you are an investor seeking reliable cash flow and asset appreciation, a multi-generational family desiring proximity without compromise, or an owner looking for rental income, this opportunity checks every box. Properties in this condition and configuration rarely become available in the Cathedral Area. Schedule your private showing today and secure this exceptional investment before it's gone!
Full Property Details
Full Property Details for 416 Buell Ave
General
- Price: $500,000
- Taxes: $8,136 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12565102
- Updated: 2/13/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: School Bus Service, Historical District
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: Rt 59 South, 30 East, Right on Charlotte Ave, Left on Buell Ave
School Information
- School District: 86
- Elem School District: 86
- Midd School District: 204
- High School District: 86
- Elementary School: Eisenhower Elementary School
- Middle School: Joliet Central High School
- High School: Forest Park Individual Ed School
- Private School: Forest Park Individual Ed School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Roof: Asphalt
- Year Built: 1904
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.22
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 24.9 x 39.7 x 161.4 x 47.7 x 162.6
Financial Considerations
- Assessment Year: 1904
- Tax Amount: $8,136
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3007093090160000
Listed by RE/MAX of Naperville
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Schools
Schools serving 416 Buell Ave
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Farragut Elementary School 701 Glenwood Avenue, Joliet, IL 60435 | K-5 | 0.4 mi |
Dirksen Junior High School 203 South Midland Avenue, Joliet, IL 60436 | 6-8 | 1.4 mi |
Joliet Central High School 201 East Jefferson Street, Joliet, IL 60432 | 9-12 | 1 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 416 Buell Ave
Date
Details
Price
Change
Source
2/12/2026
Listed
$500,000
233.33%
MLS
10/09/2025
Sold
$150,000
—
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 416 Buell Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,136
8%
$113,134
13%
2023
$7,540
123%
$100,519
11%
2022
$3,386
—
$90,926
7%
2022
$3,386
-2%
$84,922
5%
2020
$3,442
-2%
$80,648
8%
2019
$3,523
-4%
$74,952
8%
2018
$3,653
-4%
$69,259
10%
2017
$3,787
-4%
$62,969
9%
2016
$3,941
-3%
$57,964
7%
2015
$4,069
—
$54,350
—
2014
$4,072
7%
$54,100
-6%
2013
$3,820
7%
$57,476
-7%
2012
$3,565
—
$61,529
—
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 416 Buell Ave
416 Buell Avenue, Joliet, IL 60435 (MLS# 12565102) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 416 Buell Avenue is currently listed for $500,000 and was received on February 12, 2026. Want to learn more about 416 Buell Avenue? 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.

