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$320,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 11 hours ago
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Opportunity knocks with this fully rehabbed 2-unit property, completed in 2026. Each unit boasts modern updates, including new flooring, fresh paint, updated kitchens and bathrooms, and all systems (electrical, plumbing, HVAC) brought up to code. Ideal for owner-occupants or investors seeking turnkey rental income. Located in a convenient Joliet neighborhood close to schools, shopping, and transit. Don't miss the chance to own a move-in ready, income-generating property!

Full Property Details for 502 Liberty St

General

  • Price: $320,000
  • Taxes: $2,095 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12544592
  • Updated: 1/16/2026
  • Added to Site: 7 day(s) ago

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Other Features: Flood Zone

Location

  • Area: Joliet
  • County: Will
  • Township: Joliet
  • Driving Directions: Head west on Ward Ave toward Parks Ave, turn left onto Parks Ave, turn left onto E Liberty St.

School Information

  • School District: 86
  • Elem School District: 86
  • Midd School District: 86
  • High School District: 204

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Year Built: 1892
  • Built Before 1978: Yes
  • Remodeled/Updated: 2026

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: .08

Financial Considerations

  • Assessment Year: 1892
  • Tax Amount: $2,095
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 3007102210020000

Listed by Charles Rutenberg Realty of IL

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Listing agent

— 502 Liberty St —

  • Charles Rutenberg Realty of IL

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 502 Liberty 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-50.6 mi
Gompers Junior High School
1501 Copperfield Avenue, Joliet, IL 60432
6-81.3 mi
Joliet Central High School
201 East Jefferson Street, Joliet, IL 60432
9-120.6 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 502 Liberty St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Listed
$320,000
23.55%
MLS
2/05/2024
Sold
$259,000
—
Public Record
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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 for 502 Liberty St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,095
-44%
$25,008
-40%
2023
$3,718
27%
$41,676
11%
2022
$2,927
—
$37,699
7%
2022
$2,927
14%
$35,210
5%
2020
$2,576
7%
$33,438
8%
2019
$2,410
6%
$31,077
8%
2018
$2,264
9%
$28,717
10%
2017
$2,077
10%
$26,109
11%
2016
$1,888
6%
$23,569
7%
2015
$1,787
1%
$22,100
—
2014
$1,777
-3%
$22,000
-7%
2013
$1,826
-10%
$23,531
-14%
2012
$2,028
—
$27,424
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Charles Rutenberg Realty of IL

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502 Liberty Street, Joliet, IL 60432 (MLS# 12544592) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 502 Liberty Street is currently listed for $320,000 and was received on January 09, 2026. Want to learn more about 502 Liberty 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.

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