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$540,000
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Property Description
A true Joliet gem! This 4-unit property stands out with its rare limestone exterior, a timeless feature you won't find built anymore. Each unit offers comfortable living with plenty of potential, and one unit is currently vacant, making it an excellent option for an owner-occupant or investor looking to add value. Don't miss this unique opportunity to own a piece of history with built-in investment potential!
Full Property Details
Full Property Details for 516 S Eastern Ave
General
- Sold For: $540,000
- Taxes: $6,563 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12521837
- Added to Site: 105 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 10
Additional Information
- Other Features: Interstate Access
Parking
- Total Spaces: 5
- Parking Features: Yes, Other
Location
- Area: Joliet
- County: Will
- Driving Directions: Chicago to McDonough go east to Eastern go south to building
School Information
- School District: 86
- Midd School District: 86
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Stone
- Exterior Const.: Stone
- Basement Desc.: Unfinished, Full
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.29
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 71 x 181 x 66 x 207
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1900
- Tax Amount: $6,563
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3007153080060000
Listed by Keller Williams ONEChicago
Sold by Universal Real Estate LLC
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Schools
Schools serving 516 S Eastern Ave
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Edna Keith Elementary School 400 4th Avenue, Joliet, IL 60433 | K-5 | 0.4 mi |
Washington Jr High & Academy Prgm 402 Richards Street, Joliet, IL 60433 | 6-8 | 0.4 mi |
Joliet West High School 401 North Larkin Avenue, Joliet, IL 60435 | 9-12 | 2.6 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 516 S Eastern Ave
Date
Details
Price
Change
Source
2/19/2026
Sold
$540,000
-6.9%
MLS
11/20/2025
Listed
$579,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
516 S Eastern Avenue, Joliet, IL 60433 (MLS# 12521837) is a Multi-Family property that was sold at $540,000 on February 19, 2026. Want to learn more about 516 S Eastern 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.

