Date
Details
Price
Change
Source
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.
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$579,999 Contingent
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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
- Price: $579,999
- Taxes: $6,563 (2024)
- Status: Contingent
- Type: Multi-Family
- Source: MRED
- MLS ID: 12521837
- Updated: 12/27/2025
- Added to Site: 59 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 10
Additional Information
- Other Features: Interstate Access
Parking
- Total Spaces: 5
- Parking Features: Yes, Other
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: Chicago to McDonough go east to Eastern go south to building
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: Stone
- Exterior Const.: Stone
- Basement: Yes
- 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
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3007153080060000
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— 516 S Eastern Ave —
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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
Tax History
Tax History for 516 S Eastern Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,563
6%
$78,357
13%
2023
$6,211
7%
$69,620
11%
2022
$5,816
—
$62,976
7%
2022
$5,816
11%
$58,818
5%
2020
$5,245
5%
$55,858
8%
2019
$4,989
4%
$51,913
8%
2018
$4,780
6%
$47,970
10%
2017
$4,505
4%
$43,613
9%
2016
$4,316
3%
$40,153
7%
2015
$4,178
—
$37,650
1%
2014
$4,159
—
$37,450
-6%
2013
$4,140
1%
$39,742
-8%
2012
$4,109
—
$43,412
—
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 516 S Eastern Ave
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,600Sq. Ft.
- Condo / Townhouse
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 740Sq. Ft.
- Single Family
- Active
- Updated 14 hours ago
- 3Beds
- 2Total Baths
- 2,147Sq. Ft.
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- Townhouse
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,992Sq. Ft.
- Townhouse
- Active
- Updated 6 hours ago
- 2Beds
- 2Total Baths
- 1,263Sq. Ft.
- Lots/Land
- Active
- Updated 14 hours ago
- 0.47Acres
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516 S Eastern Avenue, Joliet, IL 60433 (MLS# 12521837) is a Multi-Family property with 4 units containing 10 bedrooms and 0 full bathrooms. 516 S Eastern Avenue is currently listed for $579,999 and was received on November 20, 2025. 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.