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$399,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • 1 Car Garage
  • Updated 3 hours ago
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Prime side-by-side, all-brick 2-unit in the heart of Joliet's highly desirable Cathedral Area, walking distance from the University of St. Francis. Each spacious unit offers its own private basement with laundry hookups and large screened-in back porch - perfect for relaxing or entertaining. The property also features private off-street parking, a new roof (2022), and a brand-new boiler (2025), along with two separate water heaters. One unit is already leased at $1,525/month providing immediate cash flow, while the other is vacant - ideal for an owner-occupant, live in one unit while the other produces income or an investor seeking strong rental potential in a prime location.

Full Property Details for 518 -520 N Raynor Ave

General

  • Price: $399,000
  • Taxes: $7,905 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12581980
  • Updated: Today (3/4/2026)
  • Added to Site: Today

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Unfinished

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 5
  • Parking Features: Yes, Garage Owned, Detached, Off-Alley, Garage

Location

  • Area: Joliet
  • County: Will
  • Township: Joliet
  • Driving Directions: RT. 52 (JEFFERSON ST.) TO RAYNOR NORTH OR RT. 7 (THEODORE ST.) TO RAYNOR SOUTH

School Information

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

Heating & Cooling

  • Heating Type: Radiant

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Prairie
  • Architectural Style: Prairie
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Block
  • Year Built: 1926
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 59 x 124
  • Zoning: MULTI

Financial Considerations

  • Insurance Fee: $2,023
  • Parking Included: Yes
  • Assessment Year: 1926
  • Tax Amount: $7,905
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 3007091150280000

Listed by Listing Leaders Northwest, Inc

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— 518 -520 N Raynor Ave —

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  • Listing Leaders Northwest, Inc

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NMLS#: 1598647

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Schools serving 518 -520 N Raynor Ave

School Districts:Joliet Public School District 86, Joliet Township High School District 204
NameGradesDistance
Farragut Elementary School
701 Glenwood Avenue, Joliet, IL 60435
K-50.2 mi
Hufford Junior High School
1125 North Larkin Avenue, Joliet, IL 60435
6-81.5 mi
Joliet Central High School
201 East Jefferson Street, Joliet, IL 60432
9-121.5 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 518 -520 N Raynor Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2026
Listed
$399,000
146.3%
MLS
9/15/2016
Sold
$162,000
—
Public Record
Get Price Alerts and Save Property
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 518 -520 N Raynor Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,905
-1%
$100,555
13%
2023
$7,970
7%
$89,343
11%
2022
$7,464
—
$80,817
7%
2022
$7,464
11%
$75,481
5%
2020
$6,730
5%
$71,682
8%
2019
$6,402
4%
$66,619
8%
2018
$6,134
6%
$61,559
10%
2017
$5,781
4%
$55,968
9%
2016
$5,536
3%
$51,512
7%
2015
$5,360
—
$48,300
1%
2014
$5,336
-2%
$48,050
-8%
2013
$5,461
-6%
$52,416
-15%
2012
$5,819
—
$61,479
—
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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518 -520 N Raynor Avenue, Joliet, IL 60435 (MLS# 12581980) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 518 -520 N Raynor Avenue is currently listed for $399,000 and was received on March 04, 2026. Want to learn more about 518 -520 N Raynor 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.

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