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$405,000
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Property Description
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
Full Property Details for 518 -520 N Raynor Ave
General
- Sold For: $405,000
- Taxes: $7,905 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12581980
- Added to Site: 132 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 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
- Driving Directions: RT. 52 (JEFFERSON ST.) TO RAYNOR NORTH OR RT. 7 (THEODORE ST.) TO RAYNOR SOUTH
School Information
- School District: 86
- Midd School District: 86
Heating & Cooling
- Heating Type: Radiant
Utilities
- Water: Public
Structural Information
- Architectural Style: Prairie
- Construction: Brick
- Exterior Const.: Brick
- 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
- Parking Included: Yes
- Assessment Year: 1926
- Tax Amount: $7,905
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3007091150280000
Listed by Listing Leaders Northwest, Inc
Sold by Real People Realty
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Schools
Schools serving 518 -520 N Raynor 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 | 0.2 mi |
Hufford Junior High School 1125 North Larkin Avenue, Joliet, IL 60435 | 6-8 | 1.5 mi |
Joliet Central High School 201 East Jefferson Street, Joliet, IL 60432 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 518 -520 N Raynor Ave
Date
Details
Price
Change
Source
5/15/2026
Sold
$405,000
1.5%
MLS
3/04/2026
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
518 -520 N Raynor Avenue, Joliet, IL 60435 (MLS# 12581980) is a Multi-Family property that was sold at $405,000 on May 15, 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.

