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$175,000 Contingent
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Property Description
Legal two flat in the heart of downtown Joliet. 4 bedrooms and 2 full bathrooms in featuring numerous recent updates throughout. A legal two unit in the heart of downtown tho the perfect single family living as well. The bright first floor features brand-new carpet, while the dining room showcases attractive hardwood laminate flooring. The kitchen has been refreshed with new appliances, making it ready for everyday living and entertaining. Major improvements include all new windows (2024), a hot water boiler (2024), new water heater (2026), new baseboards, exterior painting completed in 2025, and roof and gutters replaced in 2020. The second floor would make for the ideal living set up or for cash flow. It features a separate entrance as well. Additional features include an owned water softener, three window A/C units, a deck for outdoor enjoyment. Conveniently located near shopping, dining, parks, and major roadways, this well-maintained home is a great opportunity for homeowners and investors alike.
Full Property Details
Full Property Details for 528 Water St
General
- Price: $175,000
- Taxes: $2,344 (2025)
- Status: Contingent
- Type: Multi-Family
- Source: MRED
- MLS ID: 12666821
Rental Information
- Complex Features: Sidewalks, Street Lights
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Water Softener (Owned), Ceiling Fan(s), Water Heater-Gas
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Total Spaces: 4
- Parking Features: Off-Street, Driveway, On Street, Garage Faces Side, Yes
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: Take Jefferson St to S Desplaines St to Water St
School Information
- School District: 86
- Elem School District: 86
- Midd School District: 86
- High School District: 86
Heating & Cooling
- Heating Type: Natural Gas, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Roof: Asphalt
- Year Built: 1898
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Additional Structures
- Other Structures: On Street
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 149 x 48
Financial Considerations
- Assessment Year: 1898
- Tax Amount: $2,344
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3007164240050000
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Schools
Schools serving 528 Water St
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 | 0.8 mi |
Washington Jr High & Academy Prgm 402 Richards Street, Joliet, IL 60433 | 6-8 | 0.7 mi |
Joliet West High School 401 North Larkin Avenue, Joliet, IL 60435 | 9-12 | 2.4 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 528 Water St
Date
Details
Price
Change
Source
6/05/2026
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 528 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,344
85%
$34,025
13%
2023
$1,270
-16%
$30,231
11%
2022
$1,510
—
$27,346
7%
2022
$1,510
64%
$25,540
5%
2020
$923
-2%
$24,255
8%
2019
$945
-4%
$22,542
8%
2018
$980
20%
$20,830
10%
2017
$820
18%
$18,938
9%
2016
$692
16%
$17,437
7%
2015
$594
1%
$16,350
—
2014
$589
-10%
$16,300
-6%
2013
$655
-23%
$17,292
-9%
2012
$848
—
$18,959
—
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 528 Water St
528 Water Street, Joliet, IL 60436 (MLS# 12666821) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 528 Water Street is currently listed for $175,000 and was received on June 05, 2026. Want to learn more about 528 Water 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.

