Closed

$380,000

409 State Street, Joliet, IL 60432
7 Beds4 Baths7 days
409 State Street·Joliet, IL 60432
7Bedrooms
4Bathrooms
1907Year Built
About This Home

Investors Welcome! This well-maintained 4-unit building offers an excellent opportunity for steady rental income. The main floor features a spacious 3-bedroom/1-bath front apartment and a 1-bedroom/1-bath rear unit. The second floor includes a 2-bedroom/1-bath front unit and a 1-bedroom/1-bath rear unit. Major updates completed in 2017 include electric, plumbing, roof, windows, and insulation. Each unit is separately metered for gas and electric and has its own furnace and water heater. The front units on both levels include in-unit laundry with washer/dryer combos. Tenants are responsible for gas and electric, while the landlord pays water, and garbage. Exterior access to basement/cellar. All units are currently occupied, perfect for investors seeking a stable, income-producing property.

MLS# 12495701Listed October 14, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms17

Size & Structure

Year Built1907
Lot Size0.090 acres

Location

CountyWill
TownshipJoliet
Zip Code60432

Financial

List Price$380,000
Annual Taxes (2024)$5,963
Monthly Tax Est.$497
Parcel #3007101310040000
Interior Features

Heating

Natural Gas

Basement

CellarExterior EntryFull
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Foundation

Stone
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Side ApronYesOwned
Schools
Elementary
Sator Sanchez School
District: 86
Middle School
Gompers Junior High School
District: 86
High School
Joliet Central High School
District: 204
Tax & Financial
Annual Taxes
$5,963
Tax Year 2024
Monthly Tax Est.
$497
per month
Property Location

409 State Street, Joliet, IL 60432 — Will County

$380,000
409 State Street
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
0.090 acres
$5,963/yr taxes
$2,494
estimated monthly payment
Principal & Interest
$1,997/mo
Property Tax
$497/mo
$380,000
20% — $76,000
3%50%
6.875%
3%12%
Loan Amount
$304,000
Down Payment
$76,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
john greene, Realtor
Agent: Edilane Gallagher
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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