Joliet, IL 60433 364-366 Western Avenue
$699,900



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Presented By: Current Properties LLC
Home Details
Well-maintained 6-unit building located in the River Bluffs / Evergreen Terrace area. The property consists of six 2-bedroom, 1-bath units featuring charming vintage details including hardwood floors and classic layouts with built-ins. Each unit offers separate utilities with gas-forced heat, providing efficiency and ease of management. Recent updates include application of new roof membrane applied in 2025 as well as structural work done to the rear porch, also 2025. Additional features include 6 parking spaces and rear porches for tenant use. Strong rental appeal, great opportunity for investors seeking a stable, income-producing property with value-add potential. This building could also be purchased with 316 Oneida ( a 4-unit just down the street as a small portfolio of 10 doors )
Presented By: Current Properties LLC
General for 364-366 Western Avenue
Additional Parcels Y/NNo
CityJoliet
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Individual
CountyWill
Current UseMulti-Family
DirectionsJust East of the corner of Western Ave & Center St. Drive way is off Center just south of Western Ave
Electric Expense436
Fuel Expense1390
Gross Income80567
Insurance Expense3099
MLS AreaJoliet
MaintenanceExpense36541
Net Operating Income6042
Number Of Units Total6
Operating Expense58210
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofMembrane, Rubber, Other
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount10542
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat
TownshipJoliet
Trash Expense3300
Water Sewer Expense3600
Year Built0
ZoningCOMMR
Exterior for 364-366 Western Avenue
Building Area Total7470
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions61X60X59.37X60
Lot Size Acres0.17
Additional Details
Price History

SQFT • 7,470