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$ 395,000
Est. payment /mo
New
505 Buell AVE Joliet, IL 60435
5 Beds
3 Baths
0.43 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12800779
Style Traditional
Bedrooms 5
Year Built 1888
Annual Tax Amount $10,909
Tax Year 2025
Lot Size 0.430 Acres
Lot Dimensions 73X243
Property Sub-Type Two to Four Units
Property Description
2 UNIT FULLY OCCUPIED LONG-TERM TENANTS/ $3200 MONTHLY RENT/ TURN KEY Income opportunity meets historic charm at 505 Buell Avenue! Located in Joliet's desirable Cathedral Area and Upper Bluff Historic District, this spacious property offers approximately 2,400 square feet with 5 bedrooms and 3 bathrooms. Zoned R-3 and previously marketed for single-family or two-family use, the home provides flexibility for an owner-occupant, multigenerational household, or investor. Enjoy the character of an established historic neighborhood with convenient access to downtown Joliet, transportation, shopping, dining, and area amenities. Explore the possibilities of restoring this distinctive property as a generous single-family residence or utilizing its income-producing potential. Buyer to verify zoning, permitted use, conversion requirements, room dimensions, and all property details.
Location
State IL
County Will
Area Joliet
Rooms
Basement Unfinished, Full
Interior
Heating Gas
Fireplace N
Exterior
Garage Spaces 1.0
Building
Dwelling Type Two to Four Units
Building Description Aluminum Siding, No
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
School District 204 , 204, 204
Others
Ownership Fee Simple
Special Listing Condition None

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Derek Hackney of Steel City Real Estate and Property Management Ser
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