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ActiveMLS #: 127126001 / 10Get an accurate number
ActiveMLS #: 127126001 / 107 Beds
$399,000
101 S Eastern Avenue, Joliet IL, 60433
Est. payment: $2,578/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Built in
1909
Property type
Two to Four Units
Listed by Mariano Rotondo with Charles Rutenberg Realty
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
This solid 2-unit building delivers the perfect blend of space, convenience, and strong financial performance, generating approximately $49,200 in annual residential rent plus an additional $4,800 from parking income-a standout opportunity for any investor. The property offers extensive parking, including a covered 2-car carport and plenty of uncovered spaces, a rare advantage in this area. The bright and well-laid-out upper unit includes access to a full attic with 8-foot ceilings, offering tremendous potential to expand into a large duplex-style layout or create additional living space to maximize future value. Its strategic location places you just minutes from Downtown Joliet, the Metra Rock Island Line, shopping, restaurants, schools, parks, and quick connections to I-80 and I-55, ensuring high rental demand and long-term stability. A versatile, income-producing property with clear room for growth, ready to perform from day one.
Location
101 S Eastern Avenue, Joliet IL, 60433
- Township
- Joliet
- County
- Will
- Area
- Joliet
Interior
- Bedrooms
- 7
- Total rooms
- 7
- Basement
- Unfinished, Walk-Out Access
- Heating
- Forced Air
Exterior and lot
- Construction
- Vinyl Siding
- Lot size
- Less Than .25 acres (90X102)
- Garage spaces
- 2
- Parking
- Detached, Garage
- Total parking
- 2
- Sewer
- Public Sewer
- Water
- Public
Schools
- Elementary district
- 204
- Middle district
- 204
Listing details
- MLS number
- 12712600
- Status
- Active
- Property type
- Two to Four Units
- Year built
- 1909
- Town
- Joliet
- ZIP
- 60433
- Updated
- Jul 28, 2026
Estimate your payment
Term, years
Your monthly payment will be
$2,578
Principal, interest, and estimated taxes.
Loan $319,200 Down $79,800
- Principal and interest
- $2,113
- Property taxes (2024, per the listing)
- $465
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 22, 2026, 4:15 AM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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