209 N Center Street, Joliet, IL 60435
Will County
Key Facts
Description
ATTENTION INVESTORS - Exceptional Investment Opportunity! Well-Maintained And Fully Rented 7-Unit Brick Apartment Building Featuring Seven Income-Producing Units, With Tenants Responsible For Their Own Electric And Cooking Gas. The Property Showcases Numerous New Windows, Several Updated Units, And Cozy Faux Fireplaces In Every Apartment. In Addition, The Property Includes A Stand-Alone Three-Bedroom Single-Family Home Located On The Same Lot, Providing Additional Income Potential. Offering A Strong Cap Rate, This Investment Also Features 12+ Rear Parking Spaces And Green Space For Tenant Enjoyment. Conveniently Located With Easy Access To I-80 And Close Proximity To Schools, Restaurants, Shopping, Downtown District, And Public Transportation. An Excellent Opportunity For Investors Seeking Stable Cash Flow And Long-Term Value.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1920
Stories
3
Lot Dimensions
124 X 100
Zoning
COMMR
Days on Market
103
MLS® Listing#
12565687
Property Features
Basement
Construction
Foundation
Utilities
Financial Details
Annual Taxes
$6,045
Tax year 2024
Parcel Number
3007093190100000
Directions
CASS ST TO CENTER SOUTH 2 BLOCKS,CORNER OF CAMPBELL AND CENTER
Affordability Calculator
$240,000
Estimated monthly payment
$6,387/mo
Principal $960,000 · Est. interest $1,339,285 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Joliet, IL
- $327,523
- Median Listing Price
- 24
- Median Days on Market
- 1,760
- Median Sq Ft
- $193
- Median Price / Sq Ft
- 176
- Active Listings
- This home’s price is 266% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Joliet, IL.
Location
- 209 N Center Street, Joliet, IL 60435
Getting Around
Points of Interest in Joliet, IL
Showing the Joliet area map.
Nearby Schools
St Peter Lutheran School
School · 0.2 mi away
Catholic Charities
School · 0.3 mi away
The Little Red Schoolhouse
School · 0.5 mi away
St Patrick Elementary School
Elementary · 0.6 mi away
Farragut Elementary School
Elementary · 0.6 mi away
St Mary Nativity School
School · 0.7 mi away
Cathedral of St. Raymond Parish and School
School · 0.8 mi away
Joliet Central High School
Secondary · 0.9 mi away
Joliet Township High School
Secondary · 1.0 mi away
M J Cunningham Elementary School
Elementary · 1.0 mi away
Ucp Melvin J Larson Education Center
School · 1.2 mi away
Joliet Early Learning Center
School · 1.2 mi away
Edna Keith Elementary School
Elementary · 1.3 mi away
Pershing Elementary School
Elementary · 1.3 mi away
Lynne Thigpen Elementary School
Elementary · 1.3 mi away
Dirksen Junior High School
Secondary · 1.4 mi away
St Paul the Apostle School
School · 1.4 mi away
Woodland Elementary School
Elementary · 1.6 mi away
Lincoln Elementary School
Secondary · 1.6 mi away
Sator Sanchez Elementary School
Elementary · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 354 N Chicago Street, Joliet, IL | $840,000 | — | — | 6,000 |
| 2365 W Jefferson Street, Joliet, IL | $879,000 | — | — | — |
| 810 Plainfield Road, Joliet, IL | $909,900 | — | — | 1,024 |
| LOT 1 E Laraway Road, Joliet, IL | $950,000 | — | — | — |
| VACANT SPENCER Road, Joliet, IL | $1,000,099 | — | — | — |
| 3625 Rock Creek Boulevard, Joliet, IL | $1,100,000 | — | — | 3,146 |
Moving Cost Estimate
EXIT Agents in Joliet
Listing Courtesy: Karges Realty - 8157251700
Last Updated: 2026-02-10