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318 Dewey Street, Joliet, IL 60436

$260,000
  • 318 Dewey Street, Joliet, IL 60436 Main Photo

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New to the Market New
BEDS4 BATHS2 full MLS#12617517
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 204

Property Description

Well-maintained 2-unit investment opportunity offering strong cash flow and a functional layout. Each unit is tenant occupied so start cash-flowing right away! Each unit offers 2 bedrooms, 1 bath, and approximately 1,040 sq ft of living space. Each unit is filled with natural light and includes two private entrances-a front entrance leading to a porch and a rear entrance providing direct access to the driveway. Each unit can accommodate up to two vehicles, a rare and highly desirable feature for tenants. The building includes a basement for storage with coin-operated laundry and an assigned storage for each unit, providing added convenience and supplemental income potential. Utilities are efficiently structured with separate electric and gas meters for each unit, while water is owner-paid. Major components are in good condition, including newer gutters and a recently replaced water heater. Both units are currently occupied with written leases in place, making this a turnkey income-producing property from day one. Conveniently located near I-80 and just minutes from Downtown Joliet, this property offers easy access to shopping, dining, and transportation. Ideal for investors or owner-occupants seeking a solid, income-generating asset in a strong location. See private broker remarks for additional details.

318 Dewey Street | MLS# 12617517

This multi-family property located at 318 Dewey Street, Joliet, IL 60436 is currently listed for sale with an asking price of $260,000. Dewey Street is located within the District 204 school district. Search Joliet real estate on mfiorello.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partially Finished, Full
Basement: Yes
Heating: Natural Gas
Lot Size: 0.16 Acres
Roof Type: Asphalt
Taxes: $4,323
Year Built: 1930

Feature Descriptions

Additional rooms: Enclosed Porch
Additional Structures: Shed(s)
Exterior: Brick
Lot Dimensions: 50X138
Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
Parcel#: 3007161250080000
Parking: Unassigned, Off Street, Side Apron, Driveway, Yes, Other
Sewer: Public Sewer
Total Rooms: 14
Township: Joliet
Water: Public

Local Schools

High School: Joliet Central High School
Middle School: Dirksen Junior High School
Elementary School: Pershing Elementary School
School District: District 204

Listed By / Shown By

Listed By

Agency Name: Cirafici Real Estate
Agency Phone: 708-308-8677

Shown By

Agent Name: Mark Fiorello
Agent Phone: Cell: (815) 670-4129
Agency Title: Gambino Realtors

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Estimated Payment

$ 1,617.08 per month $1,181.00 Principal & Interest $360.25 Property Tax $75.83 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 1:29:00 AM EST) or MRED MLS (last updated Fri 04/17/2026 1:21:58 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 04/16/2026 10:16:31 PM EST) or Northern Illinois Commercial Association Realtors (last updated Thu 04/16/2026 2:10:13 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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