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  • $274,000

    511 3rd Ave, Joliet, IL 60433

    4beds
    --sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $275,000 Zestimate®
    $--/sqft
    $1,603 Estimated rent

    Home value

    $275,000

    $256,000 - $294,000

    $1,603/mo

    Zestimate® history
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    $1,603/mo

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    $1,603/mo

    Rent Zestimate®

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    $1,941/mo

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    $1,941/mo

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    What's special

    RARE FIND!!! Beautifully Maintained All-Brick 2-flat on an oversized lot, offering exceptional durability, low upkeep, and long-term value. Each unit features 2 bedrooms and 1 bath, along with separate HVAC systems, allowing tenants to cover their own utility costs-an excellent benefit for owners looking to maximize income and reduce expenses. The comfortable floor plans and excellent condition make it clear this property has been thoughtfully maintained. A full basement provides excellent storage or room for future possibilities, while the two-car garage and additional concrete parking pad offer convenient off-street parking. Both units are currently rented and generating steady income, making this a strong opportunity for investors seeking a turnkey property. Low property taxes further enhance the financial appeal. Ideally located near schools, shopping, dining, and major highways, this property combines accessibility with lasting value. Whether you're an investor growing your portfolio or a buyer planning to live in one unit while renting the other, this well-kept building stands out as an exceptional choice.

    Zillow last checked: 7 hours ago

    Listing updated: February 27, 2026 at 01:20pm

    Listing courtesy of:

    Mike Musa 708-549-2886,

    Keller Williams Preferred Rlty

    Bought with:

    Jose Rivas

    Real Broker, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12521138MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 4,791 sqft
    • Dimensions: 40X122
    Details
    • Parcel number: 3007152250160000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Storm Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Joliet

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/27/2026Sold$274,000-2.1%
    Source: MRED as distributed by MLS GRID #12521138 Report a problem
    1/7/2026Contingent$279,999
    Source: MRED as distributed by MLS GRID #12521138 Report a problem
    11/21/2025Listed for sale$279,999+761.5%
    Source: MRED as distributed by MLS GRID #12521138 Report a problem
    8/14/2014Sold$32,500+9.4%
    Source: Public Record Report a problem
    2/20/2014Sold$29,709-46%
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$3,639 +6.8%$40,791 +10.6%
    2022$3,408 +5.2%$36,898 +7.1%
    2021$3,239 +5.4%$34,462 +5.3%

    Find assessor info on the county website

    Neighborhood: Southeast Joliet

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 86

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $275,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $275,000