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    214-216 N Hickory St Joliet, IL 60435

    For Sale
    $389,900

    Residential Income - Joliet, IL

    Lot size:
    0.15 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 8 at 9:06 am

    Property Features for 214-216 N Hickory St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    3007094100070000
    Parking
    4
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1900
    Architectural style
    Other

    Keller Williams Realty Infinity (630) 778-5800 [email protected]

    Listing agent Kamil Tharani (630) 778-5800 License #475171491

    Listing date Sep 18, 2025

    MLS# 12294697 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Joliet Residential Income Property

    This three-unit residential property is located in Joliet. The main level features a spacious three-bedroom, one-bathroom apartment. The second floor contains two one-bedroom, one-bathroom units. All three units are roomy. A new roof was installed in 2021, and all three units have updated electrical panels. Parking is available in the rear and on the street. The property is close to shopping, public transportation, downtown Joliet, and the train station. All three units are leased and cash flowing. The property is situated on a lot of 0.15 acres.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.0896343
    Latitude
    41.5269632

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    FAQs

    What type of property is this?
    Triplex - Three-unit residential property in a perfectly situated Joliet location.
    Where is this triplex located?
    The property is located at 214-216 N Hickory St Joliet, IL.
    What is the asking price?
    The asking price for this property is $389,900.
    What are key features of this property?
    This property features: - Seller financing available with as little as 10% down (subject to qualification).; - Cash flowing property with all 3 units currently leased.; - Three units: **one 3-bedroom/1-bathroom apartment and two 1-bedroom/1-bathroom apartments.**
    (630) 778-5800
    Request Owner's contact information
    214-216 N Hickory St Joliet, IL 60435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    214-216 N Hickory St Joliet, IL 60435
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