Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    611 Jerome Ave Joliet, IL 60432

    Under Contract
    For Sale
    $229,000

    Residential Income - Joliet, IL

    Days on Market:
    27
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 611 Jerome Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    3007104200120000
    Parking
    3

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1905
    Roof type
    Asphalt
    Architectural style
    Other

    RE/MAX Ultimate Professionals (815) 725-4545 [email protected]

    Listing agent Andrea Rios (815) 725-4545 License #475207261

    Listing date Nov 9, 2025

    MLS# 12493417 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 Duplex: Income Opportunity

    This duplex in Joliet, Illinois, presents an opportunity for investors or owner-occupants. The property features a 3-bedroom unit and a 2-bedroom unit, situated in close proximity to grocery stores, restaurants, and other everyday conveniences. The property has been updated inside. The main floor unit, featuring three bedrooms, is currently leased to long-term tenants, providing immediate rental income. The upper unit, with two bedrooms, is move-in ready and suitable for an owner-occupant or an investor seeking passive income. A side driveway provides ample parking. This property offers potential and value for expanding an investment portfolio or for those seeking a home that helps with the mortgage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.0656549
    Latitude
    41.5270839

    Nearby Similar for Sale

    • $265,000
      0.31 Acres

      Joliet Two-Flat Investment Opportunity

      Two-unit property with long-term tenants and a four-car garage.
      347 Pine St, Joliet, IL 60435
      View Details
    • $249,900
      0.38 Acres

      All Brick Ranch Duplex

      All brick ranch duplex on expansive lot with extra parcel.
      1703 Pinewood Ln, Joliet, IL 60433
      View Details
    • New
      $315,000

      Joliet Brick Two-Flat Investment

      Unique brick 2-flat with investment potential in Joliet, Illinois.
      910 Nicholson St, Joliet, IL 60435
      View Details
    • $279,999
      0.11 Acres

      All-Brick Joliet Two-Flat Income Property

      Well-maintained two-unit property in Joliet, ideal for investors.
      511 E 3Rd Ave, Joliet, IL 60433
      View Details
    • $1,500,000
      8,872 SF

      Renovated Multifamily Building in Joliet

      Turn-key investment opportunity in a prime Joliet neighborhood.
      303-307 Stone St, Joliet, IL 60435
      View Details
    • New
      $1,100,000
      1,024 SF

      Turn-Key Restaurant Opportunity in Joliet

      Iconic Joliet restaurant for sale with equipment and trademarks.
      810 Plainfield Rd, Joliet, IL 60435
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in Joliet near conveniences, ideal for investors/owner-occupants.
    Where is this duplex located?
    The property is located at 611 Jerome Ave Joliet, IL.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: - Duplex with immediate rental income from a leased 3-bedroom unit; - **Move-in ready 2-bedroom unit ideal for owner-occupancy or immediate rental income**; - Updated interior offering comfortable living space
    (815) 725-4545
    Request Owner's contact information
    611 Jerome Ave Joliet, IL 60432
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    611 Jerome Ave
    Joliet, IL 60432
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    611 Jerome Ave Joliet, IL 60432
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.