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    720 E Meeker Ave Joliet, IL 60432

    For Sale
    $279,999

    Residential Income - Joliet, IL

    Lot size:
    0.16 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 720 E Meeker Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    3007034220070000
    Parking
    2
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Natural Gas, Radiant

    Building Details

    Year built
    1915
    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Mike Musa (708) 798-1111 License #475206990

    Listing date Nov 21, 2025

    MLS# 12521140 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 Income-Producing Brick 2-Flat

    This all brick 2-flat in Joliet presents an investment opportunity. Situated on an oversized 0.16-acre lot, the property features two 3-bedroom, 1-bath units. Each unit has separate HVAC systems, and tenants are responsible for gas and electric utilities. The property includes a finished basement with a kitchen, two additional bedrooms, and a full bath, providing added versatility. Ample parking is available in the back and on the side of the property. Both units are currently rented and producing rental income. The property is located near transportation, shopping, and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.0634503
    Latitude
    41.5405975

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    FAQs

    What type of property is this?
    Duplex - Well-maintained Joliet 2-flat near transportation, shopping, and restaurants.
    Where is this duplex located?
    The property is located at 720 E Meeker Ave Joliet, IL.
    What is the asking price?
    The asking price for this property is $279,999.
    What are key features of this property?
    This property features: - Turn-key investment property with good rental income from two currently rented units.; - Two large 3-bedroom, 1-bath units, each with separate HVAC systems.; - Finished basement with kitchen, 2 additional bedrooms, and a full bath for added living space or versatility.
    (708) 798-1111
    Request Owner's contact information
    720 E Meeker Ave Joliet, IL 60432
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    Joliet, IL 60432
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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
    720 E Meeker Ave Joliet, IL 60432
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