6-Unit Townhouse-Style Apartment
For Sale
$950,000
101 Nicholson Street, Joliet, IL 60435
Commercial Sale, Joliet, IL
Property SizeContact for details
Lot Size0.25 Acres
Days on Market15
Property Features for 101 Nicholson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
12
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 1, Bedroom 2, Bedroom 7, Bedroom 11, Bedroom 5, Bedroom 9, Bathroom 5, Bedroom 3, Bedroom 8, Bathroom 3, Bedroom 6, Bathroom 6, Bathroom 4, Bedroom 4, Bedroom 10, Basement, Bedroom 1, Bathroom 2, Bedroom 12
Basement
Unfinished, Concrete
Directions
From I-80, exit at Larkin Avenue (IL-7) and head north. Turn left onto Black Road, then right onto Nicholson Street. Property is located at 101 Nicholson Street on the west side of the street.
Subdivision
Joliet
Standard status
Active
APN
3007093240260000
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12180
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1971
Floors in Building
2
Number of units
6
Building materials
Wood, Brick
Roof type
Composition, Rubber
Listing Agency:
Homecoin.com
(888) 400-2513
Listed By:
Jonathan Minerick · License #01523060
(404) 388-9441
Added: Sep 10
Changed: Sep 16
Last Checked: Sep 24 at 6:06PM
MLS# 12751098
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 6-unit apartment building is configured as townhouse-style residences, with each unit arranged across two floors. Every residence includes 2 bedrooms, 1.5 bathrooms, a living room, kitchen, and full private unfinished basement. Window-unit cooling is provided, and construction includes wood and brick materials. The property was built in 1971 and carries MULTI zoning.
Recent work includes a mansard roof installed in 2023, a new EPDM flat roof, concrete leveling completed in 2025, a new asphalt driveway completed in 2024, and exterior improvements. Three units received updated flooring, paint, shower surrounds, and hardware. The property passed City of Joliet inspection in 2025.
The 0.25-acre site provides 12 off-street parking spaces, with 2 spaces assigned to each townhouse. Tenants are responsible for their own electric service, while ownership provides gas, water, and trash service.
Recent work includes a mansard roof installed in 2023, a new EPDM flat roof, concrete leveling completed in 2025, a new asphalt driveway completed in 2024, and exterior improvements. Three units received updated flooring, paint, shower surrounds, and hardware. The property passed City of Joliet inspection in 2025.
The 0.25-acre site provides 12 off-street parking spaces, with 2 spaces assigned to each townhouse. Tenants are responsible for their own electric service, while ownership provides gas, water, and trash service.
Key Highlights
- 6 townhouse‑style apartment units
- Each residence offers 2 bedrooms, 1.5 bathrooms, and a full private unfinished basement
- 12 off‑street parking spaces, with 2 dedicated spaces per townhouse
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
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Business Placement
Demographics for 60435, IL
48,927
Population
20,162
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
10.8 sq mi
ZIP Area
4,530
Density / Sq Mi
$74,967
Median Household Income
$41,201
Median Earnings
$1,145
Median Rent
$217,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story residences feature private basements, individual layouts, and dedicated off-street parking.
Where is this apartment building located?
The property is located at 101 Nicholson Street Joliet, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 6 townhouse‑style apartment units; Each residence offers 2 bedrooms, 1.5 bathrooms, and a full private unfinished basement; 12 off‑street parking spaces, with 2 dedicated spaces per townhouse
