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8-Unit Rowhouse Apartment Portfolio
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1011 N Broadway St, Joliet, IL 60435

Two buildings offer one- and two-bedroom rental units in Joliet’s historic Cathedral District.

Property SizeContact for details
Days on Market143

Property Features for 1011 N Broadway St

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence minor deferred maintenance

Units

Unit Mix 4 x 1BR, 4 x 2BR
Multifamily Units 8

Building Details

Buildings 2
Listing Agency: Citypoint Illinois LLC
Listed By: Melissa Topolewski · License #IL 475.209337
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 7:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citypoint Illinois LLC

Investment Insights

Based on property information with market context.

This apartment property comprises two rowhouse buildings with eight total units. The unit mix includes four two-bedroom residences and four one-bedroom residences, providing a balanced range of rental layouts. All units are described as being in rentable condition, with minor deferred maintenance items identified. Brand-new tear-off roofs are slated for completion at the end of January.

The property is located at 1011 N Broadway St in Joliet’s historic Cathedral District. The surrounding city economy includes Harrah’s and Hollywood Casino, while the area is characterized by limited rental inventory and increasing rental demand. The asset combines an established residential setting with a clearly defined unit mix across two buildings.

Key Highlights

  • Two‑building apartment property with 8 total units
  • Unit mix includes four 2‑bedroom and four 1‑bedroom units
  • All units are in rentable condition

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Grocery & Convenience Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two buildings offer one- and two-bedroom rental units in Joliet’s historic Cathedral District.
Where is this apartment building located?
The property is located at 1011 N Broadway St Joliet, IL.
What are key features of this property?
This property features: Two‑building apartment property with 8 total units; Unit mix includes four 2‑bedroom and four 1‑bedroom units; All units are in rentable condition
(630) 532-7659 Call to check price and availability
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