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Renovated Three-Unit Triplex
For Sale
$459,000

315 Pine St, Joliet, IL 60435

Fully occupied residences offer month-to-month leasing, updated interiors, and individually controlled heating and cooling.

Property SizeContact for details
Days on Market189

Property Features for 315 Pine St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 1BR+office/1BA, 1 x 2BR/1BA, 1 x Large 2BR/1BA
Multifamily Units 3

Amenities

dishwashers
fenced backyard
washer and dryer hook-up

Building Details

Year Built 1890
Buildings 1
Construction framed-construction
Listing Agency: Prello Realty
Listed By: Nayibe Garces · License #471022542
Source: Chicagometrohome
Added: Feb 23 Changed: Aug 29 Last Checked: Aug 30 at 6:12PM

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 Prello Realty

Investment Insights

Based on property information with market context.

Located at 315 Pine St in Joliet, this 1890-built triplex has undergone extensive renovation, including new plumbing, electrical systems, windows, and doors. The property contains three residences: a two-bedroom apartment spanning the second floor, another two-bedroom unit on the main level, and a one-bedroom residence with office or flex space. Each apartment includes one bathroom, granite countertops, dishwashers, updated cabinetry, hardwood flooring, forced-air heat, and central air conditioning. The units are separately controlled and each has a 50-gallon water heater.

All three residences are fully occupied under month-to-month rental agreements. Tenants pay their own heating-cooking gas and electric costs. Exterior features include a wide side driveway with off-street parking, a fenced backyard, and basement washer and dryer hookups. The property is near downtown Joliet, the Transportation Center, Harrah's Casino, Rialto Square Theater, the Will County Court House, New City Square, area dining and entertainment, Interstates 355, 80, and 55, Lincoln Highway, and Historic Route 66.

Key Highlights

  • Three‑unit layout with two 2‑bedroom apartments and one 1‑bedroom unit with office/flex space
  • 1890‑built property with new plumbing, electrical systems, windows, and doors
  • All units occupied under month‑to‑month rental agreements

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Storage Facility Electrical Service Garden Center

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

3
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,257
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?
Triplex - Fully occupied residences offer month-to-month leasing, updated interiors, and individually controlled heating and cooling.
Where is this triplex located?
The property is located at 315 Pine St Joliet, IL.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Three‑unit layout with two 2‑bedroom apartments and one 1‑bedroom unit with office/flex space; 1890‑built property with new plumbing, electrical systems, windows, and doors; All units occupied under month‑to‑month rental agreements
More about this property
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