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Tenant-Occupied Duplex with Basement
For Sale
Contact for pricing
Pending

318 Dewey Street, Joliet, IL 60436

Two-bedroom residences with private entries, assigned storage, and separate electric and gas metering for each unit.

Property SizeContact for details
Days on Market140

Property Features for 318 Dewey Street

General Information

Standard status Pending
Property subtype Multifamily
Zoning MULTI
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Parking per Unit 2

Amenities

basement storage
coin-operated laundry
assigned storage
porch

Building Details

Year Built 1930
Buildings 1
Tenancy Multi
Listing Agency: Cirafici Real Estate
Listed By: Joe Cirafici · License #IL 471019340
Source: Crexi
Added: Apr 15 Changed: Aug 30 Last Checked: Aug 30 at 6:35PM

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 Cirafici Real Estate

Investment Insights

Based on property information with market context.

Built in 1930, this duplex contains two occupied units, each offering 2 bedrooms, 1 bath, and approximately 1,040 square feet of living space. Both residences feature front and rear entrances, including access from a front porch and a rear connection to the driveway. Each unit accommodates up to two vehicles. Written leases are in place, and the property is zoned MULTI.

The basement provides storage assigned to each residence along with coin-operated laundry. Electric and gas service are separately metered by unit, while water is paid by the owner. Property updates include newer gutters and a recently replaced water heater. The address is near I-80 and minutes from Downtown Joliet, with access to shopping, dining, and transportation.

Key Highlights

  • Two‑unit duplex with both residences occupied under written leases
  • Each unit includes 2 bedrooms, 1 bath, and approximately 1,040 sq ft
  • Private front and rear entrances serve each residence

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Furniture & Home Goods Storage Facility

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby

Demographics for 60436, IL

18,535
Population
7,136
Households
2.6
Avg Household Size
36
Median Age
14%
College-Educated
78%
High-School Grad
18.0 sq mi
ZIP Area
1,030
Density / Sq Mi
$63,570
Median Household Income
$33,514
Median Earnings
$1,242
Median Rent
$170,800
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?
Duplex - Two-bedroom residences with private entries, assigned storage, and separate electric and gas metering for each unit.
Where is this duplex located?
The property is located at 318 Dewey Street Joliet, IL.
What are key features of this property?
This property features: Two‑unit duplex with both residences occupied under written leases; Each unit includes 2 bedrooms, 1 bath, and approximately 1,040 sq ft; Private front and rear entrances serve each residence
(708) 308-8677 Call to check price and availability
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