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Rehabilitated Two-Unit Duplex
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502 Liberty Street, Joliet, IL 60432

Updated kitchens, bathrooms, flooring, paint, and core building systems define the residential improvements.

Property SizeContact for details
Days on Market131

Property Features for 502 Liberty Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Year Renovated 2026
Listing Agency: Charles Rutenberg Realty of IL
Listed By: Anna Chacon · License #475183966
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 29 at 8:56PM

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 Charles Rutenberg Realty of IL

Investment Insights

Based on property information with market context.

This two-unit duplex in Joliet underwent a comprehensive rehabilitation completed in 2026. Interior work includes refreshed flooring and paint along with renovated kitchens and bathrooms in each residence. Electrical, plumbing, and HVAC systems were updated to meet applicable code requirements.

The property is located at 502 Liberty Street near schools, shopping, and transit. Its two-unit configuration supports residential ownership or rental use, with improvements already completed throughout both units.

Key Highlights

  • Two‑unit duplex at 502 Liberty Street in Joliet, IL
  • Rehabilitation completed in 2026
  • Updated kitchens and bathrooms in both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Storage Facility Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Florist

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

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby

Demographics for 60432, IL

19,989
Population
7,287
Households
2.7
Avg Household Size
33
Median Age
13%
College-Educated
65%
High-School Grad
8.5 sq mi
ZIP Area
2,352
Density / Sq Mi
$64,099
Median Household Income
$33,920
Median Earnings
$1,261
Median Rent
$185,100
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 - Updated kitchens, bathrooms, flooring, paint, and core building systems define the residential improvements.
Where is this duplex located?
The property is located at 502 Liberty Street Joliet, IL.
What are key features of this property?
This property features: Two‑unit duplex at 502 Liberty Street in Joliet, IL; Rehabilitation completed in 2026; Updated kitchens and bathrooms in both units
(331) 250-6714 Call to check price and availability
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