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Two-Unit Downtown Duplex

528 Water Street Joliet, IL 60436

528 Water Street, Joliet, IL, 60436
$175,000
For Sale
Under Contract
$175,000

MULTI_FAMILY - Joliet, IL

Days on Market48

Property Features for 528 Water Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4, Basement, Bedroom 3, Bathroom 1
Parking
4
Parking features
Driveway, Off Street, Garage, On Street
Patio and Porch features
Deck
Basement
Unfinished, Full
Standard status
Active Under Contract
APN
3007164240050000

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2344

Utilities

Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas
Water source
Public

Building Details

Year built
1898
Building materials
Vinyl Siding
Roof type
Asphalt
Listing agency Keller Williams Preferred Rlty
Listed by Jamie Lemmons-Svoboda · License #475162394
Added: Jun 5 Updated: Jul 13 at 11:02AM Checked: Jul 22 at 2:06PM
MLS# 12666821

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 legal two-flat duplex offers two separate units within a single property. The first-floor layout includes four bedrooms and two full bathrooms, with bright interior finishes such as brand-new carpet and hardwood laminate flooring in the dining area. The kitchen features refreshed appliances, and major improvements include all new windows (2024), a hot water boiler (2024), a new water heater (2026), new baseboards, exterior painting completed in 2025, and roof and gutters replaced in 2020. Additional items include an owned water softener, three window A/C units, and a deck.

The second-floor unit provides an additional living setup and includes a separate entrance. The property is located in downtown Joliet near shopping, dining, parks, and major roadways.

Overall, the building is presented as a well-maintained income and/or owner-occupied option, supported by the scope of recent updates listed in the remarks.

Key Highlights

  • Legal two‑flat in downtown Joliet with 4 bedrooms and 2 full bathrooms
  • Recent updates include all new windows (2024) plus hot water boiler (2024)
  • Roof and gutters replaced in 2020 and exterior painting completed in 2025

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Pharmacy Kitchen & Bath Showroom Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Daycare Center Furniture & Home Goods Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Legal two-flat duplex with recent interior and major exterior updates, including new windows and roof work.
Where is this duplex located?
The property is located at 528 Water Street Joliet, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Legal two‑flat in downtown Joliet with 4 bedrooms and 2 full bathrooms; Recent updates include all new windows (2024) plus hot water boiler (2024); Roof and gutters replaced in 2020 and exterior painting completed in 2025
Contact an agent
More about this property
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