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712 2nd Avenue, Joliet, IL 60433

Legal two-unit property with separate second-floor access and extensive recent improvements.

Property SizeContact for details
Days on Market58

Property Features for 712 2nd Avenue

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Year Built 1915
Listing Agency: Karges Realty
Listed By: Joe Contreras · License #475124485
Source: Crexi
Added: Jul 4 Changed: Aug 30 Last Checked: Aug 30 at 7:20AM

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 Karges Realty

Investment Insights

Based on property information with market context.

This legal two-unit property was built in 1915 and includes 3 bedrooms and 2 full bathrooms. The interior features hardwood laminate flooring, while recent work includes replacement windows, a furnace, two newer water heaters, a newer roof, and gutters. A separate entrance serves the second floor, providing distinct access within the building.

Located at 712 2nd Avenue in Joliet, the property is near shopping, dining, parks, and major roadways. The upper level can function as a separate living area or support rental income, subject to applicable requirements.

Key Highlights

  • Legal two‑unit property with 3 bedrooms and 2 full bathrooms
  • Separate entrance serving the second floor
  • Recent improvements include all new windows, furnace, roof, and gutters

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Plumbing Service Computer & Electronic Repair

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

305
Businesses Nearby

Demographics for 60433, IL

16,526
Population
5,774
Households
2.9
Avg Household Size
37
Median Age
13%
College-Educated
79%
High-School Grad
13.6 sq mi
ZIP Area
1,215
Density / Sq Mi
$60,987
Median Household Income
$35,310
Median Earnings
$1,307
Median Rent
$167,800
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 - Legal two-unit property with separate second-floor access and extensive recent improvements.
Where is this duplex located?
The property is located at 712 2nd Avenue Joliet, IL.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Legal two‑unit property with 3 bedrooms and 2 full bathrooms; Separate entrance serving the second floor; Recent improvements include all new windows, furnace, roof, and gutters
(815) 725-1700 Call to check price and availability
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