Multifamily

Joliet, IL Multifamily Properties for Sale

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Occupied Two-Unit Duplex
Updated: Aug 18
Occupied Two-Unit Duplex

1312 ELIZABETH Street, Joliet, IL 60435

$290,000
1,572 sqft 0.15 AC lot
Two‑unit duplex with approximately 1,572 sq ft across separate residences
Both units are leased to in‑place tenants
50 x 132 lot totaling about 6,600 sq ft
Individual appliances provided in each unit
Tenant‑paid utilities
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1312 ELIZABETH Street, Joliet, IL 60435

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Updated Two-Unit Duplex
Updated: Jun 9
Updated Two-Unit Duplex

1307 E Cass Street, Joliet, IL 60432

$338,999
0.10 AC lot
Two‑unit duplex on a 0.1‑acre lot
2026 updates include kitchens, bathrooms, flooring, roof, front doors, porch work, and stair carpeting
Over 85% new windows, plus updated siding and a newer water heater
First‑floor den or office with patio doors to the backyard patio
Driveway and off‑street parking included
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Updated Four-Unit Quadplex
Updated Four-Unit Quadplex

408 Campbell Street, Joliet, IL 60435

$525,000
0.14 AC lot

Four residential units are leased month to month and served by public water and public sewer.

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Cottage-Style Duplex Property
Cottage-Style Duplex Property

558 E Benton Street, Joliet, IL 60432

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0.12 AC lot

Cottage-style two-unit duplex with natural gas heat, public sewer, and a fenced lot in Joliet, IL.

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2-Unit Duplex Building with Carport Parking
2-Unit Duplex Building with Carport Parking

101 S Eastern Avenue, Joliet, IL 60433

$399,000

2-unit duplex with covered 2-car carport, forced-air heat, and public water and sewer.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

422 Francis Street, Joliet, IL 60432

$189,900

Residential duplex featuring two-bedroom units, a partially finished basement, deck, and enclosed front porch.

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Duplex with 2-Car Garage
Duplex with 2-Car Garage

1103 Kelly Avenue, Joliet, IL 60435

$273,000

Duplex built in 1915 with vinyl siding, natural gas forced-air heat, and public water and sewer services.

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Spacious Duplex with Private Yard
Spacious Duplex with Private Yard

1210 Fawnlily Circle, Joliet, IL 60431

$325,800
1,623 sqft

Gorgeous duplex with private yard, modern amenities, and community features.

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Two-Unit Multifamily Property
Two-Unit Multifamily Property

807 Farragut Place, Joliet, IL 60435

$275,000

Original built-ins and hardwood details accompany updated flooring and a remodeled bathroom.

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Cape Cod Duplex with Coach House
Cape Cod Duplex with Coach House

417 W Jefferson Street, Joliet, IL 60435

$224,873

Two homes on one lot with a coach house, recently remodeled kitchen, and natural gas heat with public water and sewer.

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Updated Four-Unit Building
Updated Four-Unit Building

316 Oneida Street, Joliet, IL 60435

$395,000

Four residential units offer refreshed kitchens, baths, and split A/C systems.

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Cottage-Style Duplex
Cottage-Style Duplex

558 E Benton Street, Joliet, IL 60432

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Occupied two-unit residence with separate layouts and MULTI zoning in an established Joliet neighborhood.

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Renovated Duplex with Income Potential
Renovated Duplex with Income Potential

207 S Ottawa Street, Joliet, IL 60436

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Updated duplex featuring two units, renovated in 2020, new roof.

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Two to Four Units / 2 Flat
Two to Four Units / 2 Flat

132 Akin Avenue, Joliet, IL 60433

$295,900

Duplexes

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Updated Quadplex with Garage
Updated Quadplex with Garage

408 Campbell Street, Joliet, IL 60435

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Fully occupied quadplex offering varied unit layouts, flexible leases, and off-street parking.

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Multifamily Property with Two Units
Multifamily Property with Two Units

518 N Raynor Ave, Joliet, IL 60435

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Two-unit multifamily property available for sale.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 16 Active listings in Joliet, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Apartment Building with Garage
5-Unit Apartment Building with Garage

1709 S State Street, Lockport, IL 60441

$575,000

Residential income property with varied unit layouts, basement storage, a two-car garage, and a rear concrete pad.

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Land in Downtown Plainfield Location
Land in Downtown Plainfield Location

000 Wood Farm Road, Plainfield, IL 60544

$4,805,750
14.71 AC lot

Land suitable for high-density multi-family development in Plainfield, Illinois.

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Five-Unit Residential Property For Sale
Five-Unit Residential Property For Sale

1709 South State Street, Lockport, IL 60441

$599,000

Five-unit residential property near train, downtown, and highways.

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Six-Unit Apartment Building For Sale
Six-Unit Apartment Building For Sale

15412 S James St, Plainfield, IL 60544

Contact for pricing

Six-unit apartment building near downtown Plainfield and high school.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Off-Market Properties in Joliet, IL

Consider similar Off-Market properties in Joliet, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7445 Roosevelt Rd
GARDEN APT, COURT APT (5+ UNITS)

7445 Roosevelt Rd, Forest Park, IL 60130-2555

$1,650,000
Estimated value
0.07 AC lot
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7445 Roosevelt Rd
GARDEN APT, COURT APT (5+ UNITS)

7445 Roosevelt Rd, Forest Park, IL 60130-2555

$1,650,000
Estimated value
0.08 AC lot
View details
1132 Troost Ave
GARDEN APT, COURT APT (5+ UNITS)

1132 Troost Ave, Forest Park, IL 60130-2179

$1,900,000
Estimated value
0.25 AC lot
View details
501 Cir Ave
GARDEN APT, COURT APT (5+ UNITS)

501 Cir Ave, Forest Park, IL 60130-3285

$390,000
Estimated value
0.15 AC lot
View details
432 Ferdinand Ave
APARTMENT HOUSE (UNDER 5 UNITS)

432 Ferdinand Ave, Forest Park, IL 60130-1766

$170,000
Estimated value
1,657 sqft 0.14 AC lot
View details
540 Beloit Ave
APARTMENT HOUSE (UNDER 5 UNITS)

540 Beloit Ave, Forest Park, IL 60130-2744

$240,000
Estimated value
3,063 sqft 0.15 AC lot
View details
929 Cir Ave
APARTMENT HOUSE (UNDER 5 UNITS)

929 Cir Ave, Forest Park, IL 60130-2879

$530,000
Estimated value
2,208 sqft 0.09 AC lot
View details
9 Bergman Ct
APARTMENT HOUSE (UNDER 5 UNITS)

9 Bergman Ct, Forest Park, IL 60130-2760

$390,000
Estimated value
1,941 sqft 0.08 AC lot
View details

Joliet, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Joliet, IL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 3,195 square feet of properties for sale, with an estimated market value of $3,532,472.

Sale prices for multifamily properties in Joliet, IL start at $189,900, averaging $321,133, and reaching up to $525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 16
Quadplexes 3
Apartment buildings 1
Triplexes 1

Demographics Overview

Population 167K
Population Growth (5Y) +1.1%
Median Household Income $82,554
College Educated 27.4%

High-Yield Neighborhoods for Investment

Identify Joliet submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60432 $262.9K
60435 $314.6K
60433 $422.7K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Joliet fall within the 100,000+ square foot range.

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