101 S Eastern Ave, Joliet, IL, 60433
About This Home
This solid 2-unit building delivers the perfect blend of space, convenience, and strong financial performance, generating approximately $49,200 in annual residential rent plus an additional $4,800 from parking income-a standout opportunity for any investor. The property offers extensive parking, including a covered 2-car carport and plenty of uncovered spaces, a rare advantage in this area. The bright and well-laid-out upper unit includes access to a full attic with 8-foot ceilings, offering tremendous potential to expand into a large duplex-style layout or create additional living space to maximize future value. Its strategic location places you just minutes from Downtown Joliet, the Metra Rock Island Line, shopping, restaurants, schools, parks, and quick connections to I-80 and I-55, ensuring high rental demand and long-term stability. A versatile, income-producing property with clear room for growth, ready to perform from day one.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1909
Materials
- Construction materials: Vinyl Siding
Notable Dates
- Major remodel year: 2019
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heating features: Forced Air
Property
Details
- Parcel number: 3007151100170000
- Special condition: List Broker Must Accompany
Lot
- Lot size: 9,180 sqft
- Lot size dimensions: 90X102
Parking
- Total spaces: 2
- Parking features: Yes,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Tornado
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,017 | $24,204 |
| Home Insurance * | $321 | $3,852 |
| Property Taxes | $698 | $8,376 |
| Electricity | $130 | $1,569 |
| Total | $3,166 | $37,992 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-01 | Listing removed | $399,000 |
| 2026-01-05 | Listed for sale | $399,000 |
| 2025-12-20 | Contingent | $399,000 |
| 2025-12-02 | Listed for sale | $399,000 |
| 2024-08-21 | Sold | $350,000 |
| 2024-08-12 | Pending sale | $350,000 |
| 2024-06-28 | Contingent | $350,000 |
| 2024-05-13 | Listed for sale | $350,000 |
| 2024-05-10 | Contingent | $350,000 |
| 2024-05-08 | Listed for sale | $350,000 |
| 2021-06-30 | Sold | $231,000 |
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