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514 Campbell Street Joliet, IL 60435

$310,000
New / MLS# 12622378 / Multi Unit - Multiple / Joliet
6 Beds
2 Baths

6 BEDROOM 2-UNIT WITH UPDATED MECHANICALS, NEW ROOF (2025), AND STRONG CASH FLOW POTENTIAL IN THE SOUGHT-AFTER CATHEDRAL AREA! Solid investment opportunity in Joliet featuring a spacious 2-unit layout with a 2 bed / 1 bath unit and a larger 4 bed / 1 bath unit, currently generating $2,800/month in total income including additional garage rent. Located in the sought-after Cathedral Area near downtown Joliet, this property offers convenient access to major highways including I-80 and Route 30, along with nearby shopping, dining, and local amenities. Major updates provide a strong foundation for long-term ownership, including updated electrical panels, multiple furnaces, separate water heaters, and a brand new roof in 2025. Unit 1 features central A/C, while Unit 2 is ready for A/C hook-up. Situated on a generous lot, the property includes two garages and additional off-alley parking. A full basement offers storage and potential to add value with future improvements such as shared laundry. The interior condition presents a value-add opportunity, allowing the next owner to update and increase rents over time. Ideal for investors looking to expand their portfolio or buyers seeking a house-hack opportunity.

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Estimated Payment

$ 1,260.72 per month $688.89 Principal & Interest $481.42 Property Tax $90.42 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Cellar, Full
Garage: 2
Heating: Natural Gas, Forced Air
Home Style: Farmhouse
Lot Size: 0.17 Acres
Roof Type: Asphalt
Taxes: $5,777
Year Built: 1880

Feature Descriptions

Additional rooms: Foyer
Exterior: Aluminum Siding
Lot Dimensions: 59X126X60X127
Other Equipment: CO Detectors, Sump Pump, Multiple Water Heaters
Parcel#: 3007093180050000
Parking: Yes, Garage Owned, Attached, Off Alley, Owned, Garage
Sewer: Public Sewer
Total Rooms: 11
Township: Joliet
Water: Public

Schools

High School: Joliet Central High School
Middle School: Dirksen Junior High School
Elementary School: Farragut Elementary School
School District: District 204

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: Real People Realty

Listing Office Phone: 815-469-7449



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