416 Buell Ave

Joliet, IL 60435
  • $500,000

    Price
  • 6

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 23030 - 232400

*** Positioned in Joliet's sought-after Cathedral Area!!! *** This F U L L Y - R E N O V A T E D two-unit home presents a rare opportunity for both investors and multi-generational buyers seeking flexibility, stability, and long-term value!!! Each expansive unit offers a true three-bedroom layout with generous living space - approximately 1,426 square feet on the first floor and 1,699 square feet on the second - delivering the feel of two full single-family homes under one roof. The interiors have been METICULOUSLY upgraded and showcase model-like presentation throughout!!! Every detail has been executed by a contractor with more than 25 years of quality craftsmanship experience, ensuring the finishes are not only beautiful but built to last. Both residences feature refinished hardwood flooring, new windows, fresh designer paint, updated kitchens with stainless steel appliances, recessed lighting, and soaring 9-foot ceilings that create a bright, open atmosphere. Formal dining rooms provide a natural gathering space for entertaining, while decorative fireplaces in each unit add architectural character and warmth. The thoughtful layout allows for privacy and independence. Separate utility meters, distinct entrances, and well-planned circulation make this an ideal structure for extended families looking to live together while maintaining separate living quarters. The first-floor unit greets you with an impressive entry foyer accented by detailed woodwork and a dramatic built-in mirror feature. Upstairs, the second-floor unit offers a charming enclosed front porch - perfect as a reading nook, office space, or peaceful morning retreat. From an investment perspective, the fundamentals are strong. Separate utilities simplify management and expense allocation. Two large garages - one 2-car and one 2 1/2-car - combined with newly completed dual driveways provide exceptional parking capacity, a significant advantage for tenants and owners alike. The size, layout, and condition position this property attractively for strong rental income potential, owner-occupant house hacking, corporate or medical professional housing, or long-term portfolio holding in an established neighborhood known for architectural character and proximity to downtown Joliet amenities. This home is turnkey in the truest sense - no deferred maintenance, no renovation guesswork, no capital improvement surprises. It shows like a model and reflects pride of workmanship throughout. Whether you are an investor seeking reliable cash flow and asset appreciation, a multi-generational family desiring proximity without compromise, or an owner looking for rental income, this opportunity checks every box. Properties in this condition and configuration rarely become available in the Cathedral Area. Schedule your private showing today and secure this exceptional investment before it's gone!

Listing Highlights

Status Active
Days on Site 12
Property Type Multi-Family
MLS ® 12565102
Year Built 1904
Total Square Footage 0
Lot/Acreage 0.22
County Will
School District 86
Elementary School Eisenhower Elementary School

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full
  • Appliances: Ceiling Fan(s)
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other:
  • Water: Lake Michigan,Public

Exterior Details

  • Garage Capacity: 4 car
  • Parking Spaces: 4
  • Lot Dimensions: 24.9x39.7 x161.4x47.7x162.6
  • Roof: Asphalt
  • Others: Balcony
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $8,136
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 3007093090160000
  • Tax Year: 2024

Payment Calculator

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416 Buell Ave Joliet, IL 60435

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Originating MLS: mred

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