BEDS6
BATHS2 full
MLS#12622378
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 204
Property Description
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.
Property Features
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
Local Schools
High School: Joliet Central High School
Middle School: Dirksen Junior High School
Elementary School: Farragut Elementary School
School District: District 204
Listed By / Shown By
Listed By
Agency Name: Real People Realty
Agency Phone: 815-469-7449
Shown By
Agent Name: Pamela Cunningham
Agent Phone: (815) 289-6323
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 1,979.95 per month $1,408.12 Principal & Interest $481.42 Property Tax $90.42 Homeowner's InsuranceChange Payment Information
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514 Campbell Street | MLS# 12622378
This multi-family property located at 514 Campbell Street , Joliet, IL 60435 is currently listed for sale with an asking price of $310,000. Campbell Street is located within the District 204 school district. Search Joliet real estate on www.pamcunninghamrealtor.com today.