514 Campbell ST, Joliet, IL 60435
514 Campbell ST, Joliet, IL 60435
514 Campbell ST, Joliet, IL 60435
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Doug Anderson

Doug Anderson

+1(847) 687-3424
$310,000
Est. payment /mo
6 Beds
2 Baths
7,405 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12622378

Style Farmhouse

Bedrooms 6

Year Built 1880

Annual Tax Amount $5,777

Tax Year 2024

Lot Size 7,405 Sqft

Lot Dimensions 59X126X60X127

Property Sub-Type Two to Four Units

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.

Location

State IL

County Will

Area Joliet

Zoning MULTI

Rooms

Basement Unfinished, Cellar, Full

Interior

Heating Natural Gas, Forced Air

Equipment CO Detectors, Sump Pump, Multiple Water Heaters

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Aluminum Siding, No

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding

New Construction false

Schools

Elementary Schools Farragut Elementary School

Middle Schools Dirksen Junior High School

High Schools Joliet Central High School

School District 86 , 86, 204

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ryan Reynolds-Garibay of  Real People Realty 
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Doug Anderson

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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514 Campbell ST