Sold41d on marketHistoric · 116 yrs
511 3rd Ave
Joliet, IL, 60433 • Southeast Joliet • Will County
$274,000
4Beds
2Baths
0.11 acLot
1910Built
Property DNA
Character Home
Built 1910 · 116 years of history
2-Car Garage
Yes · Garage Owned · Detached · Garage
This home is getting attention
Listed 41 days ago · 34 views
Market activity
Demand and pricing signals for this listing
34 views
People checking out this listing
41 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 42% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1910 · Historic
RARE FIND!!! Beautifully Maintained All-Brick 2-flat on an oversized lot, offering exceptional durability, low upkeep, and long-term value. Each unit features 2 bedrooms and 1 bath, along with separate HVAC systems, allowing tenants to cover their own utility costs-an excellent benefit for owners looking to maximize income and reduce expenses. The comfortable floor plans and excellent condition make it clear this property has been thoughtfully maintained. A full basement provides excellent storage or room for future possibilities, while the two-car garage and additional concrete parking pad offer convenient off-street parking. Both units are currently rented and generating steady income, making this a strong opportunity for investors seeking a turnkey property. Low property taxes further enhance the financial appeal. Ideally located near schools, shopping, dining, and major highways, this property combines accessibility with lasting value. Whether you're an investor growing your portfolio or a buyer planning to live in one unit while renting the other, this well-kept building stands out as an exceptional choice.
Standout features identified
Our analysis highlights comfortable floor plans, two-car garage, and oversized lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,708/month
Principal & Interest$1,343
Property Tax$274
Insurance$91
Down payment20% ($54,800)
3%50%
Est. 6.20% rate · 30yr fixed · $219,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1910
HeatingNatural Gas
Parking2 Garage spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1910
Systems
HeatingNatural Gas
ConstructionBrick
Water / SewerPublic / Storm Sewer
Parking & Outdoor
ParkingYes, Garage Owned, Detached, Garage
Garage2 spaces
BasementUnfinished,Full
Lot4,791 sqft
Location & Tax
NeighborhoodSoutheast Joliet
ZoningMULTI
Annual tax$3,845
Parcel3007152250160000
Bathrooms & Fees
Full baths2
Features & details
3 categories of property features
Interior Features
Heating
Natural Gas
Exterior Features
Parking
Yes
Garage Owned
Detached
Garage
Construction
Brick
Listing insights
Market data and value estimates
StatusSold
Days on market41
Est. value$276,000
Est. rent$1,661/mo
Tax rate2.17%
On marketNov 21, 2025
PostedNov 21, 2025
Last sold$274,000
MLS statusClosed
MLS updatedFeb 27, 2026
Tour days6
Views34
How are the schools in Joliet?
3 schools rated nearby
Location
Joliet, IL, 60433
Price history
6 events
DateEventPrice$/sqftSource
Feb 27, 2026Sold$274,000—MRED as distributed by MLS GRID
Jan 7, 2026Contingent$279,999—MRED as distributed by MLS GRID
Nov 21, 2025Listed For Sale$279,999—MRED as distributed by MLS GRID
Aug 14, 2014Sold$32,500—Public Record
Feb 20, 2014Sold$29,709—Public Record
Jun 15, 2004Sold$55,000—Public Record
Sold$274,000
Feb 27, 2026•MRED as distributed by MLS GRID
Contingent$279,999
Jan 7, 2026•MRED as distributed by MLS GRID
Listed For Sale$279,999
Nov 21, 2025•MRED as distributed by MLS GRID
Sold$32,500
Aug 14, 2014•Public Record
Sold$29,709
Feb 20, 2014•Public Record
Sold$55,000
Jun 15, 2004•Public Record
Tax history
24 years of records
YearTax paidAssessed value
Apr 10, 2023$3,639$40,791
Apr 10, 2022$3,408$36,898
Apr 10, 2021$3,239$34,462
Apr 10, 2020$3,073$32,728
Apr 10, 2019$2,923$30,416
Apr 10, 2018$2,801$28,106
Apr 10, 2017$2,640$25,554
Apr 10, 2016$2,479$23,063
Apr 10, 2015$3,154$28,550
Apr 10, 2014$3,154$28,400
Apr 10, 2013$3,204$30,752
Apr 10, 2012$3,331$35,195
Apr 10, 2011$3,144$37,450
Apr 10, 2010$3,308$42,939
Apr 10, 2009$3,223$45,367
Apr 10, 2008$3,108$45,367
Apr 10, 2007—$42,400
Apr 10, 2006$2,871$40,150
Apr 10, 2005$2,667$36,151
Apr 10, 2004$2,038$31,846
Apr 10, 2003$1,786$26,869
Apr 10, 2002$1,802$26,525
Apr 10, 2001$1,674$25,510
Apr 10, 2000$1,553$24,296
Nearby homes
Neighborhood details
Local context around this listing
Joliet, IL • Will County
Nearby neighborhoods
CathedralCunninghamForest ParkIngalls ParkNortheast JolietReedwoodRidgewoodSoutheast JolietSt. John'sSt. Pat's
Nearby cities
BolingbrookFrankfortJolietLockportMokenaNapervilleNew LenoxPlainfield
Nearby zip codes
604316043260433604346043560436
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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