101 S Eastern Avenue
Property Description
This solid 2-unit building delivers the perfect blend of space, convenience, and strong financial performance, generating approximately $49,200 in annual residential rent plus an additional $4,800 from parking income-a standout opportunity for any investor. The property offers extensive parking, including a covered 2-car carport and plenty of uncovered spaces, a rare advantage in this area. The bright and well-laid-out upper unit includes access to a full attic with 8-foot ceilings, offering tremendous potential to expand into a large duplex-style layout or create additional living space to maximize future value. Its strategic location places you just minutes from Downtown Joliet, the Metra Rock Island Line, shopping, restaurants, schools, parks, and quick connections to I-80 and I-55, ensuring high rental demand and long-term stability. A versatile, income-producing property with clear room for growth, ready to perform from day one.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $399,000 |
| Year Built: | 1909 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 2 |
ID: 3yd-MREDIL-12712600
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