Listed price in listed location currency (USD).
$779,000

000

MLS® 12761614

Open House
Sat Oct 10, 12:00-2:00 PM CDT
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $11,443
Days Active 1
Lot Size 0.34 Acres
Approx. Age 1910
MLS® Number 12761614

Property Address: 11 Nicholson St, Joliet, IL, 60435-7483

Average square foot calculated using Size range provided by listing agent.

Description

Two-building, 6-unit multifamily portfolio located in Joliet's Cathedral District. Built in 1910 and recently updated with new HVAC and split AC systems across 3, 456 square feet, these buildings deliver a stabilized income stream with lower near-term capital expenditure risk than most properties this age. Location does the heavy lifting here: walking distance to the University of St. Francis, downtown Joliet, and regional transit puts three separate tenant pools (students, commuters, downtown workers) right at the door. A vacant rear parcel adds room to expand parking or explore future development, giving this deal upside beyond the current rent roll. Established, cash-flowing, and sitting in one of Joliet's most walkable neighborhoods. A hold-and-grow opportunity for an investor who wants income now and options later.
MLS® Number12761614
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementNone
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 6, 2026List Date
$779,000List Price
  • Commute

Commute

Starting Address
Destination Address
11 Nicholson St, Joliet, IL

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