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$399,000

101 Eastern Ave

Joliet, IL
Active
7
Bedrooms
1909
Year Built
104
Days On Market

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.

Listing Information

Listing Updated
07/28/2026
Listed By
Mariano Rotondo · Charles Rutenberg Realty, 6309291100
MLS#
12712600
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
101 S Eastern Ave, Joliet, IL 60433
City
Joliet
County
Will
Zip Code
60433

Architecture

Bedrooms
7
Year Built
1909
Construction Materials
Vinyl Siding
Garage
Yes
Garage Spaces
2
Parking Features
Garage, Detached

Features & Amenities

Heating
Forced Air

Property Features

Water
Public
Sewer
Public Sewer

Tax & Financial Information

List Price
$399,000
Annual Taxes
$5,583

Schools

98/100
Edna Keith Elementary School
Elementary · Grades KG–05 · 0.5 mi
City
Joliet
Students
433
Student body
61% Black · 33% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
100%
Phone
(815) 723-3409
93/100
Isaac Singleton Elementary School
Elementary · Grades KG–05 · 1.9 mi
City
Joliet
Students
620
Student body
66% Hispanic / Latino · 26% Black · 6% White
Free/reduced lunch
100%
Phone
(815) 723-0228
75/100
Washington Junior High & Academy Prgm
Middle · Grades 06–08 · 0.5 mi
City
Joliet
Students
798
Parent reviews
5.0★ avg · 2 reviews
Student body
56% Hispanic / Latino · 32% Black · 7% White
Free/reduced lunch
99%
Phone
(815) 727-5271
72/100
Joliet Central High School
High · Grades 09–12 · 0.3 mi
City
Joliet
Students
3,295
Parent reviews
5.0★ avg · 6 reviews
Student body
73% Hispanic / Latino · 15% Black · 10% White
Free/reduced lunch
78%
Phone
(815) 727-6740
70/100
M J Cunningham Elementary School
Elementary · Grades KG–05 · 1.6 mi
City
Joliet
Students
572
Parent reviews
5.0★ avg · 2 reviews
Student body
77% Hispanic / Latino · 12% White · 7% Black
Free/reduced lunch
100%
Phone
(815) 723-0169
55/100
Lincoln School ALOP
High · Grades 06–12 · 1.5 mi
City
Joliet
Students
10
Student body
50% Hispanic / Latino · 30% White · 10% Black
Free/reduced lunch
50%
Phone
(815) 774-8900
54/100
Sator Sanchez Elementary School
Elementary · Grades KG–05 · 1.6 mi
City
Joliet
Students
751
Student body
89% Hispanic / Latino · 9% Black · 2% White
Free/reduced lunch
100%
Phone
(815) 740-2810
53/100
Thompson Instructional Center
Elementary · Grades KG–08 · 1.4 mi
City
Joliet
Students
58
Student body
48% Black · 26% Hispanic / Latino · 19% White
Free/reduced lunch
91%
Phone
(815) 740-5458

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/22/2026Listed for sale$399,000

Listed by Mariano Rotondo · Charles Rutenberg Realty · 6309291100

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: July 28, 2026 at 5:09 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12712600

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