LKV Realty
Logo
$459,000
$2,400Reward *
315 Pine Street, Joliet, IL 60435Listing ID 12638669

315 Pine Street, Joliet, IL 60435

Active
Joliet
Last updated: May 14, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
3
Heating
Heating
Natural Gas
Year Built
Year Built
1890
Parking
Parking
Off Street, Driveway, Yes, Owned

Exceptional opportunity to acquire a beautifully renovated, framed-construction three-unit apartment rental property that has all new plumbing, electric, windows and doors in Joliet's sought-after Bicentennial Bluffs neighborhood. Offering an ideal blend of scale, quality updates, and investment appeal; this substantial multi unit building has been thoughtfully improved to meet modern expectations while preserving the spaciousness rarely found in today's housing stock. The unit configuration includes a sprawling 2-bedroom residence encompassing the entire second floor, a well-proportioned 2-bedroom unit on the main level, and a 1-bedroom unit with additional office/flex space on the main level. All units are leased under a month-to-month rental agreement and are fully-occupied by long term tenants. These residents appreciate the updated interiors featuring granite countertops, dishwashers, stylish cabinetry, and real hardwood flooring - - all contributing to a clean, elevated finish creating a strong tenant appeal. Each unit offers individually controlled, forced-air heat and central air conditioning and features a separate 50 gallon hot water heater. An added benefit for ownership is that tenants pay their own heating-cooking gas and electric On the outside, the property is equally compelling, with a wide, side driveway offering generous off-street parking and a fenced backyard that provides privacy and added usability. This ideal location places residents just minutes from downtown Joliet and near some of the areas' recognizable destinations. They include Harrah's Casino, The Rialto Square Theater, the Will County Court House, the City's New City Square, The Transportation Center (Amtrak & Metra), a vibrant mix of downtown dining and entertainment options and close to major highways including Interstates (355, 80, and 55), Lincoln highway along with the Historic Route 66; further enhancing the property's long-term desirability. Extensively updated and well-positioned in an established neighborhood; 315 Pine Street presents a rare opportunity for both investors and owner-occupants seeking a turn-key multi-unit asset with an attractive cash flow. Proudly maintained by the same owner since 2005, this property reflects that long-term stewardship and care. Key Points about 315 Pine Street in Joliet: * Three-unit residential income property * Beautifully renovated framed-construction building * Month-to-Month lease rentals * Located in Bicentennial Bluffs * One oversized 2-bedroom unit occupying entire second floor * One main-floor 2-bedroom unit * One main-floor 1-bedroom unit with office/ flex room * Three, individually-controlled forced-air furnace units with central air * Individual 50 gallon hot water heaters (3) * Granite countertops * Dishwashers * Updated cabinetry * Real hardwood flooring throughout * Wide 2-car driveway * Fenced backyard * Conveniently located near downtown Joliet featuring Harrah's Casino, The Rialto Square Theater, the Will County Court House, the City's New City Square, The Transportation Center (Amtrak & Metra), vibrant restaurants and close to major highways including Interstates (355, 80, 55), Lincoln highway and the Historic Route 66 * A turn-key operation for investor or owner-occupant * Washer and dryer hook-up in basement * Same owner since 2005 Unit Mix: * Unit1: 1 bedroom plus office, 1 bath * Unit 2: 2-bedroom, 1 bath * Unit 3: Large 2-bedroom, 1 bath; occupying an entire second floor

Property Information

Property Details

Location

Address
315 Pine Street
County
Will
City
Joliet
Zip Code
60435
Subdivision
Joliet
School District
204
High School
Joliet Central High School
Elementary School
Farragut Elementary School
MLS Area
Joliet

Interior Features

Beds and Baths

Bedrooms
6

Building

Building Information

Year Built
1890
Construction
Vinyl Siding
Foundation
Stone
Roof
Asphalt

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$5,568
Tax Year
2025
Prello Realty, (773) 805-5325

Market Report for 60435

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 12:51 AM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD1011448