511 3rd Ave

$279,999
Price
4
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Mike Musa • Keller Williams Preferred Rlty
    P: (708)-549-2886 C: (708)-549-2886 mikemusa@kw.com

Property Details for 511 3rd Avenue

Area
Joliet
Township
Joliet
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas
Zoning
MULTI
LISTING UPDATED: 11/28/2025 11:28 AM

Property Details for 511 3rd Avenue

StatusActive
MLS #12521138
Days on Market29
Taxes$3,845 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1910
Lot Size0.11 AC / 4,791 SF
CountyWill County

Location

Listing Courtesy of Keller Williams Preferred Rlty
Add your commute

Building Information for 511 3rd Avenue

Stories-Residences2Year Built1910Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$1,704 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,384

Property Taxes

$320

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 511 3rd Avenue

General Information
School Information
  • Elementary School District: 86
  • High School District: 204
  • Middle Or Junior School District: 86
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 4
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Storm Sewer
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 40X122
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Construction: Brick
  • General Information: None
  • South Coordinate: 24
  • West Coordinate: 23
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 30
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: Ju/26
Unit 2
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: Ja/26

Property History for 511 3rd Avenue

DateEvent & SourcePriceAppreciation
Nov 20, 2025

Listed (Active)

MRED #12521138

$279,999
DateEvent & SourcePrice
11/20/2025

Listed (Active)

MRED #12521138

$279,999

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 511 3rd Avenue

Taxable ValueLand$5,108Additions$29,354Total$34,462
Tax Record2022$3,408 ($284 / month)
Home Facts
Beds0Total Finished SqFt2,520 SqFtAbove Grade Finished SqFt2,520 SqFtStories2Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1910CountyWILLAPN30-07-15-225-016

Schools near 511 3rd Avenue

This home is within Joliet Township Hsd 204 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Woodland Elementary School
PublicK to 5

Washington Jr High & Academy Prgm
Public6 to 8

Joliet Central High School
Public9 to 12

Pathways Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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511 3rd Avenue is a multi-family home for sale in Joliet, IL 60433. This property was listed for sale on November 20, 2025 by Keller Williams Preferred Rlty, it's currently listed at $279,999. This listing's school districts are Joliet Township Hsd 204 School District, Joliet Public School District 86 School District. Nearby schools include Woodland Elementary School, Washington Jr High & Academy Prgm and Joliet Central High School. 511 3rd Avenue is a 4-bed, 2-bath, multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Preferred Rlty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/28/2025 11:28 AM. 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.