


315 Pine StreetJoliet, IL 60435
Multi-Family · 6 Beds315 Pine Street Overview
- Time on Site:
- 52 days
- Visits:
- 0
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
315 Pine Street Facts & Features
- Type Multi-Family
Details
General
School Information
- School District: 204
- Elementary School: Farragut Elementary School
- Middle Or Junior School: Hufford Junior High School
- High School: Joliet Central High School
Income/Expenses
- Gross Income: 33540
- Insurance Expense: 2600
- Net Operating Income: 21857
- Water Sewer Expense: 3515
Building Information
- New Construction: No
- Year Built: 1890
Location/Region
- County Or Parish: Will
- MLS Area Major: Joliet
- Township: Joliet
Community/Development
- Community Features: Curbs, Sidewalks, Street Lights, Street Paved
Tax Information
- Tax Annual Amount: $5,568.00
- Tax Year: 2025
General Information
- Ownership: Fee Simple
- Parcel Number: 3007094000430000
- Property Type: Residential Income
- Special Listing Conditions: None
- Zoning: MULTI
Interior
Parking Information
- Half Baths Building: 0
Beds/Baths
- Bathrooms Total: 3
- Bedrooms Total: 6
- Bedrooms Possible: 6
- Full Baths Building: 3
General Information
- Basement: Unfinished, Full
- Foundation Details: Stone
- Heating: Natural Gas
- Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
- Rooms Total: 15
Exterior
Parking Information
- Parking Features: Off Street, Driveway, Yes, Owned
- Parking Total: 2
Lot Information
- Lot Size Dimensions: 4350
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Traditional
- Construction Materials: Vinyl Siding
- Roof: Asphalt
General Information
- Exterior Features: Lighting
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 806
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 914
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Actual Rent: 1075
- Beds Total: 2
- Baths Total: 1
315 Pine Street Neighborhood
Community
60435 (Crest Hill) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.315 Pine Street Monthly Cost
315 Pine Street Market Data
Based on the last 30 days in this zip code
315 Pine Street History
| Date | Value | Agent |
|---|---|---|
| 5/13/2026Source: MRED | Active |
|
| 5/8/2026Source: MRED | May 08, 2026 |























