Active - Other for sale
Joliet, IL
Facts & features
Why you’ll love it
2 UNIT FULLY OCCUPIED LONG-TERM TENANTS/ $3200 MONTHLY RENT/ TURN KEY Income opportunity meets historic charm at 505 Buell Avenue! Located in Joliet's desirable Cathedral Area and Upper Bluff Historic District, this spacious property offers approximately 2,400 square feet with 5 bedrooms and 3 bathrooms. Zoned R-3 and previously marketed for single-family or two-family use, the home provides flexibility for an owner-occupant, multigenerational household, or investor. Enjoy the character of an established historic neighborhood with convenient access to downtown Joliet, transportation, shopping, dining, and area amenities. Explore the possibilities of restoring this distinctive property as a generous single-family residence or utilizing its income-producing potential. Buyer to verify zoning, permitted use, conversion requirements, room dimensions, and all property details.
Listings courtesy of Steel City Real Estate and Property Management Ser as distributed by MLS GRID.
Listed by: Derek Hackney • Steel City Real Estate and Property Management Ser
Co-listed by: Steel City Real Estate and Property Management Ser
Source: MRED as distributed by MLS GRID, MLS#: 12800779
Based on info available as of Nov 14, 2026 at 11:26 AM EST.
Come see by yourself
Affordability
$2,906/mo
- Mortgage$1,997
- Property tax$909
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$7,900 Credit back
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Travel times
About Joliet
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 11:26am EST. 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.
Make a winning offer, and get up to
$7,900 Credit back