$500,000

416 Buell Avenue, Joliet, IL 60435

  • 6 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1904
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

*** Positioned in Joliet's sought-after Cathedral Area!!! *** This F U L L Y - R E N O V A T E D two-unit home presents a rare opportunity for both investors and multi-generational buyers seeking flexibility, stability, and long-term value!!! Each expansive unit offers a true three-bedroom layout with generous living space - approximately 1,426 square feet on the first floor and 1,699 square feet on the second - delivering the feel of two full single-family homes under one roof. The interiors have been METICULOUSLY upgraded and showcase model-like presentation throughout!!! Every detail has been executed by a contractor with more than 25 years of quality craftsmanship experience, ensuring the finishes are not only beautiful but built to last. Both residences feature refinished hardwood flooring, new windows, fresh designer paint, updated kitchens with stainless steel appliances, recessed lighting, and soaring 9-foot ceilings that create a bright, open atmosphere. Formal dining rooms provide a natural gathering space for entertaining, while decorative fireplaces in each unit add architectural character and warmth. The thoughtful layout allows for privacy and independence. Separate utility meters, distinct entrances, and well-planned circulation make this an ideal structure for extended families looking to live together while maintaining separate living quarters. The first-floor unit greets you with an impressive entry foyer accented by detailed woodwork and a dramatic built-in mirror feature. Upstairs, the second-floor unit offers a charming enclosed front porch - perfect as a reading nook, office space, or peaceful morning retreat. From an investment perspective, the fundamentals are strong. Separate utilities simplify management and expense allocation. Two large garages - one 2-car and one 2 1/2-car - combined with newly completed dual driveways provide exceptional parking capacity, a significant advantage for tenants and owners alike. The size, layout, and condition position this property attractively for strong rental income potential, owner-occupant house hacking, corporate or medical professional housing, or long-term portfolio holding in an established neighborhood known for architectural character and proximity to downtown Joliet amenities. This home is turnkey in the truest sense - no deferred maintenance, no renovation guesswork, no capital improvement surprises. It shows like a model and reflects pride of workmanship throughout. Whether you are an investor seeking reliable cash flow and asset appreciation, a multi-generational family desiring proximity without compromise, or an owner looking for rental income, this opportunity checks every box. Properties in this condition and configuration rarely become available in the Cathedral Area. Schedule your private showing today and secure this exceptional investment before it's gone!

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 7:18AM
Listing Office:
RE/MAX of Naperville : 630-841-6676
Listing Agent:
Bernard Cobb : 630-841-6676
MLS ID:
12565102
  • Basement: UnfinishedFull
  • Heating: Natural GasForced Air
  • General: Balcony
  • Parking: Garage Door OpenerYesGarage OwnedDetachedGarageParking spaces: 4
  • Roofing: Asphalt
  • HOA Amenities: ParkCurbsSidewalksStreet LightsStreet Paved
  • Originating MLS: mred
  • School District: 86
  • County: Will
  • Zoning: 3007093090160000
  • Water: Lake MichiganPublic
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Bernard Cobb , RE/MAX of Naperville

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Farragut Elementary School

701 Glenwood Ave, Joliet, IL, 60435

Grades KG-5

0.35 miles away

W

Washington Junior High School & Academy

402 Richards St, Joliet, IL, 60433

Grades 6-8

1.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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