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  • Price cut: $11K (6/26)
    $299,000

    514 Campbell St, Joliet, IL 60435

    6beds
    --sqft
    : 
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    Multi Family
    Built in 1880
    -- sqft lot
    $295,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Multiple furnacesGenerous lotSeparate water heatersTwo garagesFull basement offers storageAdditional off-alley parkingUpdated electrical panels
    6 BEDROOM 2-UNIT WITH UPDATED MECHANICALS, NEW ROOF (2025), AND STRONG CASH FLOW POTENTIAL IN THE SOUGHT-AFTER CATHEDRAL AREA! Solid investment opportunity in Joliet featuring a spacious 2-unit layout with a 2 bed / 1 bath unit and a larger 4 bed / 1 bath unit, currently generating $2,800/month in total income including additional garage rent. Located in the sought-after Cathedral Area near downtown Joliet, this property offers convenient access to major highways including I-80 and Route 30, along with nearby shopping, dining, and local amenities. Major updates provide a strong foundation for long-term ownership, including updated electrical panels, multiple furnaces, separate water heaters, and a brand new roof in 2025. Unit 1 features central A/C, while Unit 2 is ready for A/C hook-up. Situated on a generous lot, the property includes two garages and additional off-alley parking. A full basement offers storage and potential to add value with future improvements such as shared laundry. The interior condition presents a value-add opportunity, allowing the next owner to update and increase rents over time. Ideal for investors looking to expand their portfolio or buyers seeking a house-hack opportunity.
    94 days
    |
    385
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Reynolds-Garibay (630)770-5836,

    Real People Realty,

    Rafael Velasco 708-259-2087,

    Real People Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12622378MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Foyer
      Heating
      • Natural Gas, Forced Air
      Appliances
      • Included: Multiple Water Heaters
      Features
      • Basement: Unfinished,Cellar,Full

      Property

      Parking
      • Total spaces: 6
      • Parking features: Yes, Garage Owned, Attached, Off Alley, Owned, Garage
      • Attached garage spaces: 2
      Features
      • Patio & porch: Porch
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 59X126X60X127
      Details
      • Parcel number: 3007093180050000
      • Zoning: MULTI
      • Special conditions: None
      • Other equipment: Sump Pump

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Farmhouse
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Foundation: Stone
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1880
      • Major remodel year: 2019

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Sidewalks, Street Lights, Street Paved
      • Security: Carbon Monoxide Detector(s)
      Location
      • Region: Joliet

      Financial & listing details

      • Tax assessed value: $230,919
      • Annual tax amount: $5,777
      • Date on market: 4/18/2026
      • Ownership: Fee Simple

        Estimated market value

        $295,200

        $280,000 - $310,000

        $1,631/mo

        Price history

        DateEventPrice
        6/26/2026Price change$299,000-3.5%
        Source: MRED as distributed by MLS GRID #12622378 Report a problem
        4/18/2026Listed for sale$310,000+40.9%
        Source: MRED as distributed by MLS GRID #12622378 Report a problem
        5/7/2021Sold$220,000+60.6%
        Source: MRED as distributed by MLS GRID #11014695 Report a problem
        3/20/2019Sold$137,000-16%
        Source: MRED as distributed by MLS GRID #10047504 Report a problem
        12/12/2007Sold$163,000+16.8%
        Source: Public Record Report a problem
        9/28/2004Sold$139,500+34.1%
        Source: Public Record Report a problem
        10/1/2003Sold$104,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,777 +7.2%$76,973 +12.6%
        2023$5,387 +4.4%$68,390 +10.6%
        2022$5,159 -5%$61,863 +7.1%
        2021$5,430 +10.7%$57,778 +10.6%
        2020$4,904 +5.1%$52,228 +7.6%
        2019$4,664 +4.4%$48,539 +8.2%
        2018$4,469 +6.1%$44,853 +10%
        2017$4,212 +4.4%$40,779 +8.6%
        2016$4,035 +3.8%$37,541 +6.7%
        2015$3,887 $35,200 +0.6%
        2014$3,887 +0.5%$35,000 -5.8%
        2013$3,869 -7.2%$37,138 -15.7%
        2012$4,170 -5.1%$44,055 -15.8%
        2011$4,394 +0.3%$52,350 -7.9%
        2010$4,381 -0.4%$56,862 -8.2%
        2009$4,399 +3.7%$61,931
        2008$4,243 $61,931 +7%
        2007-- $57,880 +14.4%
        2006$3,618 +10.6%$50,600 +14.2%
        2005$3,270 +14.5%$44,323 +17.8%
        2004$2,856 +3.4%$37,622 +4.1%
        2003$2,763 $36,150
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Cathedral

        Getting around

        68 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Farragut Elementary School
        • Middle: Dirksen Junior High School
        • High: Joliet Central High School
        • District: 86

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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