Great investment opportunity! 2 LARGE units in this building. Rents could be significantly higher than currently being rented out for. 1st unit includes 3 bedrooms, 1 bathroom, kitchen, dining room, and living room with linoleum flooring currently being rented for $550.00/mo. 2nd unit includes 4 bedrooms, 1 bath, kitchen, dining room, and living room with ceramic flooring currently being rented for $580.00/mo. Month to month lease for both units. Both units have long term tenants, hence the lower rents. This property does require flood insurance. Seller currently pays $682 per year for this insurance. Seller has never had any flooding. Basement is finished with a kitchen, 2 bedrooms and 1 full bath. Don't miss this rare opportunity to own a 2 flat in Joliet with a finished full basement. Close to transportation, shopping, restaurants.
Sold for $272,500
$272,500
720 Meeker Ave, Joliet, IL 60432
7beds
3baths
2,880sqft
MultiFamily
Built in 1915
-- sqft lot
$276,600 Zestimate®
$95/sqft
$1,728 Estimated rent
Home value
$276,600
$254,000 - $299,000
$1,728/mo
Zestimate® history
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$2,089/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Other, Gas
Appliances
- Included: Refrigerator
Features
- Flooring: Other
- Basement: Partially finished
Interior area
- Total interior livable area: 2,880 sqft
Property
Parking
- Parking features: Carport
Features
- Exterior features: Brick
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 3007034220070000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1915
Community & HOA
Location
- Region: Joliet
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $199,254
- Annual tax amount: $5,563
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Sold | $272,500+319.2%$95/sqft |
Source: Public Record Report a problem | ||
| 5/20/2016 | Sold | $65,000-18.6%$23/sqft |
Source: Public Record Report a problem | ||
| 4/19/2016 | Pending sale | $79,900$28/sqft |
Source: Berkshire Hathaway HomeServices MAC Real Estate #09184804 Report a problem | ||
| 4/5/2016 | Listed for sale | $79,900-11.1%$28/sqft |
Source: Berkshire Hathaway HomeServices MAC Real Estate #09184804 Report a problem | ||
| 2/16/2016 | Listing removed | $89,900$31/sqft |
Source: Berkshire Hathaway HomeServices MAC Real Estate #09015785 Report a problem | ||
| 1/13/2016 | Price change | $89,900-7.3%$31/sqft |
Source: Berkshire Hathaway HomeServices MAC Real Estate #09015785 Report a problem | ||
| 11/18/2015 | Price change | $97,000-7.5%$34/sqft |
Source: Berkshire Hathaway HomeServices MAC Real Estate #09015785 Report a problem | ||
| 9/14/2015 | Price change | $104,900-8.7%$36/sqft |
Source: Berkshire Hathaway HomeServices MAC Real Estate #09015785 Report a problem | ||
| 8/19/2015 | Listed for sale | $114,900+25.6%$40/sqft |
Source: Berkshire Hathaway HomeServices MAC Real Estate #09015785 Report a problem | ||
| 9/3/1997 | Sold | $91,500$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,563 +5.7% | $66,418 +12.5% |
| 2023 | $5,264 +6.8% | $59,012 +10.5% |
| 2022 | $4,930 +5.2% | $53,381 +7.1% |
| 2021 | $4,685 +5.4% | $49,856 +5.3% |
| 2020 | $4,445 +5.1% | $47,346 +7.6% |
| 2019 | $4,228 +4.4% | $44,002 +8.2% |
| 2018 | $4,051 +6.1% | $40,660 +10% |
| 2017 | $3,819 +27.5% | $36,967 +9.2% |
| 2016 | $2,994 +5.3% | $33,861 +6.6% |
| 2015 | $2,843 | $31,750 +0.5% |
| 2014 | $2,843 -3% | $31,600 -7.4% |
| 2013 | $2,932 -2.4% | $34,142 -9.5% |
| 2012 | $3,003 -2.5% | $37,720 -11.7% |
| 2011 | $3,081 -6.7% | $42,700 -12.6% |
| 2010 | $3,302 -1.5% | $48,850 -8.2% |
| 2009 | $3,353 +2.6% | $53,200 |
| 2008 | $3,268 | $53,200 +7% |
| 2007 | -- | $49,720 +8% |
| 2006 | $2,935 +1.9% | $46,050 +4.6% |
| 2005 | $2,880 +12.2% | $44,041 +13.5% |
| 2004 | $2,568 +9% | $38,818 +13.1% |
| 2003 | $2,356 | $34,327 |
Find assessor info on the county website
Neighborhood: Northeast Joliet
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Nearby schools
GreatSchools rating
- 3/10Sator Sanchez Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Gompers Junior High SchoolGrades: 6-8Distance: 1 mi
- 5/10Joliet West High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Parks Elementary School
- Middle: Gompers Junior High School
- High: Joliet Central High School
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$276,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$276,600
- Illinois
- Will County
- Joliet
- 60432
- Northeast Joliet
- 720 Meeker Ave
