$359,000
4 Beds
2 Baths
2,000 sqft
331 Pine St, Joliet, IL 60435
Est. Mortgage $2,662/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1900
$180/sqft
Open Parking
Local Information
- Map ViewExplore the area around 331 Pine St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:First-come parking
331 Pine Street presents an attractive opportunity to acquire a well-maintained, fully occupied two-unit residential investment property in Joliet, Illinois. Offered at $359,000, the property generates $35,400 in annual scheduled rent from two executed leases and offers the benefit of a newer 2024 roof, a 2025 water heater replacement, separately metered tenant-paid gas and electricity, and available first-come parking. Its established tenancy, straightforward operating profile, and recent capital improvements make it a compelling addition to a local investor's portfolio. Investment Highlights Offering Price: $359,000 | $179,500 per unit In-Place Income: $2,950/month | $35,400/year Normalized NOI / Cap: $21,788 | 6.07% Recent Improvements: 2024 roof; 2025 water heater Utilities: Separate tenant-paid gas and electricity Occupancy: 100% leased | two residential apartments Parking & Grounds: First-come parking; tenant lawn and snow care Property Overview & Improvements Located on Pine Street in an established Joliet residential neighborhood, this two-flat features two leased apartments with a working configuration of two bedrooms and one bathroom per unit. Recent photographs showcase well-presented living areas, kitchens, and bathrooms. Ownership reports both units to be in very good condition. Significant recent improvements include a 2024 roof replacement and replacement of one water heater in 2025. Basement utility space accommodates two visible hot-water tanks. Each apartment has its own gas and electric metering, helping limit owner-paid utility exposure. Existing tenant arrangements also provide for water expense sharing. First-come parking and tenant-performed lawn care and snow removal contribute to a practical, straightforward operating profile. Some listing photos have been virtually staged or manipulated by AI.
Last check for updates: about 2 hours ago
Listing courtesy of Randolph Taylor, (630) 474-6441
eXp Commercial
Source: My State MLS, MLS#12067783
Home Details for 331 Pine St
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Interior Details Basement: Full,UnfinishedNumber of Rooms: 8Types of Rooms: Kitchen, Basement |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2000 Square Feet |
Appliances & Utilities Utilities: Naturl Gas AvailableAppliances: Refrigerator, OvenRefrigerator |
Heating & Cooling Heating: Gas,Forced AirHas CoolingAir Conditioning: CentralHas HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Amps(0) |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate, Tile |
Levels, Entrance, & Accessibility Stories: 2Floors: Carpet, Laminate, Tile |
View No View |
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Exterior Home Features Roof: AsphaltExterior: UtilitiesNo Private Pool |
Parking & Garage No GarageHas Open ParkingParking: Driveway |
Frontage Not on Waterfront |
Water & Sewer Sewer: Municipal |
Finished Area Finished Area (above surface): 2000 Square Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1900Year Renovated: 2025 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, ApartmentStructure Type: Apartment, DuplexArchitecture: Apartment,Duplex |
Building Construction Materials: Frame, Wood SidingNot a New Construction |
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Price List Price: $359,000Price Per Sqft: $180 |
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MLS Status: Active |
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Direction & Address City: JolietCommunity: River Bluffs |
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Listing Agent Listing ID: 12067783 |
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Building Area Building Area: 2000 Square Feet |
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Not Senior Community |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 6969.6 sqft |
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Listing Agreement Type: Exclusive |
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BasementMls Number: 12067783Above Grade Unfinished Area: 2000 |
Price and Tax history
| Date | Event | Price |
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Nov 14, 2026 Source: My State MLS #12067783 | Listed For Sale | $359,000 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about St. John's
At least 43 Trulia users voted on each feature.
94 % Say there are sidewalks
75 % Say car is needed
74 % Say yards are well-kept
68 % Say kids play outside
68 % Say it's dog friendly
64 % Say parking is easy
61 % Say there's holiday spirit
49 % Say there's wildlife
49 % Say it's quiet
49 % Say they plan to stay for at least 5 years
49 % Say streets are well-lit
44 % Say it's walkable to restaurants
42 % Say neighbors are friendly
29 % Say people would walk alone at night
28 % Say it's walkable to grocery stores
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Joliet
Last updated October 2026
Avg. sale price
$289K
$10.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$184
$3MoM
Available listings
296
3MoM
Sourced by Trulia Market Trends
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $260,000 | 01/05/26 | 5 | 2 | - | |
0.10 | Multi-Family Home | $487,500 | 04/13/26 | 6 | 2.5 | - | |
0.19 | Multi-Family Home | $380,000 | 06/22/26 | 6 | 3 | - | |
0.51 | Multi-Family Home | $292,000 | 07/14/26 | 3 | 2 | - | |
0.59 | Multi-Family Home | $264,300 | 08/26/26 | 4 | 2 | - | |
0.54 | Multi-Family Home | $300,000 | 01/05/26 | 5 | 2 | - | |
0.68 | Multi-Family Home | $246,000 | 09/18/26 | 4 | 2.5 | - | |
0.48 | Multi-Family Home | $243,000 | 05/22/26 | 3 | 2 | - | |
0.55 | Multi-Family Home | $102,000 | 05/29/26 | 5 | 3 | - | |
0.21 | Multi-Family Home | $348,500 | 06/29/26 | 4 | 2 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | - | 2 | 1 | 1,600 | Off Market | |
0.00 | - | 3 | 1 | - | Off Market | |
0.01 | $209,000 | Studio | 1 | 2,528 | Off Market | |
0.01 | - | - | - | - | Off Market | |
0.01 | $251,000 | 3 | 1 | 1,000 | Off Market | |
0.02 | $204,000 | Studio | - | 1,040 | Off Market | |
0.02 | $232,300 | Studio | 2 | 2,432 | Off Market | |
0.03 | $253,300 | 3 | 1.5 | 2,304 | Off Market | |
0.03 | $230,400 | 5 | 1 | - | Off Market | |
0.03 | $183,800 | Studio | - | 1,104 | Off Market | |
0.03 | $187,500 | Studio | - | 1,056 | Off Market | |
0.03 | $250,100 | 4 | 2.5 | 2,100 | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.04 | $182,900 | 4 | 1.5 | 1,728 | Off Market | |
0.04 | $268,000 | 4 | 1.5 | 1,728 | Off Market | |
0.04 | - | 3 | 1 | 1,240 | Off Market | |
0.04 | - | 3 | 1 | 800 | Off Market | |
0.04 | - | 3 | 1 | 800 | Off Market | |
0.04 | $140,000 | Studio | - | 1,104 | Off Market |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Randolph Taylor, eXp Commercial
Agent Phone: (630) 474-6441
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Frequently asked questions about 331 Pine St
- What is the estimated monthly payment for 331 Pine St?Based on a $359,000 list price with 20% down at today's rates, the estimated monthly payment for 331 Pine St in Joliet, IL is approximately $2,732 (about $2,008 principal & interest, $649 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 331 Pine St compare to homes in Joliet?331 Pine St in Joliet, IL is listed at $359,000, about 24% above the $289K median sale price in Joliet.
- What do residents say about the St. John's neighborhood?Residents describe the St. John's neighborhood in Joliet, IL as pedestrian-friendly, well-kept, and dog-friendly. See homes for sale in St. John's, Joliet.
- What are the closest schools to 331 Pine St?The closest schools to 331 Pine St in Joliet, IL are Farragut Elementary School (rated 3/10), Hufford Junior High School (rated 3/10), Joliet Central High School (rated 2/10).
- Does 331 Pine St have air conditioning?Yes, 331 Pine St in Joliet, IL has air conditioning.
- Does 331 Pine St have parking?Yes, 331 Pine St in Joliet, IL has on-site parking.
331 Pine St, Joliet, IL 60435 is a 4 bedroom, 2 bathroom, 2,000 sqft multi-family built in 1900. 331 Pine St is located in St. John's, Joliet. This property is currently available for sale and was listed by My State MLS on Nov 14, 2026. The MLS # for this home is MLS# 12067783.