511 3rd Ave
Joliet, IL 60433
Southeast Joliet- 4 Beds
- 2 Baths
4 Beds
2 Baths
Local Information
-- mins to
Description
RARE FIND!!! Beautifully Maintained All-Brick 2-flat on an oversized lot, offering exceptional durability, low upkeep, and long-term value. Each unit features 2 bedrooms and 1 bath, along with separate HVAC systems, allowing tenants to cover their own utility costs-an excellent benefit for owners looking to maximize income and reduce expenses. The comfortable floor plans and excellent condition make it clear this property has been thoughtfully maintained. A full basement provides excellent storage or room for future possibilities, while the two-car garage and additional concrete parking pad offer convenient off-street parking. Both units are currently rented and generating steady income, making this a strong opportunity for investors seeking a turnkey property. Low property taxes further enhance the financial appeal. Ideally located near schools, shopping, dining, and major highways, this property combines accessibility with lasting value. Whether you're an investor growing your portfolio or a buyer planning to live in one unit while renting the other, this well-kept building stands out as an exceptional choice.
511 3rd Ave, Joliet, IL 60433 is a 4 bedroom, 2 bathroom multi-family in Southeast Joliet, built in 1910. It last sold for $274,000 on Feb 27, 2026 (2% below the $279,999 asking price). It is currently off market. The Trulia Estimate is $276,400, with a rent estimate of $1,533/month.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 511 3rd Ave
|
|---|
MLS Status: Closed |
|
|---|
Interior Details Basement: Unfinished,FullNumber of Rooms: 10 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Heating & Cooling Heating: Natural GasHas HeatingHeating Fuel: Natural Gas |
View No View |
|
|---|
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Yes,Garage Owned,Detached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Storm Sewer |
|
|---|
Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 3007152250160000 |
|
|---|
Price List Price: $279,999 |
Status Change & Dates Off Market Date: Mon Jan 05 2026Possession Timing: Subject To Tenant Rights |
|
|---|
Direction & Address City: Joliet |
School Information Elementary School District: 86Jr High / Middle School District: 86High School District: 204 |
|
|---|
Lot Area: 4791.6 sqft |
|
|---|
Special Conditions: None |
|
|---|
Listing Terms: Conventional |
|
|---|
Business Information Ownership: Fee Simple |
|
|---|
BasementMls Number: 12521138 |
|
|---|
Source Internet Entire Listing DisplayMRD Listing On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address Display |
Last check for updates: about 11 hours ago
Listed by Mike Musa, (708) 549-2886
Keller Williams Preferred Rlty
Bought with: Jose Rivas, (779) 702-7727, Real Broker, LLC
Source: MRED as distributed by MLS GRID, MLS#12521138

Price History for 511 3rd Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 02/27/2026 | $274,000 | Sold | MRED as distributed by MLS GRID #12521138 |
| 01/07/2026 | $279,999 | Contingent | MRED as distributed by MLS GRID #12521138 |
| 11/21/2025 | $279,999 | Listed For Sale | MRED as distributed by MLS GRID #12521138 |
| 08/14/2014 | $32,500 | Sold | N/A |
| 02/20/2014 | $29,709 | Sold | N/A |
| 06/15/2004 | $55,000 | Sold | N/A |
Market trends in Joliet
Last updated May 2026
Avg. sale price
$275K
$12.52KMoM
Sale-to-List Price
99.6%
0.1%MoM
Price per sq ft
$178
$1MoM
Available listings
243
8MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,845 |
| Assessment | $137,730 |
Home facts updated by county records
Comparable Sales for 511 3rd Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $180,000 | 01/15/26 | 4 | 2 | - | |
0.32 | Multi-Family Home | $221,000 | 01/29/26 | 5 | 3 | - | |
0.56 | Multi-Family Home | $231,000 | 01/27/26 | 5 | 2 | - | |
0.17 | Multi-Family Home | $218,000 | 12/29/25 | 6 | 2 | - | |
0.32 | Multi-Family Home | $480,000 | 08/27/25 | 12 | 4 | - | |
0.19 | Multi-Family Home | $215,000 | 12/05/25 | 6 | 2 | - | |
1.13 | Multi-Family Home | $233,000 | 02/13/26 | 4 | 2 | - | |
0.76 | Multi-Family Home | $150,000 | 10/15/25 | 4 | 4.5 | - | |
0.83 | Multi-Family Home | $190,000 | 02/04/26 | 4 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 511 3rd Ave.
What Locals Say about Southeast Joliet
At least 41 Trulia users voted on each feature.
93 % Say there are sidewalks
79 % Say yards are well-kept
77 % Say car is needed
71 % Say parking is easy
67 % Say kids play outside
65 % Say there's holiday spirit
64 % Say it's dog friendly
58 % Say they plan to stay for at least 5 years
51 % Say streets are well-lit
47 % Say it's walkable to grocery stores
46 % Say neighbors are friendly
45 % Say it's quiet
42 % Say there's wildlife
31 % Say it's walkable to restaurants
25 % Say people would walk alone at night
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 511 3rd Ave
Off Market Homes Near 511 3rd Ave

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

