402 Allen Street
Joliet, Illinois 60436

New / MLS #12566011 / Multiple Unit (2-4) / Joliet
Listing information updated 2/11/2026 at 6:04am
Great opportunity at Joliet, IL. This solid 3-unit multifamily property with strong income and tons of potential. This is a perfect fit for investors looking for steady cash flow or buyers planning to use an owner-occupied loan. The property is very spacious, Current tenants on month-to-month basis, giving flexibility to the next owner. Located in the growing city of Joliet, one of the fastest-developing areas in the southwest suburbs with new businesses, ongoing development, and increasing rental demand. Just minutes from Downtown Joliet, close to Louis Joliet Mall, shopping, schools, parks, and with easy access to Interstate 80 and Interstate 55, the location makes it very attractive for tenants. As a great extra, the garage brings $400 per month in additional income, making this property an even smarter buy. (Room sizes are estimated. Photos reflect the condition of the property prior to tenant occupancy.)

Listing Office: Charles Rutenberg Realty of IL

Listing Office Phone: 630.929.1100

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402 Allen Street, Joliet, IL 60436 is a multiple unit (2-4) currently listed at $405,000. 402 Allen Street features 8 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since February 10th, 2026 and was built in 1899. The nearest transit stops include Joliet Metra Metra Heritage Corridor line.