24
See all 24 photos
$6,750,000
Est. payment /mo
Active Under Contract
900-934 & 825-835 North Prairie & North Raynor AVE Joliet, IL 60435
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12403565
Maintenance Fees $39,800
Year Built 1950
Annual Tax Amount $57,663
Tax Year 2023
Lot Dimensions 390 FT X 260 FT
Property Sub-Type Multi Family 5+
Property Description
Never listed before and offered together as a rare portfolio acquisition, 900-934 N Prairie Avenue and 825-835 N Raynor Avenue comprise a well-maintained, 40-unit multifamily investment located in the Cathedral District of Joliet, IL. The portfolio consists of 34 townhouse style units at Prairie Avenue and 6 townhouse style units at Raynor Avenue, both properties are currently fully occupied. Each unit features a spacious floor plan, large unfinished basements with laundry hookups, and tenant-paid utilities-resulting in both convenience for residents and lower overhead for ownership. Tenants provide their own appliances, allowing for flexibility and reduced maintenance responsibilities. The properties offer street parking eliminating the need for snow removal services. With strong in-place cash flow, excellent occupancy, and value-add potential through rent increases, the Prairie & Raynor Avenue Portfolio offers investors a turn-key, income-producing asset in a growing submarket. This is an ideal opportunity for buyers seeking scale, stability, and long-term upside in a high-demand rental area. An IL licensed broker is a member of the LLC that owns the property.
Location
State IL
County Will
Area Joliet
Rooms
Basement Unfinished
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kathleen Long of Citypoint Illinois LLC
GET MORE INFORMATION
Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
QUICK SEARCH
- Real Estate For Sale in Park Ridge, IL
- Real Estate For Sale in Niles, IL
- Real Estate For Sale in Des Plaines, IL
- Real Estate For Sale in Hinsdale, IL
- Real Estate For Sale in Addison, Illinois
- Real Estate For Sale in Arlington Heights, Illinois
- Roosevelt Elementary Park Ridge
- Washington Elementary Park Ridge
- What's My Home Worth?
- Hot Homes in Park Ridge IL HOT
- New Construction For Sale
- Home for Sale in Dyer, IN
- Newer Construction Homes For Sale In Dyer, IN
- Homes For Sale in Schererville, IN
- Newer Construction in Schereville, IN
- Single Family Homes For Sale in Westmont, IL
- Single Family Homes For Sale in Naperville, IL
- Westmont, IL Rentals
- Naperville, IL Rentals
- Park Ridge IL 3D Tours
- Elmhurst, IL 3D Tours
- Niles IL 3D Tours
- Des Plaines, IL 3D Tours
- WALK THROUGH THESE HOMES IN 3D!
- Homes For Sale in Munster, IN
- Des Plaines IL Rentals
- How to search using CBy3D.com
- Map of Open Houses Coming Up
- Recent Sales