SOLD DEC 1, 2025

Off market dec 2025 for $380K

$394,359

Est. refi paymentEst. refi $2,610/mo

•

—

sq ft

409 State St, Joliet, IL 60432

About this home

Investors Welcome! This well-maintained 4-unit building offers an excellent opportunity for steady rental income. The main floor features a spacious 3-bedroom/1-bath front apartment and a 1-bedroom/1-bath rear unit. The second floor includes a 2-bedroom/1-bath front unit and a 1-bedroom/1-bath rear unit. Major updates completed in 2017 include electric, plumbing, roof, windows, and insulation. Each unit is separately metered for gas and electric and has its own furnace and water heater. The front units on both levels include in-unit laundry with washer/dryer combos. Tenants are responsible for gas and electric, while the landlord pays water, and garbage. Exterior access to basement/cellar. All units are currently occupied, perfect for investors seeking a stable, income-producing property.

Multi-familyProperty Type

1907Year Built

3,920 sq ftLot Size

3 spacesParking

Listed by Edilane Gallagher • john greene, Realtor

Bought with Lorne Istre • RE/MAX Ultimate Professionals

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12495701

Redfin Estimate

$394,359

$14K since sold in December 2025$0 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 30.3% higher than the average sale price ($303K) of 5 comparable homes.

SOLD JUL 31, 2026
$269,900
A
5 beds2.5 baths3,000 sq ft
426 N Hickory St, Joliet, IL 60435
SOLD JUN 12, 2026
$395,000
B
4 beds4 baths— sq ft
316 Oneida St, Joliet, IL 60435
SOLD JUL 17, 2026
$300,000
C
4 beds3 baths— sq ft
516 Garnsey Ave, Joliet, IL 60432
SOLD APR 17, 2026
$308,000
D
4 beds2.5 baths1,756 sq ft
619 N Broadway St, Joliet, IL 60435
SOLD SEP 1, 2026
$240,000
E
4 beds1 bath2,100 sq ft
562 Liberty St, Joliet, IL 60432

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Earn from this home

Sell

$75,521

Est. take-home

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Refinance

Est. cash available

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Market trends in 60432, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.0%

1.5% MoM

Median sale price

$264K

$9K MoM

Avg. days on market

41d

9 days MoM

Recently sold homes

0 MoM

New listings for sale

$374,900
3 beds2 baths— sq ft
815 Pine Needle Ln, Joliet, IL 60432
$249,900
2 beds1 bath700 sq ft
506 Scribner St, Joliet, IL 60432
$249,900
4 beds2 baths2,576 sq ft
564 E Cass St, Joliet, IL 60432
$89,000
2 beds— baths700 sq ft
1102 Fairview Ave, Joliet, IL 60432
$449,900
3 beds3 baths1,800 sq ft
2800 Great Meadow Dr, Joliet, IL 60432
See all

Provided by Redfin

Sale history for 409 State St

Date

Event

Price

Public Records

Jan 6, 2026

Sold

$380,000

MRED as Distributed by MLS Grid #12495701

Dec 1, 2025

Sold (MLS) (Closed)

$380,000

Oct 21, 2025

Contingent (Contingent - No Showings)

—

Oct 14, 2025

Listed (Active)

$380,000

Public Records

Dec 19, 2022

Sold

$325,000

MRED as Distributed by MLS Grid #11644499

Nov 15, 2022

Sold (MLS) (Closed)

$325,000

Oct 11, 2022

Contingent (Contingent - Continue to Show)

—

Oct 4, 2022

Listed (Active)

$325,000

+19

4 unit rental building that is completely remodeled. Main floor has 3 bedroom/1 bath front apartment (vacant) and 1 bedroom/1 bath rear apartment. The 2nd floor is 2 bedroom/1 bath (front) and 1 bedroom/1bath (rear). In 2017 the owner updated electric, plumbing, roof, windows, and insulation. Each unit has its private water heater & furnace. The front first and second floor unit has a laundry room with a washer & dryer combo included. There are 4 meters for electric and gas. The landlord pays water/sewer/trash. Tenant responsible for gas and electric. Access to the basement (cellar) is from the outside only. The city inspection was just completed and is valid until September 2026. The main floor, front dimensions: Kitchen 10x8, Living room 14x10, bed#1 10x8, bed#2 11x10, bed#3, 11x8, utility room 8x6, bath 8x5.

MRED as Distributed by MLS Grid #09050578

Oct 16, 2015

Listing Removed

—

MRED as Distributed by MLS Grid #07440747

Jun 25, 2010

Listing Removed

—

MRED as Distributed by MLS Grid #07252645

Nov 20, 2009

Sold (MLS) (Closed Sale)

$37,500

Nov 2, 2009

Contingent

—

Oct 14, 2009

Price Changed (Price Change)

$47,950

Aug 21, 2009

Price Changed (Price Change)

$54,900

Jul 24, 2009

Price Changed (Price Change)

$75,000

Jun 23, 2009

Listed

$104,900

MRED as Distributed by MLS Grid #07222349

Jun 22, 2009

Listing Removed

—

Public Records

Jun 13, 2007

Sold

$225,000

MRED as Distributed by MLS Grid #06457049

Apr 24, 2007

Listing Removed

—

MRED as Distributed by MLS Grid #06388876

Mar 28, 2007

Listing Removed

—

MRED as Distributed by MLS Grid #06356648

Jan 6, 2007

Listing Removed

—

Public Records

Sep 11, 1998

Sold

$110,000

Public Records

Jun 7, 1994

Sold

$85,000

Year

Property tax

Land + Additions

Assessment*

2024

$5,963 (+5.7%)

$6,274 + $64,921

$71,195

2023

$5,643 (+6.8%)

$5,574 + $57,682

$63,256

2022

$5,284 (+5.2%)

$5,042 + $52,177

$57,219

2021

$5,022 (+5.4%)

$4,709 + $48,732

$53,441

2020

$4,765 (+5.1%)

$4,472 + $46,279

$50,751

2019

$4,532 (+4.4%)

$4,156 + $43,010

$47,166

2018

$4,343 (+6.1%)

$3,840 + $39,743

$43,583

2017

$4,093 (+132.2%)

$3,491 + $36,133

$39,624

2015

$1,763 (−54.1%)

$3,200 + $33,289

$36,489

2013

$3,838 (+1.0%)

$3,341 + $33,503

$36,844

2012

$3,800 (+2.7%)

$3,762 + $36,383

$40,145

2011

$3,702 (+0.4%)

$4,450 + $39,650

$44,100

2010

$3,689 (−23.4%)

$4,809 + $43,064

$47,873

2008

$4,813 (+3.7%)

$4,922 + $62,836

$67,758

2007

$4,642

$4,922 + $62,836

$67,758

Tax history for 409 State St

Year

Property tax

Land + Additions

Assessment*

2024

$5,963 (+5.7%)

$6,274 + $64,921

$71,195

2023

$5,643 (+6.8%)

$5,574 + $57,682

$63,256

2022

$5,284 (+5.2%)

$5,042 + $52,177

$57,219

2021

$5,022 (+5.4%)

$4,709 + $48,732

$53,441

2020

$4,765 (+5.1%)

$4,472 + $46,279

$50,751

2019

$4,532 (+4.4%)

$4,156 + $43,010

$47,166

2018

$4,343 (+6.1%)

$3,840 + $39,743

$43,583

2017

$4,093 (+132.2%)

$3,491 + $36,133

$39,624

2015

$1,763 (−54.1%)

$3,200 + $33,289

$36,489

2013

$3,838 (+1.0%)

$3,341 + $33,503

$36,844

2012

$3,800 (+2.7%)

$3,762 + $36,383

$40,145

2011

$3,702 (+0.4%)

$4,450 + $39,650

$44,100

2010

$3,689 (−23.4%)

$4,809 + $43,064

$47,873

2008

$4,813 (+3.7%)

$4,922 + $62,836

$67,758

2007

$4,642

$4,922 + $62,836

$67,758

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

33 ft.

Lot depth

148 ft.

Lot size

4,000 Sq. Ft.

Year renovated

—

Sq. Ft.

2,480

Year built

1907

Style

Other

County

Will County

APN

3007101310040000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 21, 2026.

R-4

Low Density Multi-Family Residential District

The R-4 zoning district is intended to provide for residential areas of medium density in order to ensure a more varied housing stock and to provide a buffer between areas of more intense use from areas of lower intensity.

Permitted uses

Include but are not limited to:

Agriculture
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units

Property details

Parking

Parking Information
# of Parking (Total): 3
Parking Features: Side Apron, Owned

Interior

Bathroom Information
# of Baths (Full): 4

Bedroom Information
# of Bedrooms: 7
# of Bedrooms Possible: 7

Additional Rooms Information
Basement: Cellar, Exterior Entry, Full

Interior Features
# of Rooms: 17

Exterior

Building Information
# Of Units in Building: 4
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Stone
Construction Materials: Vinyl Siding

Property Information
Property Type: Two to Four Units
Conversion (Y/N): N
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: Commuter Bus,Flood Zone
Parcel Number: 3007101310040000
Fencing: Fenced

Lot Information
Dimensions: 34 X 150
Lot Size: Less Than .25 Acre
Lot Size Source: County Records
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $5,963
Tax Year: 2024

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas

Location

Multi-Unit Information
3 Br Unit(s) In Bldg: Yes

Unit Type 1 Information
Floor Number: 1
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Range Hood
Security Deposit: 1500
Rent: $1,500
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Month

Unit Type 2 Information
Floor Number: 1
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Window Air Conditioner,Range Hood
Security Deposit: $850
Rent: $850
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Month

Unit Type 3 Information
Floor Number: 2
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Range Hood
Security Deposit: $750
Rent: $750
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Saturday, November 1, 2025

Unit Type 4 Information
Floor Number: 2
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Window Air Conditioner,Range Hood
Security Deposit: $800
Rent: $800
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Sunday, March 1, 2026

School Information
Elementary School District: 86
Elementary School: Sator Sanchez School
Middle Or Junior School District: 86
Middle Or Junior School: Gompers Junior High School
High School District: 204
High School: Joliet Central High School

Location Information
Township: Joliet
Corporate Limits: Joliet
Directions: IL-53 (Chicago St) to E Clinton, left on N Ottawa, right on State St

Public facts

Beds: 7
Baths: 3.0
Sq. Ft.: 2,480
Stories: 2.0
Lot Size: 4,000 square feet
Style: Other
Year Built: 1907
Year Renovated: —
County: Will County
APN: 3007101310040000

Home facts updated by county records on Sep 21, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No

Around this home

Schools

Sator Sanchez Elementary School

Public K-5 • Assigned • 0.9mi

3/10

Gompers Junior High School

Public 6-8 • Assigned • 1.7mi

4/10

Joliet Central High School

Public 9-12 • Assigned • 0.5mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 15 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Joliet, IL • 60432

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$375,000 – $454,000

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Nearby similar homes

$349,900

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407 N Center St, Joliet, IL 60435

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5 beds2 baths— sq ft

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4 beds4 baths— sq ft

408 Campbell St, Joliet, IL 60435

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2 beds2.5 baths1,480 sq ft

16216 W Switch Grass Rd, Lockport, IL 60441

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3 beds2 baths— sq ft

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$199,900

3 beds2 baths— sq ft

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New listings for sale in 60432

$374,900

3 beds2 baths— sq ft

815 Pine Needle Ln, Joliet, IL 60432

$249,900

2 beds1 bath700 sq ft

506 Scribner St, Joliet, IL 60432

$249,900

4 beds2 baths2,576 sq ft

564 E Cass St, Joliet, IL 60432

$89,000

2 beds— baths700 sq ft

1102 Fairview Ave, Joliet, IL 60432

$449,900

3 beds3 baths1,800 sq ft

2800 Great Meadow Dr, Joliet, IL 60432

Home values near 409 State St

Data from public records.

Address	Redfin Estimate
465 State Street, Joliet, IL 4 Beds \| 2 Baths \| 1196 Sq. Ft.	$184,468
501 State Street, Joliet, IL 6 Beds \| 3 Baths \| - Sq. Ft.	$157,304

Address	Redfin Estimate
411 State Street, Joliet, IL 5 Beds \| 2 Baths \| - Sq. Ft.	$151,254
216 Ohio Street, Joliet, IL 3 Beds \| 1 Baths \| 864 Sq. Ft.	$184,937

Address	Redfin Estimate
458 State Street, Joliet, IL - Beds \| - Baths \| 1440 Sq. Ft.	$176,447
212 Ohio Street, Joliet, IL 4 Beds \| 2 Baths \| - Sq. Ft.	$146,057

Property information provided by MRED as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60432, IL

Sale history for 409 State St

Tax history for 409 State St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60432

Home values near 409 State St

More real estate resources