514 Campbell Street
6 BEDROOM 2-UNIT WITH UPDATED MECHANICALS, NEW ROOF (2025), AND STRONG CASH FLOW POTENTIAL IN THE SOUGHT-AFTER CATHEDRAL AREA! Solid investment opportunity in Joliet featuring a spacious 2-unit layout with a 2 bed / 1 bath unit and a larger 4 bed / 1 bath unit, currently generating $2,800/month in total income including additional garage rent. Located in the sought-after Cathedral Area near downtown Joliet, this property offers convenient access to major highways including I-80 and Route 30, along with nearby shopping, dining, and local amenities. Major updates provide a strong foundation for long-term ownership, including updated electrical panels, multiple furnaces, separate water heaters, and a brand new roof in 2025. Unit 1 features central A/C, while Unit 2 is ready for A/C hook-up. Situated on a generous lot, the property includes two garages and additional off-alley parking. A full basement offers storage and potential to add value with future improvements such as shared laundry. The interior condition presents a value-add opportunity, allowing the next owner to update and increase rents over time. Ideal for investors looking to expand their portfolio or buyers seeking a house-hack opportunity.
- Wendy's 0.2 mi
- Home Cut Donuts 0.5 mi
- El Camaleon Bar and Grill 0.6 mi
- Sub Dock 0.6 mi
- Joliet Route 66 Diner 0.6 mi
- The Forge 0.6 mi
- Joliet Discount Zone 0.9 mi
- Joes Food Mart 1.1 mi
- S & T Food Mart 1.1 mi
- Jewel-Osco 1.1 mi
- Tiger Mart 1.2 mi
- BP Shop 1.2 mi
- Billie Limacher Bicentennial Park 0.3 mi
- Saint John the Baptist Park 0.4 mi
- Vernando Park 0.8 mi
- Cunningham Park 0.9 mi
- Legion Park 0.9 mi
- Osgood Park 0.9 mi
- Sought Out Grounds on 66 0.6 mi
- Jitters 0.7 mi
- Dunkin' 0.8 mi
- Dunkin' 1.0 mi
- Silver Spoon Restaurant 1.4 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12622378