Basic Information
- MLS # 12403565
- Type Townhouse
- Status Active Under Contract
- Subdivision/Complex JolietJoliet
- Year Built 1950
- Date Listed 06/25/2025
- Days on Market 130
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.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
Interior Features
- Adjusted Sqft N/ASq.Ft
- Cooling Description Central Air
- Sqft N/A Sq.Ft
Property Features
- Furnished Info No
- Short Sale Regular Sale
- Subdivision Complex 900-934 & 825-835 North Prairie & North Raynor
- Subdivision Info JolietJoliet
- Tax Amount $57,663
- Tax Year 2023
- Type of Property Multi Family 5+
900-934 & 825-835 North Prairie & North Raynor Ave
Joliet, IL 60435Similar Properties For Sale
The multiple listing information is provided by the MIDWEST REAL ESTATE DATA LLC (MRED)® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present MIDWEST REAL ESTATE DATA LLC (MRED)®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of:
Real Estate IDX Powered by: TREMGROUP


