USAILJoliet509 Kungs Way
509 Kungs Way | Image 1
509 Kungs Way | Image 2
509 Kungs Way | Image 3

$615,000

Sold

2 months ago

509 Kungs Way, Joliet, IL

House

MLS® 12562184

Buyer represented by Timothy Mahoney of City Pro Realty

7 Bed

4 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $11,260
Lot Size 
Approx. Age 1964
MLS® Number 12562184

Property Address: 509 Kungs Way, Joliet, IL, 60435-5396

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 4-Unit Investment Opportunity in Prime Joliet Location! Welcome to 509 Kungs Way - a well-maintained brick 4-unit offering a strong rent roll and updated interiors. The property features three 2-bed/1-bath units and one 1-bed/1-bath unit, with modern finishes and reliable tenants. Current gross income of $71, 400 annually, with additional coin laundry income and room for future rent growth. Owner responsible for gas and water; tenants responsible for electric. Major capital improvements include a newer roof (2015) and boiler system in solid condition. Ideal for both seasoned investors and first-time buyers looking to start or expand a portfolio. Live in one unit and let the other three pay your mortgage while building long-term equity. Located in a quiet, desirable pocket of Joliet with easy access to I-55, I-80, downtown amenities, and major developments like the Rock Run Collection and new Hollywood Casino project.
MLS® Number12562184
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1964
BasementOther, Partial
DrivewayOff Street, Parking Lot, Yes
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Feb 9, 2026End Date
$615,000Sold Price

Sold

Feb 5, 2026List Date
$615,000List Price
  • Commute

Commute

Starting Address
Destination Address
509 Kungs Way, Joliet, IL

Curious about your home's value?

Similar Listings

Comparable Properties

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany CareersHome Guides
eXp LifeZoocasaSUCCESS®SUCCESS® LendingeXp RevenoseXp CommercialeXp LuxuryeXp Land and RanchAccessibility
Terms and ConditionsPrivacy Rights RequestPrivacy PolicyCookie PolicyBrand GuidelinesHelpSitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

© 2024 eXp Realty. eXp World Holdings, Inc. All Rights Reserved.

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker

© 2026 eXp Realty. eXp World Holdings, Inc. All Rights Reserved