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Joliet, IL Properties

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Find, analyze, and compare Joliet, IL investment properties, including off-market opportunities and residential homes with value-add potential. Joliet offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Illinois. Explore housing market trends in Joliet, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Joliet, IL for your real estate goals.

In Joliet, the median property value currently stands at $198,835. The housing market includes a total of 46,502 houses.The median home in Joliet has 1,494 square feet of living space, priced at a median of $136 per square foot with a median year built of 1960. For long-term rental properties in Joliet, the median annual gross rental income is $37,200 (or $3,100/month) with estimated operating expenses of $13,096, resulting in an approximate gross cap rate of 10.07%.

Property Intel by Whitepages helps investors and homeowners explore the Joliet area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Joliet, IL.

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ILJoliet

Housing Market Trends & Statistics for Joliet, Illinois

Median Property Value
$198,835
Total number of Properties
46,502
Median Living Space
1,494 sq ft
Median Year Built
1960 (65 years)
5-Year Appreciation Forecast
—
Median Lot Size
8,410 sq ft
Average Ownership
1 year 2 months
for Joliet, IL
  • Est. Rental Income
    $37,200 ($3,100 per month)
  • Net Operating Income
    $24,104 ($2,009 per month)
  • Cap Rate
    10.07%

Find Investment Properties in Joliet

Nearby Cities

  1. Crest Hill Investment Properties
  2. Shorewood Investment Properties
  3. Lockport Investment Properties
  4. Plainfield Investment Properties
  5. Romeoville Investment Properties
  6. Elwood Investment Properties
  7. New Lenox Investment Properties
  8. Channahon Investment Properties
  9. Minooka Investment Properties
  10. Manhattan Investment Properties

Nearby Neighborhoods

  1. Cathedral Area in Joliet, IL
  2. Reedwood in Joliet, IL
  3. Carillon Lakes in Crest Hill, IL
  4. Wesmere in Plainfield, IL
  5. Lakewood Falls in Romeoville, IL
  6. Lakewood Falls in Plainfield, IL
  7. Carillon in Plainfield, IL
  8. Hampton Park in Romeoville, IL
  9. Grande Park in Plainfield, IL
  10. Augusta Village in Bolingbrook, IL

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