Joliet, IL Multifamily Homes & Duplexes for Sale
About Joliet



Known as the “City of Stone,” Joliet’s limestone deposits and a budding steel manufacturing industry put the now suburban city on the map in its earlier years. Today, Joliet has grown to become the third-largest city in Illinois, with a population of 150,000 and the Des Plaines River flowing through its core. A series of bridges span the river, connecting the city's distrinct east and west sides. Historic attractions east of the river, including a redeveloping downtown district and the Rialto Square Theatre, contrast its western side's recently ...
Home Trends in Joliet, IL
On average, homes in Joliet, IL sell after 22 days on the market compared to the national average of 47 days. The average sale price for homes in Joliet, IL over the last 12 months is $283,764, up 6% from the average home sale price over the previous 12 months.
Home Trends
In Joliet, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $225,000 to $1,760,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Joliet is $284,900, while the average sale price is $283,764, offering insights into the local housing market. On average, multi-family homes spend 22 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Joliet, IL.