Investment Properties for Sale in Joliet, IL

Joliet, IL offers strong investment potential with robust home price appreciation and steady rental demand. Median home values have risen 13.2% year-over-year, reaching around $300K, signaling solid capital growth[1]. Rental yields average 6-7% supported by a renter-occupied rate near 35%, ideal for cash flow investors. Cap rates hover at 7-8% amid growing industrial employment and infrastructure improvements. Proximity to Chicago enhances commuter appeal while keeping acquisition costs lower than urban centers. Low vacancy and balanced supply make Joliet a resilient market for long-term holds.