Joliet, Illinois, located 40 miles south of Chicago, is currently the 2nd largest city in the state. Joliet is one of the oldest cities in Illinois; the downtown Joliet area has a large historic district with beautiful homes of various architectural styles built since early 1800s. New housing starts have averaged 1,400 a year. The Joliet real estate is comprised of variety of housing options from detached single family homes and multifamily dwellings to attached condominiums and townhouses. The Joliet single-family real estate market values range from $75,000 to over $1.5 million. Joliet condominiums and townhouses range from as low as $100,000 to over $300,000. With its population of over 150,000 residents, Joliet remains one of the fastest growing cities in Illinois and in the United States.
Joliet Real Estate consists of not only single-family homes, condos, and townhomes, but also multi-family, commercial, and vacant land for either commercial or residential development. The Joliet residential market has more than 50,000 homes with a median sale price between $200,000-225,000. Joliet commercial real estate varies in lot size and zoning, and is rapidly growing. As mentioned earlier, over 90% of gaming revenue is put back into the city through our neighborhood improvement program, economic development program and other programs like those. Joliet vacant land currently ranges in price from approximately $15,000 -100,000 for between .25 to .49 acres, to over $5 million for just over 10 acres. The Joliet real estate market offers a wide variety of housing and development opportunities.
Joliet is also a key transportation hub with easy access to I-80, I-55 and future extension of I-355 (scheduled for completion in November of 2007), Route 52, Route 53 and Route 59, as well as the convenience of Metra Rail and Amtrak service.
In addition to being a great place to live, Joliet is also a great place to play. Millions of people visit Joliet each year to check out the two casinos, NASCAR track and NHRA dragstrip. Casino gaming revenue has allowed the city to take on projects never before thought possible. Over 90% of gaming revenue is put back into the city through our neighborhood improvement program, economic development program and other programs like those. Joliet is also known for its beautiful baseball stadium, Water Park, library and museum. Joliet is the trendsetter when it comes to supporting local schools.
Established in 1922, the Joliet Park District provides a variety of activities for the whole family as well as owning and operating over 50 park sites. The Forest Preserve provides miles of interlinking trails that crisscross Will County and provide enjoyment to outdoor enthusiasts. These trails allow hikers, bicyclists, in-line skaters, joggers, equestrians, and cross-country skiers safe, scenic trials on which to exercise.