Commercial: MLS #12533282 Joliet, IL $ 2,200,000
Commercial: MLS #12533282
$ 2,200,000
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Commercial: MLS #12533282

Joliet, IL, 60433
$ 2,200,000
Bedrooms-- Baths-- Sq 21,290

Monthly Estimate*

$ 13,546

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Commercial Property for sale in Joliet, IL

for $2,200,000. This 21,290 square foot building was built in 1978 on a lot size of 1.93.

Seize the opportunity to own a prime mixed-use office and warehouse property situated on a spacious 1.93-acre industrial zoned lot, near the Cherry Hill Business Park. The property includes a move in ready approximately 3,700 sq ft unit (easily expandable to almost 5,000 sq ft) that is currently vacant and ready for immediate occupancy, featuring two overhead doors (14'x12' and 10'x10'), an impressive 18' ceiling, and a gantry crane system with a 1-ton lifting capacity. A dedicated approximately 600 sq ft office space overlooks the warehouse/shop area, creating an efficient and functional workspace. The expansive yard area supports a wide range of industrial operations such as construction, landscape, vehicle repair or towing and the property is zoned I-1 (Industrial). Overall building features include a total of 12 units, with 10 currently leased, offering strong existing cash flow. Additional notable qualities include six overhead doors, one recessed loading dock, and ample on-site parking for tenants and visitors. Well maintained and strategically located just over one mile from I-80, the property provides excellent accessibility for transportation and logistics. With a mix of office and warehouse spaces, steady rental income, and room for future growth, this property presents a compelling opportunity for investors or owner-users seeking a versatile commercial asset. Don't miss the chance to capitalize on this income-producing property in Joliet's active commercial market.

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Commercial Pending

Price

$ 2,200,000

Property Type

Commercial

Taxes

$ 17,007

Style

Commercial,Industrial,Office

Lot Size

1.93

Year Built

1978

Town/City

Joliet

County/Region

Will

MLS | Web ID

12533282

Features
General
Sewer Septic Tank
Cooling Central Air Central Individual Office Only Partial
Possession Lease Back Required Tenant's Rights Lease Out Stand
Roof Metal
Zoning INDUS
Construction Materials Brick Steel Siding Block
Year Built 1978
Electric Circuit Breakers Separate Meters Three Phase Shared Meters 220 Volts
Tenant Pays Electricity Heat Varies by Tenant
Stories Count 2
Township New Lenox
Tax Year 2024
Current Use Commercial Industrial Office
Gross Income 217380
County Will
Net Operating Income 169457
Operating Expense 47922
Property Type Commercial Sale Industrial
Possible Use Commercial Industrial Office Retail
Status Pending
Directions I80 to Briggs St. South to New Lenox Rd East. to Burl Ct
City Joliet
Number Of Units Total 12
MLS Area Joliet
Lot Size Square Feet 84474
Tax Annual Amount 17007.28
Additional Parcels Y/N Y
Leasable Area 21290
Standard Status Pending
Cap Rate 7.7
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Interior
Flooring Concrete
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Exterior
Water Source Shared Well
Foundation Details Concrete Perimeter
Building Area Total 21290
Lot Dimensions 247X217X362X127X246
Lot Size Acres 1.93
Frontage Type City Street Township Road
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* Excluded Features
List By
Century 21 Kroll Realty

Broker

danielcondon89@gmail.com;closingwiththecondons@gmail.com

Email

Affordability Calculator

$14,963
Per Month
91%
9%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$1,417
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/28/2025$2,200,000 Listed Price

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