Commercial: MLS #12553116 Joliet, IL ^$ 325,000

Commercial: MLS #12553116

^$ 325,000

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Commercial: MLS #12553116

Name: address
Address: IL, 60432

Joliet, IL, 60432

^$ 325,000

Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

^$ 2,001

Commercial Property for sale in Joliet, IL

for $325,000. This 5,000 square foot building was built in 1950 on a lot size of 0.137741.

Versatile & Visible! Prime corner location with 5,000 sq. ft. of combined commercial and residential space. Zoned Commercial, this property allows for a wide range of business/residential uses. The property includes a 3-bedroom apartment that is currently leased, providing immediate rental income. One commercial unit offers flexible space ideal for multiple uses, including adding a second residential unit (subject to zoning approval). This corner location provides strong visibility and accessibility and includes four (4) garage spaces, adding valuable functionality for business operations. A unique opportunity for owner-users or investors seeking flexibility and income potential. Schedule your showing today.

Commercial Active

Price

^$ 325,000

Property Type

Commercial

Taxes

^$ 2,279

Style

Lot Size

0.137741

Year Built

1950

Town/City

Joliet

County/Region

Will

MLS | Web ID

12553116

Features

General

Cooling Central Air

Utilities Electric to Site Natural Gas Available

Possession Closing

Zoning COMMR

Construction Materials Brick

Year Built 1950

Electric Service - 101 to 200 Amps

Tenant Pays Electricity Heat Sewer

Stories Count 1

Township Joliet

Tax Year 2024

Gross Income 25200

County Will

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Possible Use Multi-Family

Status New

Directions Collins to Columbia then E to property

City Joliet

Number Of Units Total 2

MLS Area Joliet

Lot Size Square Feet 6000

Tax Annual Amount 2279

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Water Source Municipal Water

Building Area Total 5000

Lot Dimensions 30 X 125

Frontage Type City Street

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

jamielemmons@kw.com

Affordability Calculator

$2,191

Per Month

Monthly Principal & Interest: $2,001
Monthly Property Taxes: $190
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Joliet, IL

Average List Price ^$1,279,393

Percent of Sale Price 294%

About Joliet, IL

149,574 Population

37% Since 2002

^$61,297 Median Income

34.35 Median Age

39% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/31/2026	$325,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 2/2/2026.

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Commercial: MLS #12553116

Commercial Property for sale in Joliet, IL

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