903 N 129th Infantry Drive Joliet, IL $ 3,650,000
903 N 129th Infantry Drive
$ 3,650,000
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903 N 129th Infantry Drive

Joliet, IL, 60435
$ 3,650,000
Bedrooms-- Baths-- Sq 20,400
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Property for Rent in Joliet, IL

for $3,650,000. This 20,400 square foot property was built in 2005 on a lot size of 2.23.

SUPERBLY MAINTAINED AND FULLY LEASED TO MEDICAL AND DENTAL RELATED PRACTICES. LOCATED JUST MINUTES FROM ASCENSION ST. JOSEPH HOSPITAL, ACROSS THE STREET FROM AMSURG SURGERY CENTER, AND WITHIN TWO MILES OF NUMEROUS MEDICAL RELATED BUILDINGS. SITUATED ON APPROX. 2.23 ACRES AND OFFERING 140+/- PARKING SPACES. SEPARATE EMPLOYEE ENTRANCES TO ALL SIX UNITS PLUS THREE COMMON ENTRANCES (THE MAIN ENTRY HAVING AUTOMATIC DOORS). PARTIAL BASEMENT FOR PRIVATE STORAGE FOR ALL UNITS, WET/DRY FIRE SPRINKLER SYSTEMS, ALARM SYSTEM FOR EACH UNIT AND FOR COMMON AREAS. EACH UNIT HAS PRIVATE RESTROOMS PLUS A COMMON HALLWAY RESTROOM FOR MALE AND FEMALE PATIENTS. SEPARATE HFAC SYSTEMS, HOT WATER HEATERS FOR EACH UNIT AND ALL SEPARATE UTILITIES. GENERATOR FOR COMMON AREAS, COMMON FURNACE, SUMP PUMP, ALARM SYSTEM AND EJECTOR SYSTEM. THIS BUILDING HAS BEEN SUPERBLY MAINTAINED AND IS A FANTASTIC INVESTMENT PROPERTY WITH SOLID TENANTS (3 UNITS BEING OCCUPIED BY CURRENT OWNERS).

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Rental Active

Price

$ 3,650,000

Taxes

$ 86,568

Style

Office,Medical/Dental

Lot Size

2.23

Year Built

2005

Town/City

Joliet

County/Region

Will

MLS | Web ID

12279372

Features
General
Cooling Central Individual
Utilities Electricity Available Natural Gas Available Sewer Connected Water Available
Possession Tenant's Rights
Roof Composition
Zoning OFFIC
Construction Materials Brick Stone Wood
Year Built 2005
Electric Circuit Breakers Service - 201 to 600 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Sewer Varies by Tenant
Stories Count 1
Township Troy
Tax Year 2024
Current Use Office Medical/Dental
Gross Income 382401
County Will
Net Operating Income 200638
Operating Expense 181763
Property Type Commercial Sale Office/Tech
Possible Use Office
Status Active
Directions 129th INFANTRY DR. NORTH OF BLACK RD. - WEST SIDE OF STREET
City Joliet
Number Of Units Total 6
MLS Area Joliet
Lot Size Square Feet 97188
Tax Annual Amount 86568
Additional Parcels Y/N Y
Leasable Area 0
Virtual Tour https://youtu.be/BkU8wrk67gE
Lease Type N/A
Standard Status Active
Cap Rate 5.5
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Interior
Flooring Carpet Tile Varies Vinyl
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 20400
Lot Dimensions 273X356
Lot Size Acres 2.23
Frontage Type City Street
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* Excluded Features
List By
Karges Realty

Broker

jim@jimkarges.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2025$3,650,000 -2.67% Price Down
1/30/2025$3,750,000 Listed Price

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903 N 129th Infantry Drive, Joliet, IL, 60435 is a Property for Rent at $3,650,000 with 20,400 sqft and a lot size of 2.23. 903 N 129th Infantry Drive was built in 2005. The property's zip code is 60435 which is in Joliet, IL