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116 S Larkin Avenue Joliet, IL $ 2,099,000
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$ 2,099,000 Get more info
116 S Larkin Avenue
$ 2,099,000
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Share Save

116 S Larkin Avenue

Joliet, IL, 60436
$ 2,099,000
Bedrooms-- Baths-- Sq 5,809

Monthly Estimate*

$ 13,095

116 S Larkin Avenue, Joliet, IL 60436 - Image 1
116 S Larkin Avenue, Joliet, IL 60436 - Image 2
116 S Larkin Avenue, Joliet, IL 60436 - Image 3
116 S Larkin Avenue, Joliet, IL 60436 - Image 4
116 S Larkin Avenue, Joliet, IL 60436 - Image 5
116 S Larkin Avenue, Joliet, IL 60436 - Image 6
116 S Larkin Avenue, Joliet, IL 60436 - Image 7
116 S Larkin Avenue, Joliet, IL 60436 - Image 8

Commercial Property for sale in Joliet, IL

for $2,099,000. This 5,809 square foot building was built in 1978 on a lot size of 1.43999.

5,800 +/- sf building renovated a few years ago into a sit down restaurant with bar. Great location, just a half mile to the Larkin Ave./I-80 interchange. Large parking lot onsite with 51 spaces. Currently configured with a takeout window. A drive thru will likely be approved here. Multiple hotels in the area along with 3 casinos, including the new Hollywood Casino Joliet. Operate your own restaurant or re-purpose the property. TheB-3 zoning allows many uses!

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Commercial Active

Price

$ 2,099,000

Property Type

Commercial

Taxes

$ 9,213

Style

Commercial

Lot Size

1.43999

Year Built

1978

Town/City

Joliet

County/Region

Will

MLS | Web ID

12436037
Features
General
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Connected
Zoning COMMR
Year Built 1978
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories Count 1
Township Joliet
Property Subtype Restaurant
Tax Year 2024
Current Use Commercial
Gross Income 0
County Will
Net Operating Income 175000
Operating Expense 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions Rt. 52 (Jefferson St.) to Larkin. South to property.
City Joliet
MLS Area Joliet
Lot Size Square Feet 62726
Tax Annual Amount 9213
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Water Source Municipal Water
Building Area Total 5809
Lot Dimensions 165.5X220
Frontage Type City Street
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* Excluded Features
List By
@Properties Commercial

Broker

timr@atproperties.com

Email

Affordability Calculator

$13,863
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,095
Monthly Property Taxes
$768
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/25/2025$2,099,000 -12.51% Price Down
8/1/2025$2,399,000 Listed Price

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116 S Larkin Avenue, Joliet, IL, 60436 is a Commercial Property for sale at $2,099,000 with 5,809 sqft and a lot size of 1.43999. 116 S Larkin Avenue was built in 1978. The property's zip code is 60436 which is in Joliet, IL

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