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114 N Larkin Avenue Joliet, IL $ 650,000
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$ 650,000 Get more info
114 N Larkin Avenue
$ 650,000
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114 N Larkin Avenue

Joliet, IL, 60435
$ 650,000
Bedrooms-- Baths-- Sq 8,568

Monthly Estimate*

$ 4,002

114 N Larkin Avenue, Joliet, IL 60435 - Image 1
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114 N Larkin Avenue, Joliet, IL 60435 - Image 7
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114 N Larkin Avenue, Joliet, IL 60435 - Image 9
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114 N Larkin Avenue, Joliet, IL 60435 - Image 12

Commercial Property for sale in Joliet, IL

for $650,000. This 8,568 square foot building was built in 1964 on a lot size of 0.589991.

This 8,200 SF retail strip center presents a high-visibility investment opportunity on Joliet's bustling west side. The center features a stable mix of local tenants, anchored by a 4,000 SF bicycle sales and repair shop. This anchor space offers unique flexibility: the owner is willing to relocate to accommodate a new user if necessary. With its prime position near major retailers like, and easy access to I-80/I-55, this property is perfectly situated for long-term growth and immediate cash flow.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 16,752

Style

Retail

Lot Size

0.589991

Year Built

1964

Town/City

Joliet

County/Region

Will

MLS | Web ID

12607065
Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Available Sewer Connected
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1964
Electric Circuit Breakers Separate Meters
Tenant Pays Varies by Tenant
Stories Count 1
Township Joliet
Tax Year 2024
Current Use Commercial
Gross Income 75000
Business Type Retail
Assoc Fee Paid Per Not Applicable
County Will
Net Operating Income 75000
Operating Expense 39266
Property Type Commercial Sale Retail/Stores
Status Active
Directions Rte 7/Larkin Ave to Oneida St
City Joliet
Number Of Units Total 4
MLS Area Joliet
Lot Size Square Feet 25700
Tax Annual Amount 16752
Additional Parcels Y/N N
Leasable Area 8200
Standard Status Active
Cap Rate 5.5
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Exterior
Water Source Municipal Water
Building Area Total 8568
Lot Dimensions 185x156
Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Commercial Real Estate Group

Broker

nferro@ferroinvestments.com; nferro@cbcregroup.com

Email

Affordability Calculator

$5,398
Per Month
74%
26%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$1,396
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
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Pricing History
DatePricePrice ChangeDescription
4/6/2026$650,000 Listed Price

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114 N Larkin Avenue, Joliet, IL, 60435 is a Commercial Property for sale at $650,000 with 8,568 sqft and a lot size of 0.589991. 114 N Larkin Avenue was built in 1964. The property's zip code is 60435 which is in Joliet, IL

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