1523 Essington Road Joliet, IL 60435
New
- Added:
- Apr 11, 2026
- Days on Market:
- 1
- Last Refresh:
- Apr 11 at 7:06 pm
Property Features for 1523 Essington Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- 0506022150301012
- Size
- 11,842 SF
- Lot size
- 1.27 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 44888
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Carpet, Vinyl
- Building materials
- Brick, Stone
- Roof type
- Composition
Listing agent Valdy Biernacki License #3040396 (708) 974-1000
Listing office Realty Executives New Image 11230 Southwest Hwy, Palos Hills, IL (708) 974-1000
Listing date Apr 11, 2026
MLS# 12583596
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Joliet Office Complex For Sale
Located in Joliet, Illinois, this commercial property features approximately 11,842 square feet and comprises 8 office units or condos. The property is fully leased to four tenants, including three in the medical sector. Each tenant manages their own utilities and insurance. Originally designed for 8 units, the property was subdivided into only 4 tenants, presenting an opportunity to maximize income by reverting to the original layout if tenants choose to downsize. The property is fully leased with long-term agreements, guaranteeing immediate cash flow. All suites are currently leased, including to a major national corporation with a multi-year sub-rent agreement for virtual and in-person office spaces. The building is well-maintained and strategically configured to minimize operational costs while maximizing leasing efficiency. Situated in one of the fastest-growing markets in the southwest Chicago metro area, Joliet offers transportation access via I-80 and I-55, infrastructure, and a business ecosystem. The 1.2703-acre property is positioned to benefit from tenant stability and future appreciation. The owner is motivated to sell due to relocation, presenting an opportunity for 1031 exchange buyers and investors seeking returns.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Ways To Wellness MD
Physician
Location Insight
- Map
- Local Demand
- City
- Joliet
- County
- Will
- State
- Illinois
- Longitude
- -88.1621822
- Latitude
- 41.5502908
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Fully leased office complex with expansion potential in Joliet, Illinois.
Where is this office building located?
The property is located at 1523 Essington Road Joliet, IL.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Fully Leased with Long‑Term Tenants: Guarantees immediate and stable income.; Expansion Potential: Opportunity to revert to the original 8‑unit layout.; Strategic Location in Joliet: Benefits from a fast‑growing market.
