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    1610 S Chicago St Joliet, IL 60436

    For Sale
    $550,000

    Business - Joliet, IL

    Type:Business
    Property size:
    2,222 SF
    Days on Market:
    209
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1610 S Chicago St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    COMMR
    APN
    3007271000190000
    Size
    2,222 SF

    Building Details

    Year built
    1983
    Number of units
    1
    Roof type
    Composition
    Architectural style
    Other

    A & O DREAM KEY REAL ESTATE (847) 346-7332 [email protected]

    Listing agent Mayra Corona (847) 346-7332 License #475199441

    Listing date May 11, 2025

    MLS# 12362290 Listing URL

    Copyright © 2025 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

    Commercial Property Near I-80

    This commercial-zoned property, located just off I-80 and Route 53, offers high traffic visibility. The property is unincorporated, allowing for a variety of business uses, including retail, dealership, auto uses, cafe, office, and a 4-unit multifamily. The property sits on a combined 0.85 acre and features a newly remodeled office and lobby. It also includes ample parking and 2 garages with bay doors. The building has 2222 square feet of living area and is located in Joliet, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Korea Auto Group ... Used Car Dealer

    Suggested Use

    Law Firm Restaurant Dental Office Hair Salon Building Supply Gym & Fitness Pharmacy Accounting Firm Auto Repair Shop Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.0809067
    Latitude
    41.5038375

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    FAQs

    What type of property is this?
    Retail space - Commercial-zoned property near I-80 and Route 53 with high visibility.
    Where is this retail space located?
    The property is located at 1610 S Chicago St Joliet, IL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Prime location with high traffic visibility, just off I-80 and Route 53.; - Commercial zoning allows for a wide range of business uses.; - Property size of 0.85 acres.
    (847) 346-7332
    Request Owner's contact information
    1610 S Chicago St Joliet, IL 60436
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    Joliet, IL 60436
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1610 S Chicago St Joliet, IL 60436
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