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    221 Springfield Ave, Unit 2 Joliet, IL 60435

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Joliet, IL

    Type:Retail
    Days on Market:
    19
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 221 Springfield Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1977
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Carpet
    Building materials
    Block

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Alexander Fenske (708) 808-0220

    Listing date Dec 19, 2025

    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

    Retail/Office Space Near Hospital

    This retail/office space is located directly across the street from St. Joseph Hospital, recently acquired by Prime Healthcare. The available space is approximately 1,200 square feet. The unit features new luxury vinyl plank flooring, an open layout with one private office, a private restroom, and a storage area in the rear. It also has access to a shared ADA bathroom in the building. The space is suitable for various uses, including medical billing, medical/dental office, physical therapy, professional services, coffee/ice cream shop, convenience store, florist, and fast food/restaurant. Other tenants in the building include a State Senator, beauty salon, day care, and martial arts studio. Ample parking is available with 21 common spaces in the front lot, plus overflow parking in the rear lot. Rent includes water, property tax, and all common area maintenance; the tenant is responsible for electric and gas. Note that the city does not allow vape/smoke/tobacco shops, liquor licenses, or event spaces; the maximum capacity is 47.
    Location Intelligence

    Current Use by Public Records

    Gladiador BJJ - Joliet Self Defense School Chad Kodiak Pharmacy Steven Quigley Pharmacy Kenneth Lang Pharmacy J'Nicole Designs Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.1380063
    Latitude
    41.525814

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    FAQs

    What type of property is this?
    Retail space - Versatile retail/office space near St. Joseph Hospital.
    Where is this retail space located?
    The property is located at 221 Springfield Ave, Unit 2 Joliet, IL.
    What are key features of this property?
    This property features: - Prime location directly across from St. Joseph Hospital (Prime Healthcare).; - Flexible space suitable for medical, retail, and professional services.; - Affordable rent at $1,650/month, includes water, property tax, and common area maintenance.
    (708) 808-0220
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    221 Springfield Ave, Unit 2 Joliet, IL 60435
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    Joliet, IL 60435
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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
    221 Springfield Ave, Unit 2 Joliet, IL 60435
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