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    551 Columbia St Joliet, IL 60432

    Picture of Warehouses at Columbia St 551, Joliet, IL
    For Sale
    $349,900

    Commercial Sale - Joliet, IL

    Property size:
    5,000 SF
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 551 Columbia St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    3007102060100000
    Size
    5,000 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Number of units
    2
    Architectural style
    Other

    Realtopia Real Estate, Inc. (708) 326-2955 [email protected]

    Listing agent Francesca Siegert (708) 326-2955 License #475192444

    Listing date Nov 25, 2025

    MLS# 12455313 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

    Corner Brick Building with Apartment

    This large corner brick building offers approximately 5,000 square feet of warehouse or garage space. It is equipped with heat, electricity, water, a bathroom, and an office. The property is suitable for multiple uses, including a mechanic shop, auto detailing, warehouse, heating and A/C services, carpentry, window repair, and manufacturing. Additionally, the property includes a 3-bedroom apartment, currently leased, offering potential for extra income. The property is located in Joliet, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Similar Places Nearby

    Dream Team Movers LLC

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.0688834
    Latitude
    41.5366192

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    FAQs

    What type of property is this?
    Warehouse - 5,000 SF warehouse with a 3-bedroom apartment.
    Where is this warehouse located?
    The property is located at 551 Columbia St Joliet, IL.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Large 5,000 sq ft warehouse/garage space suitable for various businesses.; - Includes a 3-bedroom apartment providing extra income potential.; - Equipped with essential utilities: heat, electricity, and water.
    (708) 326-2955
    Request Owner's contact information
    551 Columbia St Joliet, IL 60432
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    Joliet, IL 60432
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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
    551 Columbia St Joliet, IL 60432
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