Search
Built-Out Restaurant Space
For Lease
Contact for pricing

81 W Jefferson Street, Joliet, IL 60432

Commercial Lease, Joliet, IL

Space Size3,146 SF
Lot Size0.07 Acres
Days on Market229

Property Features for 81 W Jefferson Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions From I-55, take Exit 253 (US-52/Jefferson St) and head east toward Downtown Joliet. Continue on Jefferson into downtown; the property is near the Will County Courthouse area by Jefferson St & Ottawa St
Subdivision Joliet
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4908

Utilities

Cooling system Central Air, Exhaust Fan (Cooling)

Building Details

Year built 1910
Floors in Building 2
Number of units 1
Flooring type Vinyl
Building materials Block
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Alexander Fenske · License #475128785
Added: Jan 12 Changed: Aug 20 Last Checked: Aug 29 at 8:06PM
MLS# 12541445

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.

Investment Insights

Based on property information with market context.

This conventional restaurant space includes approximately 2,420 square feet on the main level, about 726 square feet of upstairs office and storage area, and a full basement. The existing layout provides a dine-in area, two restrooms, a large kitchen with hood and 3-compartment sink, rear refrigeration and back-of-house storage, and a liquor license in place. Block construction, vinyl flooring, central air, and an exhaust fan support the existing food-service configuration. The building was constructed in 1910 and is zoned COMMR.

The property is located at 81 W Jefferson Street in Joliet, directly across from the Will County Courthouse and within the City Center TIF district and Des Plaines River Valley Enterprise Zone. Reported AADT is 11,110. Shared use of an adjacent parking lot with approximately 20 spaces is included, while Barrett's Lot, a city parking facility with 65 spaces, is adjacent. The lease structure is modified gross.

Key Highlights

  • Approximately 2,420 SF main level plus ~726 SF upstairs office/storage and a full basement
  • Restaurant layout includes dine‑in space, 2 restrooms, kitchen, and rear storage
  • Kitchen includes a hood and 3‑compartment sink

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Storage Facility Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11,110 VPD
Traffic count
Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,369
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 53% Dining 27% Shops & Services 20%
Harrah's Joliet Casino and Hotel Hotels & Casinos
22,835 visits/mo 0.2 miles
Wendy's Dining
11,386 visits/mo 0.3 miles
BMO Harris Bank Shops & Services
4,785 visits/mo 0.2 miles
Old National Bank Shops & Services
3,752 visits/mo 0.3 miles

Demographics for 60432, IL

19,989
Population
7,287
Households
2.7
Avg Household Size
33
Median Age
13%
College-Educated
65%
High-School Grad
8.5 sq mi
ZIP Area
2,352
Density / Sq Mi
$64,099
Median Household Income
$33,920
Median Earnings
$1,261
Median Rent
$185,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Food-service improvements include a commercial kitchen, dine-in area, and two restrooms.
Where is this conventional restaurant located?
The property is located at 81 W Jefferson Street Joliet, IL.
What are key features of this property?
This property features: Approximately 2,420 SF main level plus ~726 SF upstairs office/storage and a full basement; Restaurant layout includes dine‑in space, 2 restrooms, kitchen, and rear storage; Kitchen includes a hood and 3‑compartment sink
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message