81 W Jefferson Street Joliet, IL 60432
COMMERCIAL - Joliet, IL
Property Features for 81 W Jefferson Street
General Information
- Property type
- Commercial Lease
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4908
Utilities
- Cooling system
- Exhaust Fan (Cooling), Central Air
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Block
Listing agent Alexander Fenske License #475128785 (708) 798-1111
Listing office Keller Williams Preferred Rlty 16101 108th Avenue, Orland Park, IL (708) 798-1111
Listing date Jan 12, 2026
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.
Located directly across from the Will County Courthouse, the property is positioned for strong downtown visibility. An adjacent parking lot is included for shared use with an adjacent liquor store, with approximately 20 spaces, and additional city parking nearby includes approximately 65 spaces in Barrett’s Lot.
The lease is a modified gross arrangement at $3,500 per month plus water, gas, and electric, with no tax or CAM charges. Rent abatement of 4 months is offered by the owner, and the terms at signing include 2 months’ rent and a $5,000 security deposit. The property sits in Joliet’s City Center TIF district and within the Des Plaines River Valley Enterprise Zone.
Key Highlights
- Downtown Joliet restaurant space directly across from the Will County Courthouse in the City Center TIF district.
- Built in 1910; approx. 2,420 sq ft on the main level plus ~726 sq ft upstairs office/storage and a full basement.
- Restaurant build‑out includes ample dine‑in area, 2 restrooms, and large kitchen with hood and 3‑compartment sink.
