81 W Jefferson Street Joliet, IL 60432
- Added:
- Jan 12, 2026
- Days on Market:
- 79
- Last Refresh:
- Apr 1 at 6:06 am
Property Features for 81 W Jefferson Street
General Information
- Property type
- Commercial Lease
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- Size
- 3,146 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- TaxYear
- 2024
- TaxAnnualAmount
- 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 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
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.
Overview
Downtown Joliet Restaurant Opportunity
This commercial space in downtown Joliet presents a restaurant opportunity directly across from the Will County Courthouse. The property offers approximately 2,420 square feet on the main level, plus an additional 726 square feet of upstairs office or storage space, and a full basement. The space is built out for restaurant or food service use, featuring a dine-in area, two restrooms, a large kitchen equipped with a hood and a three-compartment sink, and a rear storage area suitable for refrigeration and back-of-house operations. The property is located in Joliet's City Center TIF district and within the Des Plaines River Valley Enterprise Zone. The location benefits from strong visibility, with an Average Annual Daily Traffic (AADT) count of 11,110. The property includes an adjacent parking lot with approximately 20 spaces for shared use with an adjacent liquor store, with the possibility of negotiating exclusive use or conversion to a beer garden. It is also adjacent to Barrett's Lot, a city parking area with 65 spaces. The monthly gross lease is $3,500, plus water, gas, and electric. The owner is offering two months of rent abatement and $37,000 in TIF funds to assist with buildout upon opening.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Turn key restaurants
Similar Places Nearby
- Premier Catering — 214 N Ottawa St, Joliet, IL 60432
- Casanovas Catering — 12 Garfield St, Joliet, IL 60435
Location Insight
- Map
- Local Demand
- City
- Joliet
- County
- Will
- State
- Illinois
- Longitude
- -88.0840676
- Latitude
- 41.5250388
Nearby Similar for Lease
FAQs
What type of property is this?
Restaurant - Restaurant space for lease in downtown Joliet near courthouse.
Where is this restaurant located?
The property is located at 81 W Jefferson Street Joliet, IL.
What are key features of this property?
This property features: Prime downtown Joliet location directly across from Will County Courthouse.; Existing liquor license and restaurant build‑out with ample dine‑in area, kitchen with hood and 3‑compartment sink.; TIF district location with $37,000 TIF incentive available for build‑out, plus 2 months rent abatement.
