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    300 Hammes Ave Joliet, IL 60435

    Sponsored
    For Sale
    $109,500

    Prime Joliet office, ideal for medical or business.

    Property size:
    1,213 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    Exceptional value in this 1,213 sq ft first-floor office condo situated in a 5,200 sq ft single-story brick building with a full basement. Conveniently located minutes from St. Joseph Medical Center and major highways I-55 and I-80. Previously used as a dental office, this versatile space features four exam rooms (adaptable as private offices), a waiting room (11x15), reception area (11x10) with file storage, an office (11x8), a dark room, lab, and a half-bath. Additional features include a 11x9 storage area with a sink, generous parking, a private exterior entrance from the rear parking lot, and easy access for those with mobility issues (doorways over 3.5 feet wide, hallway 4.8 feet wide). The full basement offers ample storage with both interior and exterior access. The building boasts a shared entry foyer with private unit entrances, and the monthly assessment (averaging just over $500 in 2024) covers snow removal, common area and exterior maintenance, building insurance, lawn care, utilities, and trash. This property presents a fantastic opportunity for owner-occupancy or as a rental investment. The 0.74-acre lot provides ample space. The building consists of four units, currently occupied by long-term owners.

    Property Features for 300 Hammes Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,213 SF
    Lot Size
    32,234 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Steven E. Marek, ... Dentist Andrew A Roechner Jr ... Dentist Larkin Clarence J ... Dentist Joliet Dental Center: ... Dentist Marconi Joseph M ... Dentist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.13166
    Latitude
    41.52784

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Joliet office, ideal for medical or business.
    Where is this office property / space located?
    The property is located at 300 Hammes Ave Joliet, IL.
    What is the asking price?
    The asking price for this property is $109,500.
    (815) 730-1900
    Request Owner's contact information
    300 Hammes Ave 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
    300 Hammes Ave Joliet, IL 60435
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