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Collins Street Corner Assemblage Opportunity
For Sale
$1,174,000

1122 Collins St, Joliet, IL 60432

Prime 0.85-acre corner assemblage for redevelopment or investment.

Property SizeContact for details
Lot Size0.85 Acres
Days on Market197

Property Features for 1122 Collins St

General Information

Standard status Active
Lot size 0.85 Acres

Taxes and HOA fees

Annual Taxes $4,033
Listing Agency: Taylor Street Realty
Listed By: Joseph Diaz · License #471018580
Source: Exprealty
Added: Jan 26 Changed: Aug 8 Last Checked: Aug 8 at 6:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taylor Street Realty

Investment Insights

Based on property information with market context.

This 0.85-acre assemblage is located on the Collins Street corridor. The portfolio consists of five parcels at the corner of Collins Street and Woodruff, featuring nearly 200 feet of frontage, totaling 36,988 square feet. The assemblage includes one commercial building, two houses, and two lots. The properties are currently fully rented and generating income. The site offers multiple strategies, including holding, repositioning, or redeveloping into a QSR, retail, automotive, or mixed-use property. The high-visibility corner location is near the Old Joliet Prison redevelopment, Downtown Joliet, and I-80/I-55.

Key Highlights

  • Prime 0.85‑acre corner assemblage on Collins St Corridor.
  • Rare 5‑parcel portfolio with nearly 200' frontage.
  • Fully rented with income in place.

Property Analytics

Current Use

Alexis Construction Construction Company

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

1,422
Businesses Nearby
134k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 42%
McDonald's Dining
28,435 visits/mo 0.2 miles
Thorntons Shops & Services
19,756 visits/mo 0.2 miles
Dollar Tree Shops & Services
13,479 visits/mo 0.1 miles
Taqueria Los Comales Dining
10,894 visits/mo 0.3 miles
Exxon Shops & Services
8,003 visits/mo 0.4 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Prime 0.85-acre corner assemblage for redevelopment or investment.
Where is this mixed-use property located?
The property is located at 1122 Collins St Joliet, IL.
What is the asking price?
The asking price for this property is $1,174,000.
What are key features of this property?
This property features: Prime 0.85‑acre corner assemblage on Collins St Corridor.; Rare 5‑parcel portfolio with nearly 200' frontage.; Fully rented with income in place.
More about this property
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