Retail Strip Center with Anchor
New
For Sale
$650,000
114 N Larkin Ave, Joliet, IL 60435
Local retail tenancy includes a bicycle sales and repair operation within the center.
Property Size8,568 SF
Price / SF$75.86
Days on Market5
Property Features for 114 N Larkin Ave
General Information
Standard status
Active
Size
8,568 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1964
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Real Estate Group
Listed By:
Nicholas Ferro · License #471018453
(815) 553-2406
Source:
Bktchicago
Added: Sep 18
Changed: Sep 19
Last Checked: Sep 21 at 11:58AM
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 Coldwell Banker Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This retail strip center at 114 N Larkin Ave in Joliet includes a 4,000 SF bicycle sales and repair shop serving as an anchor space. The owner is willing to relocate that operation to accommodate a new user if necessary, providing flexibility within the existing tenant arrangement.
The property is positioned on Joliet’s west side with access to I-80 and I-55. Built in 1964, the center offers an established retail setting with local tenants and an existing anchor use.
The property is positioned on Joliet’s west side with access to I-80 and I-55. Built in 1964, the center offers an established retail setting with local tenants and an existing anchor use.
Key Highlights
- 4,000 SF bicycle sales and repair shop anchors the center
- Owner willing to relocate the anchor operation for a new user if necessary
- Located at 114 N Larkin Ave in Joliet, IL 60435
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,333
Businesses Nearby
331k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 29%
Groceries 25%
Electronics 2%
Tony's Fresh Market
Groceries
42,343 visits/mo
0.1 miles
Jewel-Osco
Groceries
40,966 visits/mo
0.4 miles
McDonald's
Dining
38,107 visits/mo
0.2 miles
Sam's Club Gas Station
Shops & Services
34,217 visits/mo
0.5 miles
White Castle
Dining
16,710 visits/mo
0.1 miles
Demographics for 60435, IL
48,927
Population
20,162
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
10.8 sq mi
ZIP Area
4,530
Density / Sq Mi
$74,967
Median Household Income
$41,201
Median Earnings
$1,145
Median Rent
$217,200
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Strip mall - Local retail tenancy includes a bicycle sales and repair operation within the center.
Where is this strip mall located?
The property is located at 114 N Larkin Ave Joliet, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4,000 SF bicycle sales and repair shop anchors the center; Owner willing to relocate the anchor operation for a new user if necessary; Located at 114 N Larkin Ave in Joliet, IL 60435
