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    1866 West Jefferson St Joliet, IL 60436

    For Sale
    $1,995,000

    Recently renovated 3,339 SF building with drive-thru and patio.

    Property size:
    3,339 SF

    Property Features for 1866 West Jefferson St

    General Information

    Size
    3,339 SF

    Source: Spero Adamis Agent Spero Adamis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Joliet Restaurant/Retail Opportunity For Sale

    Located in a major retail and restaurant corridor in Joliet, this recently renovated 3,339 SF building is suitable for a restaurant concept or retail redevelopment. The property features an indoor dining room, a spacious outdoor patio, and a drive-thru. It is equipped with new, state-of-the-art equipment, a high-end grease drainage system, and a soda system. Durock walls throughout the building provide durability. The property includes six entertainment gambling systems. The location is minutes away from Hollywood Casino and benefits from high traffic and ample parking. The property is positioned to attract a diverse customer base, making it suitable for restaurant and retail ventures.
    Location Intelligence

    Current Use by Public Records

    Pop's Italian Beef ... Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Everything DELICIOUS catering, Niko's Catering

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.1271379
    Latitude
    41.5222638

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    FAQs

    What type of property is this?
    Restaurant - Recently renovated 3,339 SF building with drive-thru and patio.
    Where is this restaurant located?
    The property is located at 1866 West Jefferson St Joliet, IL.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Prime location in a major retail and restaurant corridor in Joliet, near Hollywood Casino, with high traffic count and ample parking.; - Recently renovated 3,339 SF building suitable for restaurant or retail redevelopment.; - Includes all FF&E (furniture, fixtures, and equipment).
    (312) 446-3173
    Request Owner's contact information
    1866 West Jefferson St Joliet, IL 60436
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    Joliet, IL 60436
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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
    1866 West Jefferson St Joliet, IL 60436
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