1445 Essington Road, Joliet, IL 60435
Recently renovated medical suite with exam rooms and reception-ready interior for immediate patient-facing occupancy.
- Added:
- May 30, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 6 at 5:05 am
Property Features for 1445 Essington Road
General Information
- Standard status
- Active
- Size
- 11,050 SF
- Property subtype
- Retail, Office, Industrial
Listing agent Nicole Quattrocchi License #IL 471.014953
Listing office Pontarelli
Listing date May 30, 2026
Source Crexi
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 Pontarelli
HighLights
- 11,050 SF recently renovated medical office suite in a multi‑tenant building at 1445 Essington Rd
- 9 fully built‑out patient/exam rooms plus access to X‑ray room(s)
- Reception and waiting area with private offices and a conference room for organized patient visits
- Includes staff break room and kitchen, supporting day‑to‑day workflow
- Owner‑user option: use the full space and lease unused areas for additional income
- Suite is ready for immediate patient‑facing occupancy with minimal buildout required
Overview
Located at 1445 Essington Road in Joliet, the suite is positioned for convenient access for both patients and staff, with close proximity to major highways. The surrounding area is described as having strong residential density and continued growth, contributing to a stable base of local demand for healthcare and professional services.
For owner-users, the existing medical improvements can help reduce upfront buildout costs and support a streamlined transition into occupancy, with the option to use the full square footage for a single practice or business. For investors, the property is presented as a value-add situation with the ability to lease available space within a proven medical and professional office setting, while the flexibility of the layout supports a range of healthcare and related professional uses.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $265.2k | $24.00 |
| − Vacancy | −$42.4k | −$3.84 |
| EGI | $222.8k | $20.16 |
| − OpEx | −$55.7k | −$5.04 |
| NOI | $167.1k | $15.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Joliet
- County
- Will
- State
- Illinois
- Longitude
- -88.1623363
- Latitude
- 41.5497148
