Multi-Tenant Shopping
For Sale
$995,000
1507 1/2 W Jefferson St, Joliet, IL 60435
Neighborhood-oriented retail property with flexible suites and several existing service-based occupants.
Property Size10,300 SF
Price / SF$96.60
Days on Market11
Property Features for 1507 1/2 W Jefferson St
General Information
Standard status
Active
Size
10,300 SF
Property subtype
Commercial
Occupancy
57%
Net Operating Income
$54,144
Additional Details
Gross Income
$103,800
Building Details
Year Built
1973
Tenancy
Multi
Listing Agency:
Keller Williams Premiere Properties
Listed By:
CJ McCann
(630) 532-9392
Source:
Searchillinoishomesforsale
Added: Aug 29
Changed: Sep 7
Last Checked: Sep 8 at 8:53AM
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 Keller Williams Premiere Properties
Investment Insights
Based on property information with market context.
This 10,300-square-foot shopping center, built in 1973, is configured for multiple retail and service users. Approximately 5,900 square feet is occupied, while 4,400 square feet is available across three vacant spaces. Existing occupants include a church, tobacco and vape retailer, barber shop, and childcare operation, creating a varied tenant mix within the center.
The property is located at 1507 1/2 W Jefferson St in Joliet, Illinois. Current occupancy is approximately 57%, providing a combination of operating tenancy and available suite area within a manageable neighborhood retail footprint.
The property is located at 1507 1/2 W Jefferson St in Joliet, Illinois. Current occupancy is approximately 57%, providing a combination of operating tenancy and available suite area within a manageable neighborhood retail footprint.
Key Highlights
- 10,300‑square‑foot multi‑tenant shopping center
- Approximately 57% occupied, with 5,900 square feet in use
- 4,400 square feet available across three vacant spaces
Property Analytics
Current Use
Lease Details
57%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
255k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Groceries 33%
Shops & Services 21%
Electronics 3%
Tony's Fresh Market
Groceries
42,343 visits/mo
0.4 miles
Jewel-Osco
Groceries
40,966 visits/mo
0.1 miles
McDonald's
Dining
38,107 visits/mo
0.1 miles
White Castle
Dining
16,710 visits/mo
0.4 miles
Speedway
Shops & Services
15,942 visits/mo
0.3 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Jefferson Center — 1601 W Jefferson St, Joliet, IL 60435
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- Jefferson Plaza Shopping Center — 1005 W Jefferson St, Joliet, IL 60435
Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood-oriented retail property with flexible suites and several existing service-based occupants.
Where is this shopping center located?
The property is located at 1507 1/2 W Jefferson St Joliet, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 10,300‑square‑foot multi‑tenant shopping center; Approximately 57% occupied, with 5,900 square feet in use; 4,400 square feet available across three vacant spaces
