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Retail Space with Central Air
For Lease
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1507 1/2 W Jefferson Street, Joliet, IL 60435

Commercial Lease, Joliet, IL

Space Size1,100 SF
Days on Market27

Property Features for 1507 1/2 W Jefferson Street

General Information

Property type Commercial Lease
Property subtype Retail
Directions Heading West on I-80, take the exit onto IL-7 N/S Larkin Ave. Turn right onto US-52 E/W Jeffeson St. Turn left, destination is on the right.
Subdivision Joliet
Standard status Active
APN 3007083120051006

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2786

Utilities

Cooling system Central Air

Building Details

Year built 1973
Floors in Building 1
Listing Agency: Keller Williams Premiere Properties · Keller Williams Realty
Listed By: Charles McCann · License #475158020
Added: Sep 9 Changed: Sep 10 Last Checked: Oct 5 at 2:06PM
MLS# 12750622

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Available for lease, this 1,100-square-foot retail unit provides a compact commercial footprint along Jefferson Street. Central air supports year-round interior comfort, and the building dates to 1973.

The property fronts U.S. Route 52, connecting the space with I-55 and I-80 for regional access. Downtown Joliet is minutes away, placing the unit near the county seat and a concentration of civic, employment, and entertainment activity in Will County.

Key Highlights

  • 1,100‑square‑foot retail unit available for lease
  • Frontage on Jefferson Street, identified as U.S. Route 52
  • Regional access to I‑55 and I‑80

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Gym & Fitness Center Big Box & Wholesale Store Storage Facility

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

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Joliet, IL

$16.88 /SF/Yr
Avg Asking Price
$9–$21.3 /SF/Yr
Price Range
3,142 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial unit on U.S. Route 52 with access to I-55 and I-80.
Where is this retail space located?
The property is located at 1507 1/2 W Jefferson Street Joliet, IL.
What are key features of this property?
This property features: 1,100‑square‑foot retail unit available for lease; Frontage on Jefferson Street, identified as U.S. Route 52; Regional access to I‑55 and I‑80
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