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Downtown Joliet High-Profile Location
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16-18 West Van Buren Street, Joliet, IL 60432

Rare opportunity in Joliet's vibrant downtown business district.

Property Size18,000 SF
Price / SF$127.78
Days on Market102

Property Features for 16-18 West Van Buren Street

General Information

Standard status Active
Size 18,000 SF
Class B
Property subtype Office
Zoning B-2, Enterprise Zone
Investment Type Owner/User

Building Details

Year Built 1908
Year Renovated 2014
Buildings 1
Stories 3
Listing Agency: Suburban Real Estate Services
Listed By: Nick Weis · License #IL 471003287
Source: Crexi
Added: May 19 Changed: Aug 16 Last Checked: Aug 25 at 8:14PM

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 Suburban Real Estate Services

Investment Insights

Based on property information with market context.

This property is located in the heart of Joliet's downtown business district, across from the Rialto Square Theater. The location benefits from foot traffic generated by year-round performances and events. It is situated a six-minute walk from Duly Health & Care Field (home of the Joliet Slammers), one block from Metra, and three blocks from the new 11-story Will County Courthouse, offering accessibility to civic and transportation hubs. Immediate access to Routes 30 and 53 and proximity to I-80 provide regional connectivity. Joliet City Square, directly across from the building, features a plaza-style park and performance space that increases pedestrian activity. The property is positioned for continued residential, retail, and office growth and revitalization due to major changes coming through the Equitable Transit-Oriented Development Plan and Joliet Comprehensive Plan. This 18000 square foot property presents an opportunity for users seeking downtown exposure.

Key Highlights

  • High‑profile downtown location across from Rialto Square Theater offering built‑in foot traffic.
  • Exceptional accessibility: Located one block from Metra, with immediate access to Routes 30/53, and one mile to I‑80.
  • Positioned for growth due to Equitable Transit‑Oriented Development Plan and Joliet Comprehensive Plan.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

1,517
Businesses Nearby

Demographics for 60432, IL

19,989
Population
7,287
Households
2.7
Avg Household Size
33
Median Age
13%
College-Educated
65%
High-School Grad
8.5 sq mi
ZIP Area
2,352
Density / Sq Mi
$64,099
Median Household Income
$33,920
Median Earnings
$1,261
Median Rent
$185,100
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Rare opportunity in Joliet's vibrant downtown business district.
Where is this office building located?
The property is located at 16-18 West Van Buren Street Joliet, IL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: High‑profile downtown location across from Rialto Square Theater offering built‑in foot traffic.; Exceptional accessibility: Located one block from Metra, with immediate access to Routes 30/53, and one mile to I‑80.; Positioned for growth due to Equitable Transit‑Oriented Development Plan and Joliet Comprehensive Plan.
More about this property
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