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    Truck Repair Warehouse with Office Title is generated by Realmo AI

    2135 MAXIM DR, Joliet, IL 60436

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    Truck repair-ready warehouse with 18-foot clear height, a drive-in door, and a small office for operations.

    Type:Retail, Industrial
    Property size:
    1,800 SF
    Added:
    Jun 2, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 4:12 am

    Property Features for 2135 MAXIM DR

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Property subtype
    Retail, Industrial

    Building Details

    Year Built
    2004

    Spaces For Lease

    at 2135 MAXIM DR Contact us

    We can help!

    Listing Contact
    Vito Sruoga
    Vito Sruoga

    Listing agent Vito Sruoga License #471.004898

    Listing office RE/MAX Millennium

    Listing date Jun 2, 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 RE/MAX Millennium

    HighLights

    • Truck repair shop/warehouse built in 2004
    • 1,800 SF warehouse with 18' clear height
    • Includes 1 drive‑in door (14') for truck access
    • 300 SF office space plus bathroom
    • 4–5 parking spaces for bobtails
    • No on‑site trailer parking; trailer parking available nearby for an additional fee

    Overview

    This property is a truck repair shop configuration with an approximately 1,800 SF warehouse featuring 18' clear height. The space includes one drive-in door measuring 14', along with a 300 SF office area. A bathroom is provided for on-site use.

    The site offers parking suited for bobtails, with 4-5 parking spaces available on-site. The property notes no trailer parking on-site, while trailer parking is available nearby for an additional fee.

    For tenants seeking a functional setup for truck service operations, this warehouse-and-office layout supports daily work and administrative needs without requiring a larger office footprint. The drive-in door and clear height are well-aligned with typical service storage and movement requirements, while the parking arrangement is structured for bobtail vehicles and off-site trailer staging when needed.
    Location Intelligence

    Current Use by Public Records

    J&A Towing and Recovery Auto Repair Shop Midwest Wrap Inc. (Bike/Boat/Book/etc) Store E&E's Detailing & Ceramic ... Car Wash Diesel Monsters Repair Auto Repair Shop premier one auto ... Car Dealership

    Suggested Use

    Restaurant Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Hotel & Motel Gym & Fitness Center Auto Parts Store Department Store

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

    Similar Places Nearby

    • CubeSmart Self Storage — 2114 Oak Leaf St, Joliet, IL 60436
    • A Storage Place LLC — 2121 Maxim Dr, Joliet, IL 60436
    • MI-BOX Moving & Mobile Storage of Chicago — 511 Oak Leaf Ct, Joliet, IL 60436
    • Mobile Container Sales — 511 Oak Leaf Ct, Joliet, IL 60436

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.1345066
    Latitude
    41.5025963

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    FAQs

    What type of property is this?
    Warehouse - Truck repair-ready warehouse with 18-foot clear height, a drive-in door, and a small office for operations.
    Where is this warehouse located?
    The property is located at 2135 MAXIM DR Joliet, IL.
    What are key features of this property?
    This property features: Truck repair shop/warehouse built in 2004; 1,800 SF warehouse with 18' clear height; Includes 1 drive‑in door (14') for truck access
    (773) 983-4544 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Vito Sruoga
    Vito Sruoga
    Real Estate License ID: 471.004898
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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