Mixed-Use Property with 4
For Sale
$325,000
551 COLUMBIA Street, Joliet, IL 60432
Commercially zoned property combines an active business space with a leased three-bedroom apartment.
Property Size5,000 SF
Price / SF$65
Days on Market243
Property Features for 551 COLUMBIA Street
General Information
Standard status
Active
Size
5,000 SF
Total Parking Spaces
4
Property subtype
General Commercial
Zoning
Commercial
Units
Unit Mix
1 x 3BR
Multifamily Units
1
Office Units
1
Taxes and HOA fees
Annual Taxes
$2,279
Amenities
Central Air
3
30 X 125
Building Details
Year Built
1950
Building Size
5,000 SF
Listing Agency:
(847) 606-9045
Listed By:
Keller Williams Preferred Rlty
(847) 606-9045
Source:
Xome
Added: Jan 1
Changed: Aug 31
Last Checked: Aug 31 at 2:31PM
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 Preferred Rlty
Investment Insights
Based on property information with market context.
This mixed-use property contains 5,000 square feet of combined commercial and residential space. The layout includes one commercial unit and a three-bedroom apartment that is currently leased. Central air serves the property, which was built in 1950.
Commercial zoning supports business and residential uses, with any additional residential unit subject to zoning approval. Four garage spaces provide on-site functionality for operations, storage, or parking. The property occupies a corner location at 551 Columbia Street in Joliet, Illinois.
Commercial zoning supports business and residential uses, with any additional residential unit subject to zoning approval. Four garage spaces provide on-site functionality for operations, storage, or parking. The property occupies a corner location at 551 Columbia Street in Joliet, Illinois.
Key Highlights
- 5,000 square feet of combined commercial and residential space
- Three‑bedroom apartment is currently leased
- One commercial unit with potential for a second residential unit, subject to zoning approval
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
1
Residential units
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned property combines an active business space with a leased three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 551 COLUMBIA Street Joliet, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 5,000 square feet of combined commercial and residential space; Three‑bedroom apartment is currently leased; One commercial unit with potential for a second residential unit, subject to zoning approval
