Built-Out Conventional Restaurant
For Lease
$3,500/Mo
81 W Jefferson St, Joliet, IL 60432
Restaurant-ready premises with a commercial kitchen, dining area, restrooms, shared parking, and an existing liquor license.
Space SizeContact for details
Days on Market34
Property Features for 81 W Jefferson St
General Information
Standard status
Active
Total Parking Spaces
20
Lease Type
Modified Gross
Space & Availability
Floor
Ground
Space Use
Restaurant
Sublease
No
Lease Terms
Lease Rate
$3,500 /USD/MO
Monthly Rent
$3,500
Restaurant
Commercial Hood
Yes
Liquor License
Yes
Additional Details
Traffic Count
11,110 vehicles/day
Building Details
Year Built
1910
Listing Agency:
Keller Williams Preferred Rlty
(708) 808-0220
Listed By:
Alexander Fenske · License #475128785
Source:
Liveliferealty
Added: Jul 27
Changed: Aug 28
Last Checked: Aug 28 at 3:37PM
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 conventional restaurant space at 81 W Jefferson Street is configured for dine-in and carry-out food service. The main level contains approximately 2,420 sq ft, with about 726 sq ft of upstairs office and storage space, plus a full basement. Improvements include a large kitchen with a hood and 3-compartment sink, two restrooms, a dedicated dining area, and rear storage suited to refrigeration and back-of-house functions. The building dates to 1910 and is zoned COMMR.
The property is positioned across from the Will County Courthouse in downtown Joliet, within the City Center TIF district and Des Plaines River Valley Enterprise Zone. An adjacent lot provides shared use of approximately 20 parking spaces, while Barrett's Lot, a city parking facility, adds 65 spaces nearby. Traffic is reported at 11,110 AADT. An MG lease structure is contemplated, and the liquor license is already in place.
The property is positioned across from the Will County Courthouse in downtown Joliet, within the City Center TIF district and Des Plaines River Valley Enterprise Zone. An adjacent lot provides shared use of approximately 20 parking spaces, while Barrett's Lot, a city parking facility, adds 65 spaces nearby. Traffic is reported at 11,110 AADT. An MG lease structure is contemplated, and the liquor license is already in place.
Key Highlights
- Approx. 2,420 sq ft main level, ~726 sq ft upstairs office/storage, and full basement
- Restaurant build‑out includes large kitchen, hood, 3‑compartment sink, dining area, and 2 restrooms
- Existing liquor license in place
Property Analytics
Property Profile
Current Use
Lease Details
11,110 VPD
Traffic count
Yes
Commercial hood
Yes
Liquor license
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,369
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 53%
Dining 27%
Shops & Services 20%
Harrah's Joliet Casino and Hotel
Hotels & Casinos
22,835 visits/mo
0.2 miles
Wendy's
Dining
11,386 visits/mo
0.3 miles
BMO Harris Bank
Shops & Services
4,785 visits/mo
0.2 miles
Old National Bank
Shops & Services
3,752 visits/mo
0.3 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant-ready premises with a commercial kitchen, dining area, restrooms, shared parking, and an existing liquor license.
Where is this conventional restaurant located?
The property is located at 81 W Jefferson St Joliet, IL.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Approx. 2,420 sq ft main level, ~726 sq ft upstairs office/storage, and full basement; Restaurant build‑out includes large kitchen, hood, 3‑compartment sink, dining area, and 2 restrooms; Existing liquor license in place
