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Built-Out Conventional Restaurant Space
For Lease
$13.35 SF/Yr

81 W Jefferson Street, Joliet, IL 60432

Restaurant-ready space with a full kitchen, dine-in area, liquor license, and shared parking near the Will County Courthouse.

Space SizeContact for details
Days on Market212

Property Features for 81 W Jefferson Street

General Information

Standard status Active
Zoning COMMR

Taxes and HOA fees

Annual Taxes $4,908

Building Details

Year Built 1910
Stories 2
Units 1
Listing Agency: Keller Williams Preferred Rlty
Listed By: Alexander Fenske · License #475128785
Source: Allinonerealestateco
Added: Jan 12 Changed: Aug 12 Last Checked: Aug 12 at 3:44AM

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 property offers 3,146 SF of space, including approximately 2,420 SF on the main level and approximately 726 SF of upstairs office and storage area, plus a full basement. The existing layout includes a dine-in area, two restrooms, a large commercial kitchen with hood and 3-compartment sink, and rear storage suitable for refrigeration and back-of-house functions. A liquor license is in place, and the property is zoned COMMR.

Located at 81 W Jefferson Street in downtown Joliet, the property sits directly across from the Will County Courthouse and within Joliet's City Center TIF district and the Des Plaines River Valley Enterprise Zone. Reported AADT is 11,110. Approximately 20 spaces in an adjacent parking lot are available for shared use with the neighboring liquor store, while Barrett's Lot, a city parking facility with 65 spaces, is adjacent.

Key Highlights

  • 3,146 SF property with approximately 2,420 SF main level and 726 SF upstairs office/storage area
  • Full basement, dine‑in area, 2 restrooms, and rear storage for refrigeration and back‑of‑house use
  • Large kitchen equipped with a hood and 3‑compartment sink

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Storage Facility Electrical Service Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type
$2.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,469
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 48% Dining 27% Shops & Services 24%
Harrah's Joliet Casino and Hotel Hotels & Casinos
22,835 visits/mo 0.3 miles
Wendy's Dining
11,386 visits/mo 0.5 miles
BMO Harris Bank Shops & Services
4,785 visits/mo 0.1 miles
Old National Bank Shops & Services
3,752 visits/mo 0.3 miles
Citgo Shops & Services
2,955 visits/mo 0.5 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant-ready space with a full kitchen, dine-in area, liquor license, and shared parking near the Will County Courthouse.
Where is this conventional restaurant located?
The property is located at 81 W Jefferson Street Joliet, IL.
What is the lease rate?
The lease rate is $13.35 SF/Yr.
What are key features of this property?
This property features: 3,146 SF property with approximately 2,420 SF main level and 726 SF upstairs office/storage area; Full basement, dine‑in area, 2 restrooms, and rear storage for refrigeration and back‑of‑house use; Large kitchen equipped with a hood and 3‑compartment sink
More about this property
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