1122 Collins St Joliet, IL 60432
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High-traffic corner, 0.85 acres, 5 properties
Property Features for 1122 Collins St
General Information
- Property type
- Automotive properties
- Class
- C
- Lot Size
- 3,485 SF
Building Details
- Buildings
- 1
- Stories
- 1
- Units
- 3
Listing Agency: Taylor Street Realty Listing Agent: Joseph Diaz
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional redevelopment opportunity encompasses a 0.85-acre portfolio of five properties situated on a high-traffic corner in Joliet, Illinois, near the Joliet Prison. The portfolio includes one commercial building, two residential houses, and two vacant lots, all situated on a combined 0.85 acres. The properties are currently 100% occupied, generating immediate cash flow, and could continue operating as is. The prime location at the intersection of Collins Street and Woodruff Road offers significant potential for various commercial ventures, such as a gas station, convenience store, or restaurant. The property's Class C designation and mixed-use zoning provide flexibility for a wide range of development plans. The asking price is $1,174,999. The legal description includes multiple pins: 30-07-03-400-006, 30-07-03-400-005, 30-07-03-400-022, and 30-07-03-400-004. The property consists of one building with three units spread across a single story. Full occupancy is expected to continue until November 2nd, 2024. This is an excellent investment opportunity for developers seeking a high-return project in a desirable location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Alexis Construction
Construction Company
Location Insight
- Map
- Local Demand
- City
- Joliet
- County
- Will
- State
- Illinois
- Longitude
- -88.0722786
- Latitude
- 41.5450346
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FAQs
What type of property is this?
Automotive property - High-traffic corner, 0.85 acres, 5 properties
Where is this automotive property located?
The property is located at 1122 Collins St Joliet, IL.
What is the asking price?
The asking price for this property is $1,174,999.
What are key features of this property?
This property features: 100% occupied, providing immediate cash flow.; High-traffic corner location ideal for retail uses such as gas station, convenience store, or restaurant.;