This prime Joliet, IL retail property, located at 2004 W Jefferson St, 60435, offers 170,928 square feet of Class B space in a multi-tenant building. Seven spaces are currently available, ranging from 503 to 20,000 contiguous square feet, with a total of 31,364 square feet currently vacant. The property boasts high visibility with nearly 1000 feet of frontage on Jefferson Street and ample parking (3.67 spaces per unit). Renovated in 2018, this center benefits from strong demographics, including a median age of 38.30 and a population of 401,349 within a 5-mile radius. The property is zoned C and has a tax cost of $1.40 per square foot. Successful existing tenants include Posh Salon Suites, Joliet Bank & Trust, Rent-a-center, Golden Carrol, Dollar Tree, Sidelines Sports Bar, Clair Beauty Mart, Popus G Popcorn, and Basinger's Pharmacy. The area also features numerous national retailers such as Sam's Club, Walgreens, Walmart, Autozone, Pep Boys, Chipotle, Aldi, Al's Steakhouse, Supercuts, Super China Buffet, Popeye's Chicken, Arby's, and O'Reilly Auto Parts. This is an exceptional opportunity for businesses seeking a high-traffic location in a thriving commercial area.
Property Features for 2004 Jefferson St
General Information
Property type
Retail properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
170,928 SF
Class
B
Total Rate
199416
Building Details
Year Renovated
2018
Unit(s) available at that property
Space
Available Space 2130
Size
7,425 SF
Rate per SF
$16
Space
Suite 2110A W. Jefferson St.
Size
673 SF
Rate per SF
$18
Space
Suite 2110 W Jefferson St.
Size
2,051 SF
Rate per SF
$14
Space
Suite 2114 W. Jefferson St.
Size
503 SF
Rate per SF
$18
Space
Suite 2126 W. Jefferson St
Size
2,942 SF
Rate per SF
$14
Space
Suite 2116 W. Jefferson St
Size
1,298 SF
Rate per SF
$14
Space
Suite 2018
Size
3,897 SF
Rate per SF
$18
HighLights
170,928 SF Class B retail space in a multi‑tenant building at 2004 W Jefferson St, Joliet, IL 60435.
Nearly 1,000 feet of frontage on Jefferson Street.
Minutes from I‑80 and I‑55.
Ample parking (3.67 spaces per unit).
Strong demographics: 401,349 residents within a 5‑mile radius, median age 38.30.
High‑traffic location in a strong retail corridor with 29,000+ ADT.
Retail property - Joliet, IL retail space available.
Where is this retail property located?
The property is located at 2004 Jefferson St Joliet, IL.
What is the lease rate?
The lease rate is $14-$18 SF/Yr.
What are key features of this property?
This property features: 170,928 SF Class B retail space in a multi-tenant building at 2004 W Jefferson St, Joliet, IL 60435.; Nearly 1,000 feet of frontage on Jefferson Street.; Minutes from I-80 and I-55.
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2004 Jefferson St Joliet, IL 60435
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Realmo Value Estimation
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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.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
2004 Jefferson St Joliet, IL 60435
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2004 Jefferson St, Joliet, IL
Brad Belden
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2004 Jefferson St, Joliet, IL
Brad Belden
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2004 Jefferson St, Joliet, IL
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2004 Jefferson St, Joliet, IL
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2004 Jefferson St, Joliet, IL
Brad Belden
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