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    121 Collins St Joliet, IL 60432

    Sponsored
    For Lease
    Contact for pricing

    Prime Joliet location, 1,200 sq ft available.

    Lot size:
    8,464 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail and office space, located at 121-131 Collins St in the heart of downtown Joliet, Illinois, presents a unique investment opportunity. The property, situated on a 0.58-acre lot, offers a total of 8,464 square feet of space, with 1,200 square feet currently available for lease. The building is classified as both retail and executive office space, making it suitable for a variety of businesses. The multiple tenancy structure allows for flexibility and potential for synergistic partnerships. The property's prime downtown Joliet location provides excellent visibility and accessibility, benefiting from high foot traffic and convenient access to major transportation routes. The address is 121-131 Collins St, Joliet, IL 60432, within Will County. This is an ideal opportunity for businesses seeking a well-located, versatile space in a thriving Illinois community. The available 1,200 square feet offers ample room for expansion or a comfortable workspace. The property's size and location make it an attractive option for businesses looking to establish a strong presence in the Joliet market. Contact us today to learn more about this exciting leasing opportunity.

    Property Features for 121 Collins St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,464 SF

    Unit(s) available at that property

    Space
    121 - 131 Collins St
    Size
    1,200 SF

    HighLights

    • Strong co‑tenancy with Subway, Archi Beauty Salon, and Rise Up For Autism.
    • High‑traffic location at the intersection of Cass Street (US Hwy 30) and Collins Street (US Hwy 6) in downtown Joliet.
    • Adjacent to a Walgreens drugstore.
    • Monument signage opportunity available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Subway Sandwich Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.0731472
    Latitude
    41.526836

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Joliet location, 1,200 sq ft available.
    Where is this office property / space located?
    The property is located at 121 Collins St Joliet, IL.
    What are key features of this property?
    This property features: Strong co-tenancy with Subway, Archi Beauty Salon, and Rise Up For Autism.; High-traffic location at the intersection of Cass Street (US Hwy 30) and Collins Street (US Hwy 6) in downtown Joliet.; Adjacent to a Walgreens drugstore.
    Request Owner's contact information
    121 Collins St Joliet, IL 60432
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    Joliet, IL 60432
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    121 Collins St Joliet, IL 60432
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