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Joliet Industrial Space Available
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1220 Richards St Joliet IL, Joliet, IL 60433

8,000 SF industrial space with outdoor area for lease.

Space Size3,300 SF
Property Size8,000 SF
Lot Size3.58 Acres
Days on Market673

Property Features for 1220 Richards St Joliet IL

General Information

Standard status Active
Size 3,300 SF
Lot size 3.58 Acres
Property subtype Retail, Industrial, Restaurant
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 1220 Richards St Joliet IL Contact us

Available Space $16/Mo

Size
3,300 SF
Type
Restaurant
Contact us
Listing Agency: Keller Williams Infinity
Listed By: Omar Tharani · License #IL 475171491
Source: Crexi
Added: Oct 7, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:05AM

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 Infinity

Investment Insights

Based on property information with market context.

An 8,000 square foot industrial space is available for lease within a multi-tenant retail plaza. The property includes approximately one acre of outdoor space. Constructed in 1980, the plaza encompasses approximately 25,000 square feet of gross leasable area on a 3.58-acre corner parcel, offering ample parking. The exterior of the building has been recently painted. The property is located at 1220 Richards St, Joliet, Illinois and shares tenancy with four other local tenants, creating a mix of businesses that serve the needs of area residents. Anchored by Family Dollar, the property benefits from high visibility and a strategic location near the intersection of Richards St and Mills Rd. Surrounded by high-density residential neighborhoods, the plaza has an established customer base. The property is approximately a half mile east of 53/S Chicago St, less than 2 miles from Interstate 80, and steps away from bus stops. Joliet is located in Will County and is the third most populous city in the state of Illinois.

Key Highlights

  • 8,000 sq ft of industrial space with approximately 1 acre of outdoor space.
  • Located in a multi‑tenant retail plaza anchored by Family Dollar.
  • High visibility location near the intersection of Richards St and Mills Rd.

Property Analytics

Current Use

Louisiana Barbeque Restaurant J J Fish ... Restaurant Warehouse Workers For Justice Association / Organization Splish Splash Laundromat--Richards ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Spa & Massage Center Restaurant Building Supply

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60433, IL

16,526
Population
5,774
Households
2.9
Avg Household Size
37
Median Age
13%
College-Educated
79%
High-School Grad
13.6 sq mi
ZIP Area
1,215
Density / Sq Mi
$60,987
Median Household Income
$35,310
Median Earnings
$1,307
Median Rent
$167,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - 8,000 SF industrial space with outdoor area for lease.
Where is this flex space located?
The property is located at 1220 Richards St Joliet IL Joliet, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 8,000 sq ft of industrial space with approximately 1 acre of outdoor space.; Located in a multi‑tenant retail plaza anchored by Family Dollar.; High visibility location near the intersection of Richards St and Mills Rd.
(630) 768-1626 Call to check price and availability
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