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    1350 Briggs St Joliet, IL 60433

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    For Sale
    Contact for pricing

    Prime Joliet land, ideal for redevelopment. R-B zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 26.55-acre commercial land parcel presents a compelling redevelopment opportunity in Joliet, Illinois. Located at 1350 S Briggs St, this property is zoned R-B (Restricted Business) and benefits from low Will County taxes. Its strategic location offers unparalleled access to major transportation arteries, being less than one mile from the full I-80 interchange at Briggs Street. The site boasts existing utilities and features a substantial former YMCA building of 29,635 square feet, presenting potential for adaptive reuse or demolition. The property's size and zoning create significant potential for various commercial ventures, making it an attractive investment for developers seeking a prime location with redevelopment or rezoning possibilities. The asking price is subject to offer. The property's address is 1350 S Briggs St, Joliet, IL 60433.

    Property Features for 1350 Briggs St

    General Information

    Property type
    Land
    Lot Size
    1,156,518 SF

    HighLights

    • 26.55‑acre commercial land parcel in Joliet, IL.
    • R‑B (Restricted Business) zoning.
    • Low Will County taxes.
    • Less than one mile from I‑80 interchange at Briggs Street.
    • Significant redevelopment or rezoning potential.
    • Existing utilities on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Gym & Fitness Accounting Firm Department Store Kitchen & Bath HVAC Service Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.0417342
    Latitude
    41.5002112

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    FAQs

    What type of property is this?
    Land - Prime Joliet land, ideal for redevelopment. R-B zoning.
    Where is this land located?
    The property is located at 1350 Briggs St Joliet, IL.
    What are key features of this property?
    This property features: 26.55-acre commercial land parcel in Joliet, IL.; R-B (Restricted Business) zoning.; Low Will County taxes.
    (773) 355-3007
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    1350 Briggs St Joliet, IL 60433
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    Joliet, IL 60433
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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
    1350 Briggs St Joliet, IL 60433
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