You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Industrial properties

1225 E Washington St Joliet, IL 60433

3.8 ac lot Built 1967
Entity Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US28-2892170
Property summary
AI-generated overview

This exceptional 36,500 square foot property at 1225 E Washington Street in Joliet, Illinois, presents a unique investment opportunity. Situated on a generous 3.8-acre lot, the building currently offers 26,000 square feet of two-story corporate office space and an additional 10,000 square feet of warehouse space. The flexible design allows for a variety of uses. Alternatively, the space could be easily converted back into approximately 30,000 square feet of open industrial space, catering to a broader range of businesses. The building's functionality is enhanced by the inclusion of one indoor loading dock and one drive-in door, facilitating efficient material handling. The property is zoned I-1, taking advantage of Will County's attractive tax rates. This presents a compelling opportunity for investors seeking a versatile property with significant potential. The seller is open to considering a self-storage conversion and is offering owner financing options, making this an even more accessible investment. This property is ideally suited for a variety of businesses seeking a strategic location in Joliet.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1967
Lot 3.8 ac (165,528 SF)
APN 30-07-14-200-018
UPID US28-2892170
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Easton Transportation Trucking Company
  • Stanford Design Marketing & Advertising Advertising Agency
  • DORA Partners Consultant
  • Dora Builders Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dora LLC · 23 yrs held
Dora LLC
since 2003
4 recorded transactions
2017
Price N/A
2017
Price N/A
2012
Price N/A
2003
$220,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message