Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1127 Chicago St Joliet, IL 60436

    For Lease
    $42,000

    Secure, illuminated industrial yard; excellent location.

    Lot size:
    217,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5-acre industrial property, located at 1127 S Chicago St, Joliet, IL 60436 (Route 53 & Mills Road), offers a prime opportunity for businesses needing secure and well-maintained yard space. The property is classified as Class B and features a single tenancy. The expansive 217,800 square foot lot is fully graveled, fenced, gated, and illuminated, ensuring optimal security and visibility. Concrete dolly pads are included for added convenience. The site boasts a coded-automatic gate system for enhanced security and features electric service readily available. A stop light at the entrance and exit provides safe and efficient access to Route 53. The location offers unparalleled accessibility, situated just 3/4 of a mile from the I-80 & Route 53 interchange, and a convenient 2.5 miles from CenterPoint Properties and the Union Pacific Railroad Intermodal. The property is zoned I-1 by the City of Joliet. The asking price is $3,500 per acre per month, totaling $17,500 per month. This property is ideal for businesses requiring ample secure outdoor storage or staging areas with easy access to major transportation arteries.

    Property Features for 1127 Chicago St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    217,800 SF
    Class
    B
    Total Rate
    42000

    Unit(s) available at that property

    Space
    Size
    217,800 SF
    Rate per SF
    $42,000

    HighLights

    • 5‑acre industrial land parcel.
    • Single‑tenant occupancy.
    • Located at 1127 S Chicago St, Joliet, IL 60436 (Route 53 & Mills Road).
    • Improved with gravel, fencing, gated access, and lighting.
    • Features concrete dolly pads.
    • Zoned I‑1 by the City of Joliet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chicago Street CCDD, ... Recycling Center

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.080992468159
    Latitude
    41.502577175717

    Nearby Similar for Lease

    • $15 SF/Yr

      Versatile Office Space in Joliet

      1,500 SF office space suitable for professional or medical uses.
      3587 Hennepin Dr, Joliet, IL 60431
      View Details
    • $14 SF/Yr
      9,583 SF

      Joliet Commercial Space For Lease

      1860 SF dental space in prime Joliet location.
      1106 N Larkin Ave, Joliet, IL 60435
      View Details
    • $17 SF/Yr
      137,214 SF

      Joliet Office Space For Lease

      Modern office spaces with ample parking and highway access.
      100 Manhattan Rd, Joliet, IL 60433
      View Details
    • $15 SF/Yr

      Move-in Ready Office Space Available

      Office space for lease in a convenient Joliet location.
      2401 W Jefferson St, Joliet, IL 60435
      View Details
    • $21 SF/Yr

      Shorewood Office Space For Rent

      Professional office space with high-end finishes and excellent highway access.
      220 Channahon St, Joliet, IL 60404
      View Details
    • $32 SF/Yr
      3,049 SF

      Renovated Retail/Office Space Available

      Recently renovated retail/office space with high traffic and natural light.
      7624 Madison St, Forest Park, IL 60130
      View Details

    FAQs

    What type of property is this?
    Land - Secure, illuminated industrial yard; excellent location.
    Where is this land located?
    The property is located at 1127 Chicago St Joliet, IL.
    What is the lease rate?
    The lease rate is $42,000.
    What are key features of this property?
    This property features: 5-acre industrial land parcel.; Single-tenant occupancy.; Located at 1127 S Chicago St, Joliet, IL 60436 (Route 53 & Mills Road).
    Request Owner's contact information
    1127 Chicago St Joliet, IL 60436
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1127 Chicago St
    Joliet, IL 60436
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1127 Chicago St Joliet, IL 60436
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.