903 129Th Infantry Dr Joliet, IL 60435
This exceptional 20,400 square foot medical office building presents a compelling investment opportunity in Joliet, Illinois. Strategically located on approximately 2.23 acres, the property boasts a prime location just minutes from Ascension St. Joseph Hospital and directly across the street from AMSurg Surgery Center. Its proximity to numerous other medical facilities ensures high visibility and consistent demand. The building is currently fully leased to a mix of medical and dental practices, providing immediate and stable cash flow. The property features 140+ parking spaces, ensuring ample convenience for patients and staff. The building's six individual units each have separate employee entrances, private restrooms, and access to a partial basement for private storage. Three common entrances, including a main entry with automatic doors, enhance accessibility. The building is equipped with a comprehensive array of safety and maintenance features, including wet/dry fire sprinkler systems, a building-wide alarm system, and individual unit alarm systems. Each unit also benefits from separate HVAC systems, hot water heaters, and utility meters. Common area amenities include a generator, furnace, sump pump, and an ejector system. This meticulously maintained property offers a rare opportunity to acquire a high-performing, fully leased investment with strong, established tenants, including the current owners who occupy three of the units. The building's excellent location, robust infrastructure, and strong tenant base make it an ideal investment for discerning buyers seeking a stable and profitable asset in a thriving medical corridor.
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Vladimir Tismensky Dental Office
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Dr. Anna A. Stanislaus, MD Physician
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Visvanatha Giri Physician
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Professional Endodontics of Illinois Dental Office
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Alexander Zenon Sosenko M.D. Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.