1441-1447 Essington Rd, Joliet, IL 60435
This exceptional 10,887 square foot single-story professional office condo presents a unique investment opportunity in the desirable Autumn Lake Business Park in Joliet, Illinois. Situated on a generous 5.11-acre lot, the building boasts high-quality construction and a modern, efficient layout. The property includes a fully built-out 2,187 square foot physical therapy office, seamlessly integrated with 8,700 square feet of versatile office space. This expansive office area features a large waiting room, numerous staff offices and workstations, dedicated nurse's stations, a conference room, a comfortable lounge, a break room, two x-ray rooms, and fifteen exam rooms. Ample parking is available both in front of and to the side of the building, ensuring convenient access for staff and clients. The strategic location on Essington Road offers easy access to major interstates and regional transportation networks. A monthly association fee of $1,600 covers a comprehensive range of services, including snow removal, landscaping, garbage removal, sign and parking lot maintenance, common area electricity, and roof replacement. The seller is offering flexible terms, including the possibility of purchasing a portion of the building or leasing a section of the space, providing adaptability to suit various buyer needs. This prime location and versatile space make this an ideal opportunity for a variety of businesses.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.