600 Theodore St Joliet, IL 60435
This exceptional commercial property, located at 600 Theodore Street in Joliet, Illinois, presents a unique investment opportunity. The 7,200 square foot shopping center sits on a one-acre lot and features a single, one-story building divided into two suites. Currently, 1,800 square feet of retail space is available for lease, offering significant potential for expansion or diversification. The property is classified as Class C and boasts a modern design with a versatile layout, ideal for a variety of businesses. Its high-visibility location ensures convenient access and ample parking for tenants and customers. The well-maintained exterior and landscaping enhance the property's curb appeal. The property offers prominent signage opportunities for maximum exposure, strategically positioned in a high-traffic area. Will County taxes are $3 per square foot. This is an excellent opportunity for retailers, restaurants, or other businesses seeking a prominent location in a thriving community. The property's size and layout provide flexibility for various business needs, making it an attractive option for both established businesses and new ventures. Don't miss this chance to secure a prime retail space in a desirable Joliet location.
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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.