Technical
Financial
Distress signals
Property profile

600 Theodore St Joliet, IL 60435

OFF-MARKET
Lifestyle centers
7,200 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Lifestyle centers
Total area 7,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Gym & Fitness Center
  • Spa & Massage Center Skin Care Clinic
  • (Bike/Boat/Book/etc) Store Printing Service
  • Sports Field & Court (Bike/Boat/Book/etc) Store

Location

600 Theodore St Joliet, IL 60435
Joliet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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