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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1520 Illinois Rte Joliet, IL 60431

Built 2005
Property ID
Property summary
AI-generated overview

This exceptional retail endcap space, located within the vibrant Joliet Commons shopping center, presents a unique opportunity for a discerning business. Situated on heavily trafficked Route 59, this property boasts unparalleled visibility and exposure to a daily average of 31,800 vehicles. The space totals 2,400 square feet and is part of a multi-tenant building constructed in 2005. Benefit from excellent co-tenancy with a Starbucks anchor store, ensuring consistent foot traffic and brand recognition. A large pylon sign on Route 59 provides prominent branding opportunities. Ample parking is available on both sides of the center, ensuring convenient access for customers. The location offers exceptional accessibility, being just blocks from I-55, providing easy access for both customers and employees. The surrounding area is characterized by a dense residential population and a thriving retail corridor featuring numerous national tenants. This prime location within a heavily trafficked retail area, combined with the strong co-tenancy and high visibility, makes this an ideal space for a restaurant or salon seeking significant growth potential. The property is located in Will County.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2005
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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