1520 Illinois Rte Joliet, IL 60431
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.
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
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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.