20620 Burl Ct Joliet, IL 60433
- Commercial real estate
- 19,755 SF
- 1.80 lot acres
Current Use by Public Records
- United Universal Industries / Manufacturer
- Petersen Law and QDROs LLC / Family Law Attorney / Law Firm
- Student Formation / Tutoring Service
- Master Maid / House Cleaning Service
- Stromsland De Young Prybys Architecture Group, Inc. / Architect / Architectural Designer
Property Details for 20620 Burl Ct
- Year built
- 1978
- Lot size
- 1.80 lot acres
- Property size
- 19,755 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use commercial property in Joliet, Illinois, presents a compelling investment opportunity. Situated on a substantial 1.8-acre lot, the building boasts 19,755 square feet of space, ideally suited for a variety of businesses. Its strategic location, just over a mile from I-80, ensures unparalleled accessibility and ease of transportation. The property is zoned I-1 (Industrial), providing flexibility for diverse commercial uses. The building itself comprises twelve units, ten of which are currently leased, generating a strong and consistent rental income stream. Approximately 1,700 square feet of space remains available for lease, offering potential for increased revenue. Practical features include six overhead doors, one recessed loading dock, and ample parking for tenants and visitors. This well-maintained building offers a blend of office and warehouse space, making it an attractive option for businesses seeking versatile operational space. The property's strong cash flow, prime location, and significant size make it an ideal addition to any commercial real estate portfolio or a sound investment for those seeking a reliable income-generating asset. This is a rare opportunity to acquire a thriving commercial property in Joliet's dynamic industrial sector.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Joliet
- County
- Will
- State
- Illinois
- Longitude
- -88.0229
- Latitude
- 41.5125