Property profile

3501 Channahon Rd Joliet, IL 60436

OFF-MARKET
Warehouses
8,000 SF
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Property summary

AI-generated overview

This exceptional 4.27-acre site in Joliet, Illinois, offers a prime opportunity for industrial development. Located at 3501 Channahon Rd, 60436, within Will County, this property boasts I-1 zoning, allowing for a variety of industrial uses, including distribution, manufacturing, and warehousing. The site is approved for build-to-suit (BTS) construction up to 18,000 square feet, providing ample space for a new facility with substantial yard space for trailer parking and outside storage. The asking price is $1,900,000, and the lease type is NNN (Net, Net, Net). The property is currently offered as a single tenancy. Its strategic location offers unparalleled access to major transportation arteries. Minutes from I-80 and the Houbolt Full Interchange, this location ensures efficient logistics and distribution. Furthermore, its proximity—a mere quarter-mile—to the new Houbolt Bridge and Centerpoint Intermodal facility provides seamless connectivity to regional and national transportation networks. This presents a unique opportunity to establish a thriving industrial operation in a high-demand location with exceptional infrastructure and accessibility. The existing site allows for buildings ranging from 8,000 to 18,000 square feet. This versatile property is ideal for businesses seeking a strategic location with excellent connectivity and ample space for expansion.

Property profile

Verified
Property type Warehouses
Total area 8,000 SF

Cap rate & NOI

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

Location

3501 Channahon Rd Joliet, IL 60436
Joliet metro
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Value estimations

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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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