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Property profile & analytics
OFF-MARKET
Office Spaces

251 Center St Joliet, IL 60435

16,303 SF 1.35 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16,303 square foot office building, situated on a 1.35-acre lot at 251 N Center St, Joliet, IL 60435, presents a compelling investment opportunity. Built in 1932, the property boasts a timeless charm and is zoned B-1, Neighborhood Business. The well-maintained structure offers a spacious interior layout, including 21 private offices, three large flex spaces, a commercial kitchen, and a fully finished basement complete with an elevator. Ample parking is available for tenants and visitors, enhanced by two lots across Center Street. Its prime location in Joliet offers convenient access to major highways and public transportation, alongside a vibrant urban environment featuring diverse dining, arts, and cultural attractions, including the Rialto Square Theatre and the Joliet Area Historical Museum. This versatile property is ideal for office users or investors seeking a well-positioned asset in a thriving Illinois community. The asking price is $1,304,240. This is a rare chance to acquire a substantial and historically significant commercial property in a desirable location.

Property profile
Verified
Property type Office Spaces
Total area 16,303 SF
Lot 1.35 ac (58,806 SF)
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
Current use
Occupant on record · Public records
  • Bricellc.net Cosmetic Store
  • Senior Services of Will County Community Center
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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