251 Center St Joliet, IL 60435
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.
-
Bricellc.net Cosmetic Store
-
Senior Services of Will County Community Center
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.