0 Theodore St Plainfield, IL 60431
This exceptional 10,000-square-foot flex space in Joliet, Illinois, presents a unique investment opportunity. Located in the desirable Joliet submarket of Will County, this single-story, Class B building offers multiple tenancy options, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 5,000 square feet. The property sits on 1.6 acres of land and boasts a 25-foot ceiling height, ideal for various business needs. The building features 14 dock-high doors and 4 drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 15 total spaces. Built in 1992, this property is zoned B-3 and is conveniently located near Essington Avenue. The space includes climate-controlled units and approximately 200 square feet of office space within each 2,500 square foot unit. The property is comprised of three total suites. Note that automotive repair businesses are not permitted. This prime location and flexible space make it an excellent choice for a variety of businesses seeking a well-equipped and conveniently located facility.
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.