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    Warehouses

    20620 Burl Ct, Joliet, IL 60433

    Property ID
    Property summary
    AI-generated overview

    This exceptional 78,408 sq ft warehouse, situated on a 1.8-acre lot in Joliet, IL (zip code 60433), presents a compelling investment opportunity. The property boasts a prime location, just over a mile from I-80, ensuring seamless transportation and logistics. Currently zoned I-1 (Industrial), this mixed-use building features 12 units, with 10 currently leased, generating substantial rental income. The building itself includes six overhead doors, one recessed loading dock, and ample parking. Approximately 1700 square feet of space is currently available for lease, offering potential for increased revenue. This well-maintained property offers a blend of office and warehouse space, making it ideal for a variety of businesses. Its strategic location within Joliet's thriving commercial sector ensures strong tenant demand and long-term investment potential. The asking price is $1,800,000. This property is an excellent choice for investors seeking a stable, income-producing asset with significant upside potential in a dynamic market. Don't miss this chance to acquire a valuable piece of Joliet's industrial real estate landscape.

    Property profile
    Verified
    Property type Warehouses
    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
    • United Universal Industries Industrial Manufacturer Production Facility
    • Petersen Law and QDROs LLC Law Firm
    • Student Formation Tutoring Service
    • Master Maid Hardware & Home Improvement
    • Stromsland De Young Prybys Architecture Group, Inc. Architect Architectural Designer
    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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