Property profile

20620 Burl Ct Joliet, IL 60433

OFF-MARKET
Warehouses
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Law Firm
  • Tutoring Service
  • Hardware & Home Improvement
  • Architect Architectural Designer

Location

20620 Burl Ct Joliet, IL 60433
Joliet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20620 Burl Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message