20620 Burl Ct, Joliet, IL 60433
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.
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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
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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.