Property summary
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
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
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Law Firm
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Tutoring Service
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Hardware & Home Improvement
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Architect Architectural Designer
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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