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Property profile & analytics

1220 Richards St Joliet, IL 60433

  • Commercial real estate
  • 3.59 lot acres
Value Estimation
$365,000
Location Intelligence
Property ID
US28-3209305
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Louisiana Barbeque / Barbecue Restaurant / American Restaurant
  • J J Fish & Chicken / Seafood Restaurant / Chicken Restaurant
  • Warehouse Workers For Justice / Association / Organization
  • Splish Splash Laundromat--Richards St. Joliet / Laundromat

Property Details for 1220 Richards St

Year built
1980
Lot size
3.59 lot acres
Property type
Commercial real estate
APN
30-07-22-420-001
APU
300722420001

Description

This exceptional 4,000-square-foot restaurant space is situated within a multi-tenant retail plaza at 1220 Richards St, Joliet, IL. The plaza, built in 1980, encompasses approximately 25,000 square feet on a 3.58-acre corner lot, offering ample parking. Recent exterior painting enhances the property's curb appeal. The property benefits from a complementary mix of four other local tenants, creating a synergistic retail environment. Anchored by Family Dollar, this highly visible location enjoys strategic placement near the intersection of Richards St and Mills Rd. Surrounded by dense residential neighborhoods, the property boasts a readily available customer base. Its convenient location is approximately half a mile east of 53/S Chicago St, less than two miles from Interstate 80, and conveniently close to public transportation (bus stops). Joliet, the third most populous city in Illinois, and located in Will County, provides a strong market for this retail opportunity. This single-tenant space presents a compelling opportunity for a restaurant operator seeking a well-located, established space within a thriving community.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Joliet
County
Will
State
Illinois
Longitude
-88.0699
Latitude
41.5018
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,106
$48,826
$120,507
$169,333
-
$146,478
$361,521
$507,999
More about this property
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