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Property profile & analytics

1402 Spencer Rd Joliet, IL 60433

  • Industrial properties
  • 10.47 lot acres
For Sale
Last Sale
Jun 22, 2025
$650,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-3222810
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

  • Industrial properties

Property Details for 1402 Spencer Rd

Year built
2007
Lot size
10.47 lot acres
Property type
Industrial properties
APN
30-07-26-200-011
APU
300726200011

Description

This exceptional property offers a unique opportunity to acquire a substantial industrial site in Joliet, Illinois. The offering encompasses 20 acres of land, conveniently situated south of I-80 and Briggs Street, providing easy access to major transportation routes. The property includes a 6,000 square-foot building, currently zoned I1 and annexed into the city of Joliet. The building itself is comprised of two main units. Unit 1 boasts dimensions of 60' x 40', featuring three 14' x 14' overhead doors, floor drains, and framed openings for office and storage space, including a loft area. Unit 2 measures 40' x 40', equipped with one 14' x 14' overhead door, floor drains, and similarly framed areas for office and loft storage. The property allows for exterior storage and utilities are available at the property line. The asking price of $850,000 is for the 10.94-acre parcel with the 6,000 square-foot building. An additional 10 acres are available for separate purchase. A survey is available upon request. This prime location offers significant advantages, with its proximity to major highways and a convenient four-mile distance to the Intermodal facility. This presents a compelling investment opportunity for businesses seeking a well-located, versatile industrial space.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Joliet
County
Will
State
Illinois
Longitude
-88.0449
Latitude
41.4941
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
$11,046
$68,640
$50,000
$118,640
-
$205,920
$150,000
$355,920
More about this property
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