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    OFF-MARKET
    Industrial properties

    18424 Frontage Rd, Joliet, IL 60404-8663

    15.29 ac lot
    Entity Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-3513708
    Property summary
    AI-generated overview

    This exceptional 11,000-square-foot executive office building presents a unique opportunity in Joliet, Illinois. Situated on a substantial 16.5-acre lot at 18424 NW Frontage Road, zip code 60404, this two-story property offers ample space for a single tenant. The building is currently vacant, providing immediate occupancy for a discerning business. The property is classified as both retail and office space, offering flexibility in its potential use. With a total of 40 parking spaces, convenient access is ensured for employees and clients. Located in Will County, this property benefits from excellent visibility and accessibility. The expansive lot size provides significant room for expansion or future development. The building's single-tenant occupancy eliminates the complexities of multi-tenant management. This is an ideal location for a company seeking a prominent presence in a thriving area. The property's size and location make it suitable for a variety of businesses seeking a substantial and well-positioned office space. The 11,000 square feet of vacant space offers a blank canvas for customization and design to meet specific business needs. This is a rare opportunity to secure a significant commercial property in a desirable location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 15.29 ac (666,032 SF)
    APN 05-06-03-200-046
    UPID US28-3513708
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ABS Repair Inc. Auto Repair Shop
    • Unik Transportation Trucking Company
    • Unik Fleet Sales Car Dealership
    • Primus Electronics Accessories Wholesaler
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    ABS BUILDING MANAGEMENT LLC
    ABS BUILDING MANAGEMENT LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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