2201 Glenwood Ave Joliet, IL 60435
For Lease
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Property summary
This exceptional 21,000 square foot medical office building in Joliet, Illinois, presents a compelling investment opportunity. Situated on a 1.63-acre lot at 2201 Glenwood Ave, this Class B property boasts nine well-maintained suites, ranging from 320 to 2,590 square feet, with four currently available. Built in 1975, the single-story building features 100 parking spaces, ensuring ample convenience for staff and patients. Its prime location near major roadways, including I-80 and I-55, offers easy access for commuters. The property benefits from high visibility on Glenwood Avenue, with daily traffic exceeding 9,000 vehicles, enhanced by prominent signage. Surrounded by residential, commercial, and medical facilities, the building enjoys proximity to Joliet West High School, the University of St. Francis, and the Rock Run Preserve. Nearby amenities include the Louis Joliet Mall, casinos, and diverse dining options. The property is also available for sale at $1,175,000 ($55.95 per square foot). This presents a unique chance to acquire a well-positioned medical office building in a thriving area. The APN is 07-07-116-041.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Dental Office
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Physician
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Physician
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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