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Property profile & analytics

3330 Mall Loop Dr Joliet, IL 60431-1054

  • Commercial real estate
  • 0.41 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1388979
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

  • Commercial real estate

Property Details for 3330 Mall Loop Dr

Lot size
0.41 lot acres
Property type
Commercial real estate
APN
06-03-26-202-008
APU
60326202008

Description

This exceptional 4,521 square foot vacant storefront, situated at 3330 Mall Loop Drive in Joliet, Illinois, presents a compelling investment opportunity. Built in 1996 and renovated in 2016, this fee-simple property (land and building) sits on a 0.39-acre lot and boasts 14 on-site parking spaces. The B-2 (Central Business District) zoning allows for a wide range of potential uses. Its prime location offers unparalleled visibility and accessibility. The property is an outparcel to the 323,000 square foot Louis Joliet Mall, anchored by major retailers such as Macy's, Ashley Furniture, Best Buy, and more. This strong retail synergy, coupled with proximity to other national tenants like Michaels, Home Depot, Target, Dick's Sporting Goods, and Costco, ensures high foot traffic and consumer draw. The property benefits from its location along US Hwy 30 (33,000 vehicles per day) and convenient access to Interstate 55 (78,000 vehicles per day). The surrounding 5-mile trade area is densely populated, with over 192,000 residents and 65,000 employees, boasting an affluent average household income of $114,381. This presents a significant opportunity for value-add or redevelopment in a thriving retail corridor. Additional parking is available in the mall's parking lot. The property's APN is 06-03-26-202-008. This is a rare chance to acquire a well-located, versatile commercial property in a high-demand area.


Value Estimations

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Location Insight

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  • Local Demand
City
Joliet
County
Will
State
Illinois
Longitude
-88.1647
Latitude
41.5792
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
$17,660
$50,564
$180,424
$230,988
-
$151,692
$541,272
$692,964
More about this property
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