3330 Mall Loop Dr Joliet, IL 60431-1054

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.