Property profile

679 Washington St Joliet, IL 60433

OFF-MARKET
Commercial land
Property ID
US28-1312869
6.35 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This expansive 6.35-acre lot at 679 E Washington Street in Joliet, Illinois, presents a significant opportunity for businesses requiring substantial outdoor storage or parking space. Currently configured as a graveled area, the property is ideally suited for accommodating a large fleet of trucks and trailers. The site's capacity allows for the parking of approximately 50 trucks with trailers, offering ample room for maneuvering and storage. The property is zoned for industrial use and is available for lease only. Given its size and location in Joliet, this property is well-positioned to serve businesses operating in the region. The substantial acreage provides flexibility for various operational needs, from long-term trailer storage to staging areas for transportation and logistics companies. Interested parties are encouraged to inquire for lease terms and conditions. The property is offered as-is. No buildings or structures are included. The lease will be subject to a thorough due diligence process. Prospective tenants should be prepared to provide financial statements and a detailed business plan. Utilities are the responsibility of the tenant. The property is easily accessible from major roadways, ensuring convenient transportation links. This is a rare opportunity to secure a large, well-located industrial yard in a thriving market.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 6.35 ac (276,606 SF)
APN 30-07-11-323-004
UPID US28-1312869

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

679 Washington St Joliet, IL 60433-1135
Joliet metro Census 882400 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
Last sale
$5,000
6 recorded transactions
2024
$325,000
2019
Price N/A
2010
$5,000
2008
Price N/A
1999
Price N/A
1999
$20,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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