Technical
Financial
Distress signals
Property profile

722 Essington Rd B Joliet, IL 60435

OFF-MARKET
Commercial real estate
Property ID
US28-0464204
8,454 SF 0.83 ac lot Built 2004
Entity Owned 25-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2004
Construction FRAME
Total area 8,454 SF
Lot 0.83 ac (36,155 SF)
APN 05-06-12-114-003
UPID US28-0464204

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Insurance Agency
  • Architect
  • Insurance Agency

Location

722 Essington Rd, Unit B Joliet, IL 60435-4919
Joliet metro Census 883206 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.56M
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$365k

Owner & transaction history

since 2001
2 recorded transactions
2001
$160,000
1969
Price N/A

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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