For Sale Commercial Real Estate Listings in Joliet, Illinois
FOR SALE * $5,260,000 * Office * Joliet, Illinois * Full Listing
Marcus & Millichap is pleased to present the Larkin Professional Office Center in Joliet, IL. This 3 building portfolio has a total of 42,514 rentable square feet and is 99% occupied.
The asset gives an investor the opportunity to acquire a multi-tenant office building at an 8% Cap Rate and a 7.7% Cash-on-Cash Return for only $123.72 per square foot, which is below replacement cost. The asset is positioned in an active commercial corridor and has historically remained 100% occupied. Adjacent to several other office buildings, and surrounded by a busy retail trade corridor, this assets sits on the second-most traveled corner in Joliet.
This is truly an opportunity to acquire a very attractive, highly occupied office asset on one of the busiest corners in Joliet with true upside potential.
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FOR SALE * $890,000 * Industrial * Joliet, Illinois * Full Listing
The building has 1500 sf of office space that includes a full kitchen with 1500 sf of basement that could easily be converted to more office space or used as storage. Also two 2500 sf and one 1200 sf units for warehouse/industrial space. One unit has two 14 x 14 overhead doors and the other two units each have one overhead door. Great location near I 55 & I 80. Paved parking, air conditioned offices. Very clean!
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FOR SALE * $144,900 * Land * Joliet, Illinois * Full Listing
Property Description:
16,900sf Vacant lot situated at the corner of Ingalls Rd. and Route 30 (Plainfield Rd.) in Joliet. Ownership has drawings for a proposed 3,000sf building. Site is ideal for Retail or Office use.
Location Description:
SEC of Ingalls and Rt. 30
Zoning Description:
General Service District
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FOR SALE * $975,000 * Office * Joliet, Illinois * Full Listing
Historic building gut & rehab in 1986, more rehab in 1998, currently used as an office building. 3 floors of masonry over steel and heavy timber construction. Offices built out now but can be renovated easily for tenants. Great opportunity for rehab or conversion to condos.
Currently experiencing lease turnover. Ownership willing to discount sale price for investor willing to undertake leasing & rehab.
Plans and estimates available for mixed use rehab to residential and commercial loft conversion. Call listing agent if interested.
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For Lease Commercial Real Estate Listings
FOR LEASE * Undisclosed * Office * Joliet, Illinois * Full Listing
ENDLESS POSSIBILIES FOR USE, THIS BUILDING OFFERS 14 OFFICES IN JUST THE FIRST FLOOR SECOND FLOOR HAS APPROX 21 OFFICES BOTH FLOORS HAVE PRIVATE AND PUBLIC BATHROOMS WITH HANDICAPPE ACCESS.
WILL CONSIDER EACH FLOOR LEASING OPTIONS AND BUILD OUT OPTIONS TO YOUR SPECIFICATIONS.PLENTY OF PRIVATE PARKING
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