2201 Glenwood AveJoliet, IL 60435

This exceptional 21,000-square-foot medical office building presents a compelling owner-user opportunity in Joliet, Illinois. Located at 2201 Glenwood Ave, this Class B, single-story building sits on a 1.63-acre lot and boasts 100% occupancy with long-term tenants. Built in 1975, the property features existing medical improvements and benefits from a prime location directly across from Ascension St. Joseph Hospital, a Level II Trauma Center, ensuring high visibility and accessibility. The corner location at Glenwood Avenue and Madison Street provides two convenient points of ingress and egress, with the majority of the building facing Glenwood Avenue. This multi-tenant property is zoned R-2 and offers monument signage, enhancing its marketing potential. The asking price of $1,000,000 ($47.62/sq ft) represents a significant value, well below replacement cost and current assessed value. The property's strategic location near major interchanges (I-80 and I-55) and within a thriving, growing residential and commercial area, further enhances its investment appeal. The property is a NNN lease type. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location. The property is adjacent to a Tax Increment Financing (TIF) district. The high traffic count of approximately 9,000 vehicles per day ensures excellent visibility for your business. This is an ideal investment for owner-occupants seeking a well-established medical office building in a rapidly developing area. The APN is 03-07-07-116-041-0000.