1610 Chicago StJoliet, IL 60436
For Sale
$700,000
Established business, high NOI, strong lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- Thriving, established auto dealership in Joliet, IL.
- Two parcels totaling 1-1.2 acres of prime street-front land at 1610 & 1620 S Chicago St.
- 2,222-2,777 SF of well-maintained retail space under a gross lease with a credit-rated tenant.
- C-3 & C-44 zoning allows for diverse uses.
- 5-year lease with 4 years remaining, generating $5,000 annual NOI and a 0.71% cap rate.
- $700,000 asking price for this single-tenancy, net lease investment.
Property Details for 1610 Chicago St
- Property type
- Other retail properties, Individual retail properties
- Square Feet
- 2,222 SF
- Class
- A
- Lot Size (sq. ft)
- 43,560 SF
Location Insight
- City
- Joliet
- County
- Will
- State
- Illinois
- Latitude
- 41.4945895
- Longitude
- -88.0801309
1610 Chicago St, Joliet, Illinois
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