Joliet, IL Retail Property for Sale

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Joliet, IL 60435

Retail

$6,900,0004,994 SF

Subj. property includes 54,075SF parcel of land at a signalized corner. Offering includes a fee simple interest in the land. Improvements include a 4,944sf single story, single tenant bank branch building built for, owned & occupied by Bank Of America, 2nd largest bank in the US. Offering is secured by a 25yr absolute NNN ground lease requiring zero LL maintenance responsibilities. The lease currently has 15+ fixed yrs remaining on the initial term, followed by 5 renewal options at 5 yr increments. The lease includes rental increases of 10% every 5 yrs providing a strong inflation hedge. Building is all brick construction w/ 5 drive-thru lanes. Located in downtown Joliet along the area's dominant thoroughfare, surrounded by numerous national retailers. The property benefits from high traffic counts & excellent visibility and ingress/egress from the bordering streets. The offering provides an investor the rare opportunity to acquire a long term net leased Bank Of America w/ the mitigated risk of a ground lease guaranteed by 1 of the strongest financial institutions in the country w/ the long term benefit of substantial residual value in the underlying land.

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Shorewood, IL 60404

Retail

$3,036,60010,650 SF

Nobel Learning Communities (d.b.a. Chesterbrook Academy) is a network of more than 180 private schools in 15 states, operating under various names, including: Chesterbrook Academy, Enchanted Care, Evergreen Academy, Brighton School, The Honor Roll School, Camelback Desert Schools, Bethesda County Day School, Nobel Learning Communities, Laurel Springs School, Merryhill School, Discovery Isle, Touchstone School, Lake Forest Park Montessori, Southern Highlands Prep. School, Houston Learning Academy, Montessori Corner, Paladin Academy and The Rhoades School.

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Joliet, IL 60435

Retail

$62,5002,160 SF

Great location for neighborhood restaurant! Built in 1930 with an addition in 1983 property features 2,160 square feet on 0.48 acres. Formerly operated as restaurant/bar building has partial basement that was used for cooler storage and an office plus parking for approximately 25 vehicles. (per appraiser) Parcel Included: 30-07-04-119-006-0000, 30-07-04-119-007-0000, 30-07-04-119-008-0000 & 30-07-04-119-006-0000, 30-07-04-119-007-0000, 30-07-04-119-009-0000 LIST PRICE IS $99,000 WITH AN OPENING BID OF $62,500 IF NO OFFERS RECEIVED BEFORE 2/24/16 AUCTION. EM of 5% of high bid/sales price due from high Bidder at time of auction/offer. Offers subject to seller approval. Property sold 'as is, where is'. See Bidder Packet for additional details. Broker Firm: Micoley.com LLC #481.011994. Broker: Wade Micoley #471.018175.

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, IL 60436

Retail

$499,0002,500 SF

2,500 SF car wash and adjacent lot. 250' of frontage on Chicago St. Ideal re-development site. Great location just off I-80 exit and just north of the Chicago Speedway/Route 66 Race Track.

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Crest Hill, IL 60403

Retail

$2,600,00011,000 SF

11,000 SF building with a 5,000 SF playground for a total of 16,000 SF. This property is located within the Weber Road corridor which has experienced significant commercial growth over the last few years.

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Joliet, IL 60432

Retail

$425,0005,000 SF

2 Commercial and 5 apartments ( 2 and 3 bedrooms) located in downtown Joliet. Long term tenants. Older building but in excellent condition 10% return after taxes, Insurance and misc. expenses. $425,000

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Joliet, IL 60436

Retail

$550,0003,332 SF

Rarely available 3,332 sq. ft. freestanding building with expansion possibilities, site offer 25+/- parking spaces, street exposure to Larkin with 70' of frontage and pylon signage, located in prime trade of Joliet, perfect use restaurant, retail, medical or auto.

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Joliet, IL 60436

Retail

Price Upon Req.2,500 SF

7-Eleven, Inc. directs Sealed Bid Sale 16 Convenience Stores with Gas '" 9 Convenience Stores Sites from 8,000 sf to 1.7 ac | Buildings from 1,376 to 4,392 sf Convenience stores sold without brand. Sold with or without fuel supply. Sold with fuel brand.

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Joliet, IL 60435

Retail

$199,0003,800 SF

Former Auto Repair Shop Perfect Location Possible Auco Sales Detail Repair, 5 Stalls Total Office & Waiting area

1 photo
Joliet, IL 60435

Retail

$6,900,0004,944 SF

Subject property includes a 54,075 SF parcel of land at a signalized corner. The offering includes a fee simple interest in the land. Improvements include a 4,944sf single story, single tenant bank branch building built for, owned & occupied by Bank Of America, the second largest bank in the United States. The offering is secured by a 25yr absolute NNN ground lease requiring zero landlord maintenance responsibilities. The lease currently has 15+ fixed years remaining on the initial term, followed by five renewal options at 5 years increments. The lease also includes rental increases of 10% every 5 years providing a strong inflation hedge. The building is attractive all brick construction with five drive-thru lanes. The property is located in downtown Joliet along the area's dominant thoroughfare, surrounded by numerous national retailers. The property benefits from high traffic counts & excellent visibility and ingress/egress from the bordering streets. The offering provides an investor the rare opportunity to acquire a long term net leased Bank Of America with the mitigated risk of a ground lease guaranteed by one of the strongest financial institutions in the country, with the long term benefit of substantial residual value in the underlying land.

Joliet, IL Retail Property for Sale

There are thousands of properties for sale on Cityfeet suitable for retail business use of every kind. Cityfeet has small free-standing retail buildings as well as retail properties in malls and big brand anchored shopping centers. For more available retail space for sale visit LoopNet.com.

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