Industrial Properties in Joliet, Illinois, offer a unique investment opportunity for those looking to capitalize on the city's strategic location and growing economy. As the third-most populous city in Illinois, Joliet boasts a rich history, notable people, and appearances in popular culture, making it an attractive destination for businesses and travelers alike. Industrial Properties in Joliet can represent a range of investments, from manufacturing and logistics facilities to warehouses and distribution centers. With its proximity to Chicago and access to major highways, Joliet provides an ideal location for companies looking to establish a strong presence in the Midwest. The city's amenities, including the Joliet Transportation Center, Pace local bus service, and major highways, make it an attractive location for businesses that rely on transportation and logistics. Additionally, Joliet is home to several institutions of higher education, including Joliet Junior College and the University of St. Francis, providing a skilled workforce for industries operating in the area. With its unique blend of history, culture, and economic growth, Joliet is an excellent place to invest in Industrial Properties, with attractions like the Rialto Square Theatre, the Joliet Area Historical Museum, and the Chicagoland Speedway drawing visitors from across the region.
Joliet's Industrial Properties are part of a larger landscape of commercial real estate options, including Warehouses, Land, Apartment Buildings, and Commercial Real Estate. Warehouses in Joliet offer flexible storage and distribution solutions for companies operating in the area. Land in Joliet provides a blank canvas for developers looking to build new projects, from industrial facilities to residential communities. Apartment Buildings in Joliet cater to the city's growing population, offering a range of housing options for residents. Commercial Real Estate in Joliet includes office spaces, retail centers, and restaurants, serving the city's businesses and residents. With 19 Industrial Properties available for sale, Joliet offers a diverse range of investment opportunities for those looking to capitalize on the city's growth and development. From manufacturing and logistics to education and entertainment, Joliet's Industrial Properties are an integral part of the city's economic landscape, providing a strong foundation for businesses and investors alike.
What is the average price per square foot for industrial properties in Joliet?
The average price per square foot for industrial properties in Joliet is $168 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Joliet, Illinois, as they directly impact the ease of doing business, logistics, and overall operational efficiency.
- Proximity to major transportation hubs, such as the Joliet Transportation Center, Joliet Regional Airport, and major highways like Interstates 55 and 80, can increase industrial property values by providing easy access to markets, suppliers, and customers.
- The availability of railroads, highways, and airports in Joliet also enables industrial businesses to transport goods and materials efficiently, reducing transportation costs and increasing the appeal of industrial properties in the area.
- Furthermore, the city's strategic location, approximately 35 miles southwest of Chicago, makes it an attractive option for industrial businesses seeking to serve the larger Chicago metropolitan area, which can drive up demand and values for industrial properties in Joliet.
Currently, there are 19 industrial properties for sale in Joliet, with an average price per square foot of $168 USD, an average size of 131,536 square feet, and a largest size of 906,517 square feet, offering a range of options for industrial businesses and investors.
