Post Office Plaza 150 N Scott St 26,000 SF 100% Leased Office Building Joliet, IL 60432 $1,250,000 ($48.08/SF) 2% Cap Rate
INVESTMENT HIGHLIGHTS
- National Register of Historic Places - over 20,000SF available
- 12' and 16' ceilings
- US Postal Service tenant
- Architectural details of marble, bronze, wood, hand plastering
- ADA ramp and elevator
- On-Stie parking
EXECUTIVE SUMMARY
20,000 SF plus 5,000SF basement. Large dock access. Approx. 9,000SF open span for storage or light filled work area. 12' and 16' ceilings. Two walk in vaults and much more. On-site parking and adjacent public garage.
One current tenant USPS substation.
On Rt 53 in Historic Downtown Joliet, IL. Two short blocks to Metra Rail Station to Chicago LaSalle Street Station and Union Station, and upcoming high speed rail - Chicago to Springfield, IL.
Short walk to Will County Courts, City, County & State Government offices, new Joliet Junior College Downtown campus, University of St. Francis, Rialto Theater, and Harrah's Joliet Casino Hotel.
Cap Rate based on estimates. 90 percent of the building is vacant, ready for you to develop, update or use.
Call Rudy for a tour.
One current tenant USPS substation.
On Rt 53 in Historic Downtown Joliet, IL. Two short blocks to Metra Rail Station to Chicago LaSalle Street Station and Union Station, and upcoming high speed rail - Chicago to Springfield, IL.
Short walk to Will County Courts, City, County & State Government offices, new Joliet Junior College Downtown campus, University of St. Francis, Rialto Theater, and Harrah's Joliet Casino Hotel.
Cap Rate based on estimates. 90 percent of the building is vacant, ready for you to develop, update or use.
Call Rudy for a tour.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
26,000 SF
Building Class
C
Year Built/Renovated
1903/1997
Price
$1,250,000
Price Per SF
$48.08
Cap Rate
2%
NOI
$25,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,000 SF
Slab To Slab
15’
Building FAR
0.60
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
B-2 - B-2
ABOUT 150 N SCOTT ST , JOLIET, IL 60432
Former Federal building. Historic Neo-Classical architectural gem. Ornate formal lobby with marble wainscoting, mosaic flooring, hand plastering. 20,000 SF plus 5,000SF basement. Large dock access. Approx. 9,000SF open span for storage or light filled work area. 12' and 16' ceilings.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- US Postal Service
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| US Postal Service | - | - | - | - |
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 30-07-10-320-005 | Improvements Assessment | $81,160 |
| Land Assessment | $66,468 | Total Assessment | $147,628 |
