423 N Chicago St
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423 N Chicago St
10,874 SF 90% Leased Flex Building Joliet, IL 60432 $599,500 ($55/SF)
Investment Highlights
- Great Downtown Location Minutes to I-80, I-55, and close to I-355 2nd floor has concrete floors Building currently has 2 tenants
Executive Summary
This 10,874 sq ft brick and stone building, known as the Munroe Hatchery Building, is located in downtown Joliet, within walking distance of the Will County Annex Building. It includes two parcels—one for the building and a vacant lot used for parking, both zoned B-3 for versatile business use. Currently, two businesses occupy the building: an event planner in a 27x39 finished office with 13-foot ceilings, private bath, and storage, and J Pearson Heating, which uses both office and shop space across two floors, including a freight elevator and overhead door. The second floor offers potential for residential apartments. The building is in an Opportunity Zone and qualifies for various Joliet economic development programs. New roof (2020) and additional improvements make this a prime investment opportunity.
Property Facts
Amenities
- Conferencing Facility
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl - 2
- 1,052 SF
- Flex
- Full Build-Out
- Now
Space | Size | Space Use | Condition | Available |
1st Fl - 2 | 1,052 SF | Flex | Full Build-Out | Now |
1st Fl - 2
Size |
1,052 SF |
Space Use |
Flex |
Condition |
Full Build-Out |
Available |
Now |
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Walk Score ®
Very Walkable (82)
PROPERTY TAXES
Parcel Number | 07-09-239-003 | Improvements Assessment | $51,595 |
Land Assessment | $13,405 | Total Assessment | $65,000 |
PROPERTY TAXES
Parcel Number
07-09-239-003
Land Assessment
$13,405
Improvements Assessment
$51,595
Total Assessment
$65,000
zoning
Zoning Code | B3 (Property is Zoned B-3 General Business District in the City of Joliet which provides for a variety of potential uses.) |
B3 (Property is Zoned B-3 General Business District in the City of Joliet which provides for a variety of potential uses.) |
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Presented by
Dow Realty, Inc.
423 N Chicago St
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