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NWC I-80 & Rt 53
1.8 Acres of Commercial Land Offered at $1,000,000 in Joliet, IL 60436
Investment Highlights
- 91,200 vehicles a day on I-80 westbound 45,300 vehicles a day on I-80 eastbound
- Full access point from Route 53 (S. Chicago St) at 5th Ave.
- Traffic Counts 25,600 vehicles a day at Rt 53 & 4th Ave
- $52,800.00 a year in current gross rental income
Executive Summary
464 S. Ottawa St $1,200.00 a month
500 S. Ottawa St $1,200.00 a month
462 & 502 S Ottawa St are vacant
(1ea) 2 Unit Home "R-3 Zoned 1 & 2 Family Residential"
460 S. Ottawa St $2,000.00 a month
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
-
|
| Taxes |
$99,999
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
-
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | - |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | - |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot
| Price | $1,000,000 | Lot Size | 1.80 AC |
| Price Per AC | $555,556 |
| Price | $1,000,000 |
| Price Per AC | $555,556 |
| Lot Size | 1.80 AC |
For Sale 1.8+/- acres SWC I-80 & Route 53 Joliet, Illinois (4ea) Single Family Homes "R-2 Zoned Single Family Residential" - (1ea) 2 Unit Home "R-3 Zoned 1 & 2 Family Residential" - (4ea) Vacant Lots "B-3 Zoned General Business"
Description
For Sale 1.8+/- acres SWC I-80 & Route 53 Joliet, Illinois (4ea) Single Family Homes "R-2 Zoned Single Family Residential" - (1ea) 2 Unit Home "R-3 Zoned 1 & 2 Family Residential" - (4ea) Vacant Lots "B-3 Zoned General Business" Initial discussion with City of Joliet re-zoning from R-2 & R-3 to B-3 would be welcomed. Full access point from Route 53 (S. Chicago St) at 5th Ave. Traffic Counts 25,600 vehicles a day at Rt 53 & 4th Ave 91,200 vehicles a day on I-80 westbound 45,300 vehicles a day on I-80 eastbound
zoning
| Zoning Code | B-3, R-2 & R-3 ((4ea) Single Family Homes "R-2 Zoned Single Family Residential" - (1ea) 2 Unit Home "R-3 Zoned 1 & 2 Family Residential" -(4ea) Vacant Lots "B-3 Zoned) |
| B-3, R-2 & R-3 ((4ea) Single Family Homes "R-2 Zoned Single Family Residential" - (1ea) 2 Unit Home "R-3 Zoned 1 & 2 Family Residential" -(4ea) Vacant Lots "B-3 Zoned) |
Presented by
NWC I-80 & Rt 53
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