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109 E Ohio St 31.27 Acres of Commercial Land Offered at $4,500,000 in Joliet, IL 60432
Investment Highlights
- significant economic development incentives available
- future access to Columbia Street and Collins Street
- adjacent to outdoor recreation site and the Des Plaines River
- seconds from downtown Joliet
- slotted for redevelopment
Executive Summary
±31.27 AC of land
ECONOMIC DEVELOPMENT INCENTIVES AVAILABLE
This is a redevelopment opportunity.
Sale Price: $4,500,000
Property Facts
1 Lot Available
Lot
| Price | $4,500,000 | Lot Size | 31.27 AC |
| Price Per AC | $143,907.90 |
| Price | $4,500,000 |
| Price Per AC | $143,907.90 |
| Lot Size | 31.27 AC |
BUILDING HAS BEEN DEMOLISHED. City of Joliet wants mixed-use, institutional, special use, schools, or medical. There may be an opportunity for small flex or super-light industrial but NO INCREASED TRUCK TRAFFIC. Sports complex/area.
Description
31 acre in the heart of Joliet just seconds from downtown. Densely populated surroundings and excellent location for a destination venue. Ideal for mixed-use development or sports venue or school. Institutional site for school or medical. Significant economic development incentives are available. The former steel production building has been demolished in 2021. The US Steel site to the north has been demolished in 2025! There is no other site and location like this in this close proximity to downtown Joliet. Can be combined with the US Steel owned site to the north for a total over over 80 developable acres.
Presented by
109 E Ohio St
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