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Investment Highlights

  • Medical Building Possibility
  • Silver Cross Hospital is 5.4 miles away
  • Ascension Saint Joseph is 4.9 miles
  • Multi tenit Possibility
  • Interstate 80. 1 mile away
  • Downtown Joliet 2.1 miles

Executive Summary

Will County Flex-Industrial Opportunity with Flexible Owner Financing!
This impressive 36,500 square foot corporate facility sits on a generous 3.8-acre campus and features an incredibly versatile, high-utility layout. The building is currently configured with 26,000 square feet of modern, two-story corporate office space and 10,500 square feet of functional warehouse space. Engineered for adaptive reuse, the interior can easily be converted back into an open, 30,000+ square foot pure industrial or light manufacturing footprint to fit a single-user’s operational needs.
The building is fully equipped with one (1) secure indoor loading dock and one (1) drive-in door, making it an ideal match for regional contractors, trade headquarters, or logistics-adjacent businesses. Situated in an established I-1 zoning district, an owner-operator can immediately capitalize on favorable, low Will County commercial real estate taxes while staying less than 1 mile from Interstate 80.
Strategic Value-Add Conversion Potential:
With a comprehensive wet sprinkler system, flexible zoning, and an expansive 3.8-acre lot, this property represents a prime, turnkey candidate for conversion into a highly lucrative climate-controlled self-storage facility.
Attractive Seller Terms Available:
Bypass rising commercial banking interest rates and strict institutional loan committees. The seller will entertain flexible owner-financing or Contract for Deed terms for qualified buyers, offering an accelerated closing timeline to preserve your upfront capital.
Don't miss this rare opportunity to acquire a robust, modern industrial asset along the booming I-80 corridor at a per-square-foot cost ($106/SF) drastically below today's steel and concrete replication costs.CONTRACT FOR DEED OPTION OWNER FINANCING IS AVALIBLE.

Property Facts

Price $3,900,000
Price Per SF $106.85
Sale Type Owner User
Property Type
Flex
  • Industrial Warehouse
  • Office Medical
  • FlexLight Distribution
Building Class B
Lot Size 3.80 AC
Rentable Building Area 36,500 SF
No. Stories 2
Year Built/Renovated 1968/2010
Parking Ratio 2.74/1,000 SF
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning C/I - I-1

Amenities

  • Bio-Tech/ Lab Space
  • Commuter Rail
  • Conferencing Facility
  • Courtyard
  • Fitness Center
  • Security System
  • Storage Space
  • Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
30-07-14-200-018
Land Assessment
$29,432
Improvements Assessment
$331,159
Total Assessment
$360,591
  • Listing ID: 21685891

  • Date on Market: 12/7/2020

  • Last Updated:

  • Address: 1225 E Washington St, Joliet, IL 60433

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