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Infantry Business Centre 13-17 Fairlane Dr 4,585 SF 100% Leased Office Building Joliet, IL 60435 $435,000 ($94.87/SF)
Investment Highlights
- Close proximity to I-80, 30 minutes to downtown, and 1 hour to O’Hare & Midway.
- 68.57% occupied
- Roof shingles replaced in 2021.
Executive Summary
Great potential for an owner-occupied property, or local property owner. Good parking and existing tall monument sign. Two tenants (3,539/SF) and one vacant (1,622/SF). Leases run through 2026 and 2032.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,585 SF
Building Class
C
Year Built
1960
Price
$435,000
Price Per SF
$94.87
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,585 SF
Slab To Slab
9’
Building FAR
0.24
Lot Size
0.43 AC
Parking
30 Spaces (6.54 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 05-06-12-414-016 | Improvements Assessment | $81,860 |
| Land Assessment | $41,126 | Total Assessment | $122,986 |
Property Taxes
Parcel Number
05-06-12-414-016
Land Assessment
$41,126
Improvements Assessment
$81,860
Total Assessment
$122,986
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Infantry Business Centre | 13-17 Fairlane Dr
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