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20604 Burl Ct 5,500 SF 100% Leased Industrial Building Joliet, IL 60433 $2,750,000 ($500/SF) 6.98% Cap Rate
EXECUTIVE SUMMARY
Prime Truck Repair Facility – Joliet, IL
Industrial Investment Opportunity
Offering Details:
Asking Price: $2,750,000
Net Operating Income (NOI): $192,000
Cap Rate: 7.00%
5-year Lease Starts July 1st 2025
NNN
Annual Rent Escalation: 3.5% (17.5% total over lease term)
Strong Cash-Flowing Asset
This fully equipped truck repair facility offers a rare chance to acquire a high-performance industrial property in Joliet, with direct visibility from Interstate 80
The property combines excellent functionality with unbeatable location advantages in a heavy industrial corridor.
Owner Financing Available:
30% down payment
20-year amortization
6.25% interest rate
Property Highlights:
Building Size: 5,500 SF (freestanding industrial facility)
Lot Size: 1.25 Acres – fully fenced, lit, and secured yard
Zoning: Industrial
Visibility: Excellent signage exposure to I-80 traffic
Unincorporated Will county
Interior Features
Office Space: 1,000 SF
Office Mezzanine: 100 SF
Kitchen & Restroom
Separate restroom with shower
Warehouse Features
(2) Oversized drive-through overhead doors (14.5' x 18')
3-Phase Power – supports heavy-duty repair equipment
Clear span layout – ideal for truck maintenance operations
Industrial Investment Opportunity
Offering Details:
Asking Price: $2,750,000
Net Operating Income (NOI): $192,000
Cap Rate: 7.00%
5-year Lease Starts July 1st 2025
NNN
Annual Rent Escalation: 3.5% (17.5% total over lease term)
Strong Cash-Flowing Asset
This fully equipped truck repair facility offers a rare chance to acquire a high-performance industrial property in Joliet, with direct visibility from Interstate 80
The property combines excellent functionality with unbeatable location advantages in a heavy industrial corridor.
Owner Financing Available:
30% down payment
20-year amortization
6.25% interest rate
Property Highlights:
Building Size: 5,500 SF (freestanding industrial facility)
Lot Size: 1.25 Acres – fully fenced, lit, and secured yard
Zoning: Industrial
Visibility: Excellent signage exposure to I-80 traffic
Unincorporated Will county
Interior Features
Office Space: 1,000 SF
Office Mezzanine: 100 SF
Kitchen & Restroom
Separate restroom with shower
Warehouse Features
(2) Oversized drive-through overhead doors (14.5' x 18')
3-Phase Power – supports heavy-duty repair equipment
Clear span layout – ideal for truck maintenance operations
PROPERTY FACTS
| Price | $2,750,000 | Lot Size | 1.50 AC |
| Price Per SF | $500 | Rentable Building Area | 5,500 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.98% | Year Built | 1985 |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | ||
| Zoning | Industrial - Unincorporated Will County. I-1 zoning. | ||
| Price | $2,750,000 |
| Price Per SF | $500 |
| Sale Type | Investment NNN |
| Cap Rate | 6.98% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.50 AC |
| Rentable Building Area | 5,500 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Clear Ceiling Height | 24’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Industrial - Unincorporated Will County. I-1 zoning. |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Floor Drains
- Security System
- Signage
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
1 1
PROPERTY TAXES
| Parcel Number | 15-08-18-302-006 | Improvements Assessment | $40,871 |
| Land Assessment | $15,206 | Total Assessment | $56,077 |
PROPERTY TAXES
Parcel Number
15-08-18-302-006
Land Assessment
$15,206
Improvements Assessment
$40,871
Total Assessment
$56,077
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20604 Burl Ct
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