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20620 Burl Ct 21,290 SF 100% Leased Industrial Building Joliet, IL 60433 $2,200,000 ($103.33/SF) 7.70% Cap Rate



Investment Highlights
- Gated Yard Space, Gantry Crane, Overhead doors, Office spaces, Industrial Spaces, Industrial Zoned
Executive Summary
Seize the opportunity to own a prime mixed-use office and warehouse property situated on a spacious 1.93-acre industrial zoned lot, near the Cherry Hill Business Park. The property includes a move in ready approximately 3,700 sq ft unit (easily expandable to almost 5,000 sq ft) that is currently vacant and ready for immediate occupancy, featuring two overhead doors (14'x12' and 10'x10'), an impressive 18' ceiling, and a gantry crane system with a 1-ton lifting capacity. A dedicated approximately 600 sq ft office space overlooks the warehouse/shop area, creating an efficient and functional workspace. The expansive yard area supports a wide range of industrial operations such as construction, landscape, vehicle repair or towing and the property is zoned I-1 (Industrial). Overall building features include a total of 12 units, with 10 currently leased, offering strong existing cash flow. Additional notable qualities include six overhead doors, one recessed loading dock, and ample on-site parking for tenants and visitors. Well maintained and strategically located just over one mile from I-80, the property provides excellent accessibility for transportation and logistics. With a mix of office and warehouse spaces, steady rental income, and room for future growth, this property presents a compelling opportunity for investors or owner-users seeking a versatile commercial asset. Don't miss the chance to capitalize on this income-producing property in Joliet's active commercial market.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Amenities
- Fenced Lot
- Signage
- Air Conditioning
Utilities
- Lighting
- Gas - Natural
- Water - Well
- Sewer - Septic Field
- Heating - Gas
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Property Taxes
| Parcel Numbers | Total Assessment | $217,362 (2024) | |
| Land Assessment | $33,327 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $184,035 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$33,327 (2024)
Improvements Assessment
$184,035 (2024)
Total Assessment
$217,362 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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20620 Burl Ct
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