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3230 Executive Dr
Joliet, IL 60435
Office Property For Sale
Investment Highlights
- 8,007 SF Building
- Zoned R-B
- Three + Leaseable Spaces
- 100% Occupied
Executive Summary
Presenting a prime commercial opportunity at 3230 Executive Drive, Joliet, IL, 60435. This impeccably maintained 8,007 SF office building, constructed in 1996, offers three separate units ideal for office space with the ability to divide further. Zoned R-B, this property represents a sound investment in the thriving Joliet area. With 100% occupancy, investors can capitalize on a steady income stream from day one. The prime location coupled with the property's strong rental history makes it an attractive option for discerning office building investors seeking a turnkey opportunity in a sought-after market.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Building Size
8,007 SF
Building Class
C
Year Built
1996
Price
$875,000
Price Per SF
$109.28
Cap Rate
5.32%
NOI
$46,547
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,007 SF
Building FAR
0.25
Lot Size
0.75 AC
Zoning
R-B - Restricted Business
Parking
40 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 05-06-02-402-003 | Improvements Assessment | $224,030 |
| Land Assessment | $72,823 | Total Assessment | $296,853 |
Property Taxes
Parcel Number
05-06-02-402-003
Land Assessment
$72,823
Improvements Assessment
$224,030
Total Assessment
$296,853
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