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3340 Mall Loop Dr
Joliet, IL 60431
Sears · Retail Property For Sale

Executive Summary

CBRE is pleased to present, as the exclusive advisor, the opportunity to acquire a 100% fee simple interest in 3340 Mall Loop Drive. The Property is on ±16.7 acres with a ±189,797 square foot, twostory, former Sears building and a ±23,809 square foot auto center, connected to the southwest end of Louis Joliet Mall. Located in Joliet, Illinois, a southwest suburb of Chicago in Will County, the Property presents a tremendous opportunity for future investors to acquire and re-tenant the existing building or redevelop the site to an alternative use.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
204,629 SF
Building Class
B
Year Built
1987
Tenancy
Single
Building Height
2 Stories
Building FAR
0.28
Lot Size
16.70 AC
Zoning
B-2
Parking
1,227 Spaces (5.74 Spaces per 1,000 SF Leased)

Sustainability

Energy Star Certified
77
ENERGY STAR certified buildings save energy and help protect the environment.

Sustainability

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

Property Taxes

Property Taxes

Parcel Number
06-03-26-200-007
Land Assessment
$224,367
Improvements Assessment
$730,568
Total Assessment
$954,935
  • Listing ID: 29758686

  • Date on Market: 10/11/2023

  • Last Updated:

  • Address: 3340 Mall Loop Dr, Joliet, IL 60431

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