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354 N Chicago St 5,987 SF Retail Building Joliet, IL 60432 $699,900 ($116.90/SF) 21.15% Cap Rate
Investment Highlights
- 6,000 SF freestanding retail center - Prime, highly visible Joliet West Side location - Established and thriving Beauty Supply Business
Executive Summary
Exceptional Retail Investment Opportunity
This freestanding 6,000 SF retail center presents an exceptional investment opportunity on Joliet’s bustling West Side. Situated in a prime, highly visible location, the property is home to a well-established and thriving Beauty Supply business, offering excellent exposure and strong long-term growth potential.
Strategically located near major retailers with convenient access to I-80 and I-55, the property benefits from strong visibility, accessibility, and a vibrant commercial environment that attracts both customers and businesses.
Property Highlights
6,000 SF freestanding retail center
Prime, highly visible Joliet West Side location
Established and thriving Beauty Supply business
Roof replaced in 2022
HVAC replaced in 2023
Easy access to I-80 and I-55
Surrounded by major retailers and established commercial activity
Excellent visibility and strong long-term growth potential
Important Note
Business inventory is not included in the sale. The Beauty Supply business is available for purchase separately.
Don’t miss this outstanding opportunity to acquire a highly visible retail property in a strong commercial corridor with an established business presence and significant potential for future growth.
A rare opportunity for investors and owner-users—take advantage of this opportunity today!
This freestanding 6,000 SF retail center presents an exceptional investment opportunity on Joliet’s bustling West Side. Situated in a prime, highly visible location, the property is home to a well-established and thriving Beauty Supply business, offering excellent exposure and strong long-term growth potential.
Strategically located near major retailers with convenient access to I-80 and I-55, the property benefits from strong visibility, accessibility, and a vibrant commercial environment that attracts both customers and businesses.
Property Highlights
6,000 SF freestanding retail center
Prime, highly visible Joliet West Side location
Established and thriving Beauty Supply business
Roof replaced in 2022
HVAC replaced in 2023
Easy access to I-80 and I-55
Surrounded by major retailers and established commercial activity
Excellent visibility and strong long-term growth potential
Important Note
Business inventory is not included in the sale. The Beauty Supply business is available for purchase separately.
Don’t miss this outstanding opportunity to acquire a highly visible retail property in a strong commercial corridor with an established business presence and significant potential for future growth.
A rare opportunity for investors and owner-users—take advantage of this opportunity today!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,987 SF
Building Class
B
Year Built
1970
Price
$699,900
Price Per SF
$116.90
Cap Rate
21.15%
NOI
$148,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.55
Lot Size
0.25 AC
Opportunity Zone
Yes
Parking
14 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
80’ on N Chicago St
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-07-10-300-004 | Improvements Assessment | $73,450 |
| Land Assessment | $26,540 | Total Assessment | $99,990 |
Property Taxes
Parcel Number
30-07-10-300-004
Land Assessment
$26,540
Improvements Assessment
$73,450
Total Assessment
$99,990
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354 N Chicago St