Joliet, IL Retail Properties For Sale

 5
  • Andrew Gilbert
  • Ryan Sompayrac
  • Clifton McCrory
  • Chris Sands
  • Adam Bridges
  • William Steinman
301 W Black Rd
Shorewood, IL 60404
$5,113,928 USD
10,000 SF
7% Cap Rate
        
10,000 SF
$5,113,928 USD
Daycare Center
 17
  • Nick Ferro
1601 Rock Creek Blvd
Joliet, IL 60431
$699,900 USD
6,900 SF
1 Unit
        
6,900 SF
$699,900 USD
Distribution
 20
  • Reyna Landa
358-368 W Jefferson St
Joliet, IL 60435
$300,000 USD
4,176 SF
        
4,176 SF
$300,000 USD
General Retail
 5
  • Zane McCartney
  • William Caton
247 Brook Forest Ave
Shorewood, IL 60404
$1,300,000 USD
8,663 SF
9.23% Cap Rate
        
8,663 SF
$1,300,000 USD
Storefront Retail Office
 14
  • Gary Daggett
459 N Ottawa St
Joliet, IL 60432
$799,000 USD
12,000 SF
        
12,000 SF
$799,000 USD
Bar
 34
  • Glenn Sharp
1918-1924 Plainfield Rd
Joliet, IL 60403
$650,000 USD
8,346 SF
        
8,346 SF
$650,000 USD
Storefront Retail Office
 9
  • Dan Condon
20620 Burl Ct
Joliet, IL 60433
$1,800,000 USD
19,755 SF
7.53% Cap Rate
        
19,755 SF
$1,800,000 USD
Warehouse
 33
  • Matt McGrath
108 S Larkin Ave
Joliet, IL 60436
$899,900 USD
2,950 SF
        
2,950 SF
$899,900 USD
Auto Repair
 10
  • Scott Briggs
  • Kelly Largent
  • Sarah Martin
2345 S Route 59
Plainfield, IL 60586
$3,209,637 USD
9,960 SF
6.35% Cap Rate
        
9,960 SF
$3,209,637 USD
Daycare Center
 5
  • Chad Lieber
3330 W Mall Loop Dr
Joliet, IL 60431
Price Upon Request
4,521 SF
        
4,521 SF
Price Upon Request
Freestanding
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Joliet Retail Properties For Sale

Joliet, Illinois, with a population of approximately 150,000, offers a unique opportunity for investors to capitalize on the city's rich history, notable people, and appearances in popular culture. Retail Properties in Joliet for sale provide a diverse range of investment options, from small strip centers to large shopping malls. These properties can represent a stable source of income, with a potential for long-term appreciation in value. Joliet's strategic location, approximately 35 miles southwest of Chicago, makes it an attractive destination for businesses and travelers alike. The city's infrastructure, including the Joliet Transportation Center, Pace local bus service, and major highways, provides easy access to the surrounding areas. Additionally, Joliet is home to several institutions, such as Joliet Junior College and the University of St. Francis, which contribute to the city's economic growth. The presence of amenities like the Pilcher Park Nature Center, Louis Joliet Mall, and the Joliet Slammers baseball team at Duly Health and Care Field further enhance the city's appeal.

Joliet's Retail Properties for sale offer a unique blend of history, culture, and entertainment. With 10 available listings, investors can choose from a range of properties that cater to different business needs. The average price per square foot for Retail Properties in Joliet is $193 USD, with an average size of 8,727 square feet. The largest Retail Property available is 19,755 square feet. Shopping Centers, like the Louis Joliet Mall, offer a diverse range of retail options, while Restaurants, such as those in the downtown area, provide a unique dining experience. Office Properties, like those near the Joliet Transportation Center, offer a convenient location for businesses, and Hotels, such as Harrah's hotel and casino, cater to the city's tourist population. Overall, Joliet's Retail Properties for sale present a compelling investment opportunity, with a potential for long-term growth and appreciation in value.

What is the average cap rate for retail properties in Joliet?

When it comes to retail properties in Joliet, investors can expect an average cap rate of 7.53%, which is a key metric to consider when evaluating potential investments. To learn more about how cap rates work and what they mean for your investment, check out our article on what is a cap rate, which provides a comprehensive overview of this important concept.

How do location and foot traffic affect retail property values?

In Joliet, Illinois, the location and foot traffic of a retail property significantly impact its value. Properties situated in high-traffic areas, such as downtown Joliet near the Rialto Square Theatre and Harrah's Casino, or along major highways like Interstate 55 and Interstate 80, tend to have higher values due to increased exposure and accessibility, whereas those in less populated areas may have lower values.

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