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Listed by Joseph Diazof Taylor Street Realty
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Est. payment /mo
4,332 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,332 sqft
MLS Listing ID 12599103
Year Built 1900
Annual Tax Amount $13,016
Tax Year 2023
Lot Dimensions 197.8X187X197.8X187
Property Sub-Type Mixed Use
Property Description
Corner Commercial Property with Residential Income and Operational Electronic Billboard Five-parcel assemblage at Collins Street and Woodruff Road combining a commercial building, yard area, three residential rental units across two separate buildings, and an operational electronic billboard. The approximately 1,500-SF commercial building measures 30x50 feet per township assessor records. Currently used by the owner's roofing business with truck parking and storage, the commercial portion offers an opportunity for a buyer seeking a business location with supporting residential income. Seller is winding down operations; commercial vacancy and possession timing to be coordinated with the sale. The residential buildings contain approximately 1,230 SF and 1,602 SF of living area per township assessor records. The reported rental configuration includes a studio, a two-bedroom unit, and a three-bedroom home, generating approximately $4,200 per month combined. Assessor records also identify a 576-SF garage associated with 1124 Collins Street. The operational electronic billboard provides additional corner visibility, with potential to advertise the buyer's own business or generate revenue through third-party advertising. No current billboard income is represented. Located near the Old Joliet Prison, Downtown Joliet, and regional transportation routes. Seller financing may be considered for qualified buyers. Building areas are approximate and based on township assessor records. Buyer to verify parcel boundaries, total acreage, legal unit count, rents, zoning, permitted uses, outdoor storage and vehicle parking permissions, and billboard permits and advertising rights. Roofing business, vehicles, equipment, and inventory are excluded unless separately agreed in writing.
Location
State IL
County Will
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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