Joliet, IL 60435 114 N Larkin Avenue
$650,000
7 more
Presented By: Coldwell Banker Commercial Real Estate Group
SQFT • 8,568
Home Details
This 8,200 SF retail strip center presents a high-visibility investment opportunity on Joliet's bustling west side. The center features a stable mix of local tenants, anchored by a 4,000 SF bicycle sales and repair shop. This anchor space offers unique flexibility: the owner is willing to relocate to accommodate a new user if necessary. With its prime position near major retailers like, and easy access to I-80/I-55, this property is perfectly situated for long-term growth and immediate cash flow.
Presented By: Coldwell Banker Commercial Real Estate Group
General for 114 N Larkin Avenue
Additional Parcels Y/NNo
Assoc Fee Paid PerNot Applicable
Business TypeRetail
Cap Rate5.5
CityJoliet
Construction MaterialsBrick
ContingencyFinancing
CoolingCentral Air
CountyWill
Current UseCommercial
DirectionsRte 7/Larkin Ave to Oneida St
ElectricCircuit Breakers, Separate Meters
Gross Income75000
Leasable Area8200
Lot Size Square Feet25700
MLS AreaJoliet
Net Operating Income75000
Number Of Units Total4
Operating Expense39266
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive Under Contract
StatusContingent
Stories Count1
Tax Annual Amount16752
Tax Year2024
Tenant PaysVaries by Tenant
TownshipJoliet
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected
Year Built1964
ZoningCOMMR
Exterior for 114 N Larkin Avenue
Building Area Total8568
BuyerOfficeFax(866) 376-8108
Frontage TypeCity Street
Lot Dimensions185x156
Water SourceMunicipal Water
Additional Details
Price History
