368 W Jefferson Street, Joliet, IL 60435 - Photo 1

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$275,000 -$25,000 (-8.33%) Price Reduced

For Sale
Active
Commercial
3,927 Sq. Ft.
Updated 17 hours ago

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Property Description

Phenomenal investment opportunity in the heart of Joliet with thousands of cars passing by daily! This solid brick property with many recent updates is currently split into 3 retail locations. The main location was a former restaurant and offers about 2000 sq ft of space with an open layout and a kitchen area. It also has a huge basement for storage. The other 2 spaces are about 1,000 sq ft each. One is currently occupied and the other is vacant. There is public parking right next to the building. Low taxes and great cash flow opportunity akes this a solid investment opportunity. *SELLER FINANCING AVAILABLE * reach out to agent for more information!

Full Property Details

Full Property Details for 368 W Jefferson St

General

Price: $275,000
Taxes: $5,079 (2022)
Status: Active
Type: Commercial
Source: MRED
MLS ID: 12185997
Updated: 2/11/2025
Added to Site: 125 day(s) ago

Interior

Interior Features: Multi-Tenant, Private Restroom(s), Public Restroom(s), Basement

Additional Information

Security/Safety: Fire Extinguisher(s), Carbon Monoxide Detector(s)

Location

Area: Joliet
County: Will
Township: Joliet
Driving Directions: Collins to Jefferson west to property
Location Details: Central Business District, Corner, Mixed-Use Area, Public Transport Avail, Freestanding/Urban

Heating & Cooling

Cooling Type: Central Air Conditioning, Central Individual
Heating Type: Central Heat/Individual Controls, Forced Air, Gas

Utilities

Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water, Water to Site

Structural Information

Construction: Brick
Exterior Const.: Brick
Foundation: Concrete Perimeter
Roof: Rubber
Stories/Levels: 1
Square Feet: 3,927
Year Built: 1925

Unit Information

# Tenants: 1
Extra Storage Avail: Yes

Lot Features

Lot Size (Sq. Ft.): 4,310
Lot Dimensions: 74 x 60
Frontage: City Street, Public Road
Drainage: Floor Drains
Zoning: RTAIL

Financial Considerations

Lease Price: $12
For Sale/Rent/Lease: For Sale or Rent
Security Deposit: Fire Extinguisher/s, Carbon Monoxide Detector(s)
Assessment Year: 1925
Tax Amount: $5,079
Tax Year: 2022
Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

Property ID: 3007094170160000

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Schools

Schools serving 368 W Jefferson St

School Districts:Joliet Psd 86, Joliet Township High School District 204

Name	Grades	Distance
Pershing Elementary School, Joliet, IL 251 N Midland Ave, Joliet, IL 60435	K-5	1.3 mi
Dirksen Junior High School 203 S Midland Ave, Joliet, IL 60436	6-8	1.4 mi
Joliet Central High School 201 E Jefferson St, Joliet, IL 60432	9-12	0.8 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 368 W Jefferson St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/11/2025

Price Reduced

$275,000

-8.33%

MLS

10/10/2024

Listed

$300,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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368 W Jefferson Street, Joliet, IL 60435 (MLS# 12185997) is a Commercial property. 368 W Jefferson Street is currently listed for $275,000 and was received on October 10, 2024. Want to learn more about 368 W Jefferson Street? Do you have questions about finding other Commercial real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.

368 W Jefferson St Joliet, IL 60435