111 Patterson Road, Joliet, IL 60436

  • $399,999
  • $550,000
111 Patterson Road, Joliet, IL 60436
For Sale
111 Patterson Road, Joliet, IL 60436
  • $399,999
  • $550,000

Overview

Property ID: 21286704
  • Commercial Sale
  • Property Type
  • 1953
  • Year Built

Description

For sale stands an exceptional commercial building, representing a rare and enticing investment opportunity. Currently zoned under C4, it holds a specialized permit for operation as a tavern. It’s worth noting that in this area Will County has ceased issuing such licenses, rendering this establishment a true gem. The owner’s proactive approach ensured meticulous compliance with all necessary paperwork, securing grandfathered status for the premises. Furthermore, situated in unincorporated Joliet and benefitting from favorable tax rates, the property presents an attractive investment proposition. A standout feature is its impeccable maintenance history. A dedicated team has consistently updated and cared for major components such as air conditioning, heating systems, and roofing, guaranteeing a hassle-free experience for owners. This commitment underscores the reliability and longevity of the asset, making it an even more compelling investment opportunity. With a vibrant tavern occupying the lower level and the potential for up to eight apartments upstairs, this property offers a myriad of revenue streams. Serious investors and those seeking a unique venture are encouraged to delve deeper into this remarkable opportunity, poised to yield both financial returns and long-term value.

  • Address 111 Patterson Road
  • City Joliet
  • State/county IL
  • Zip/Postal Code 60436
  • Country United States

Details

Updated on August 25, 2024 at 1:54 am
  • Property ID: 21286704
  • Price: $399,999
  • Year Built: 1953
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: MRD12019761
  • Office Name: RE/MAX ULTIMATE PROFESSIONALS
  • Agent Name: Jose Mendez-Alvarado
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD25103
  • List Agent MLSID: MRD258307
  • List Date: 2024-04-11T16:36:06.000Z
  • Cooling: Central Air,Window Unit(s)
  • Tax Annual: 3188.52
  • Tax Year: 2022
  • County: Will
  • Property SubType: Apts/Ofc/Store,Automotive,Apts/Ofc,Apts/Stores,Ofc/Store

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