423 N Chicago Street, Joliet, IL 60432

  • $599,500
  • $599,500
423 N Chicago Street, Joliet, IL 60432
  • Commercial Sale
  • Property Type
  • 1947
  • Year Built
For Sale
423 N Chicago Street, Joliet, IL 60432
  • $599,500
  • $599,500

Overview

Property ID: 23560644
  • Commercial Sale
  • Property Type
  • 1947
  • Year Built

Description

10,874 Sq Ft Brick and Stone Building in Downtown Joliet that is walking distance to the Will County Annex Building. This building is known as the Munroe Hatchery Building. There are two parcel numbers, one is for the building and the other is for the vacant lot that is used for parking, directly to the North of the Building. The building and vacant lot are both currently zoned B-3 (General Business District) which provides many uses and possibilities. There is a ceramic tile entry foyer with access to the 2 units, and a hallway that leads to a door to the first floor shop area and a stairway that leads to the second floor. Currently the building is occupied by 2 business. One tenant is an event and party planner which occupies the office space on the south side. The finished office space is 27 x 39 and includes a private bathroom and storage closet. The unit has 13 foot ceilings and this unit has a its own furnace and central air conditioning. Unit#2 occupant is J Pearson Heating which occupies office space and the 1st and 2nd second floor shop and storage areas. This unit has two offices one is 14 x 14 the other is 12 x 14 with laminate flooring and 13 ft ceilings. There is a door that leads to the shop area from the offices where there is a bathroom for this unit. There is an overhead door for the shop area and the 2nd floor is currently used for storage which would be ideal for residential apartments. In Unit#2 there is a furnace and central conditioning for the office space, and then separate furnace and central air conditioning for the 1st floor shop area.There is a freight elevator that goes to the second floor. The second floor has concrete floors. The building is in the Opportunity Zone, in addition I have attached under additional information Business Development Programs from the City of Joliet Economic Development Department for programs available for funding including City Center Service Area, TIF Redevelopment Grants, Enterprise Zone and more. The first floor front windows are newer and there are new windows that match for the front second floor, which will stay with the building. In addition, there are 2 furnaces and central air units that are not installed that will stay with the building as well for the second floor. Great Opportunity with many uses. The second floor has concrete floors. Roof New in 2020. The first floor could accommodate indoor parking. In addition to the garage overhead door there is a service door at the back of the building on the first floor and a rear service door and outdoor stairs from the second floor. There is a bathroom on the second floor.

  • Address 423 N Chicago Street
  • City Joliet
  • State/county IL
  • Zip/Postal Code 60432
  • Country United States

Details

Updated on August 21, 2024 at 1:46 am
  • Property ID: 23560644
  • Price: $599,500
  • Land Area: 0.21 Acres
  • Year Built: 1947
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 10874
  • MLS#: MRD11999736
  • Office Name: DOW REALTY
  • Agent Name: Thomas Mulvey
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD71901
  • List Agent MLSID: MRD700119
  • List Date: 2024-03-14T15:02:07.000Z
  • Roof: Membrane
  • Cooling: Central Air
  • Tax Annual: 7055.81
  • Tax Year: 2023
  • Flooring: Concrete,Other
  • County: Will
  • Property SubType: Other

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