1225 E Washington St - Flex FOR SALE


Joliet, IL 60433
$3,900,000 USD
815-955-9489
1225 E Washington St, Joliet, IL for Sale
$3,900,000 USD
Flex - FOR SALE
1/14
null | Request Cap Rate

1225 E Washington St
Joliet, IL 60433


HIGHLIGHTS

  • Medical Building Possibility
  • Multi tenit Possibility
  • Silver Cross Hospital is 5.4 miles away
  • Interstate 80. 1 mile away
  • Ascension Saint Joseph is 4.9 miles
  • Downtown Joliet 2.1 miles

OVERVIEW

Will County Flex-Industrial Opportunity with Flexible Owner Financing! This impressive 36,500 square foot corporate facility sits on a generous 3.8-acre campus and features an incredibly versatile, high-utility layout. The building is currently configured with 26,000 square feet of modern, two-story corporate office space and 10,500 square feet of functional warehouse space. Engineered for adaptive reuse, the interior can easily be converted back into an open, 30,000+ square foot pure industrial or light manufacturing footprint to fit a single-user’s operational needs. The building is fully equipped with one (1) secure indoor loading dock and one (1) drive-in door, making it an ideal match for regional contractors, trade headquarters, or logistics-adjacent businesses. Situated in an established I-1 zoning district, an owner-operator can immediately capitalize on favorable, low Will County commercial real estate taxes while staying less than 1 mile from Interstate 80. Strategic Value-Add Conversion Potential: With a comprehensive wet sprinkler system, flexible zoning, and an expansive 3.8-acre lot, this property represents a prime, turnkey candidate for conversion into a highly lucrative climate-controlled self-storage facility. Attractive Seller Terms Available: Bypass rising commercial banking interest rates and strict institutional loan committees. The seller will entertain flexible owner-financing or Contract for Deed terms for qualified buyers, offering an accelerated closing timeline to preserve your upfront capital. Don't miss this rare opportunity to acquire a robust, modern industrial asset along the booming I-80 corridor at a per-square-foot cost ($106/SF) drastically below today's steel and concrete replication costs.CONTRACT FOR DEED OPTION OWNER FINANCING IS AVALIBLE.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The High-Impact Contractor / Flex Angle

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Warehouse, Medical, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

1

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.8

LAND SF

165,528

ZONING

C/I

APN/PARCEL ID

30-07-14-200-018

ASK ABOUT THIS PROPERTY

Michael O'DonnellWeb Video RealtyMore Info
815-955-9489

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Michael O'DonnellWeb Video RealtyMore Info
815-955-9489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.