1350 S Briggs St - Health Club FOR SALE


Joliet, IL 60433
$2,900,000 USD
815-730-1900
1350 S Briggs St, Joliet, IL for Sale
$2,900,000 USD
Health Club - FOR SALE
1/18
null | Request Cap Rate

1350 S Briggs St
Joliet, IL 60433


HIGHLIGHTS

  • Development Potential, Great Signage and Location
  • Minutes to I-80 and Silver Cross Medical Center
  • Residential Possible behind the building property can be divided

OVERVIEW

Former YMCA Building located on L-Shaped parcel that is 26.55 acres and zoned R-B, with 512 feet of frontage on Briggs Street. The building is 29,635 square feet and a one story frame structure with insulated corrugated steel and face brick veneer exterior walls, thermal pane windows and double doors and a combination of standing seam metal and minimally pitched multi-ply membrane roofing system. There is a cafe area with kitchen, multiple basketball courts in a large gymnasium, an exercise room, various meeting rooms, children's area/nursery, and restrooms and locker/changing rooms with a indoor swimming pool. The building is heated and cooled by rooftop HVAC units. The property includes an asphalt pave parking lot. The property is in the City limits of Joliet and zoned R-B Restricted Business, permitted uses include, Medical Offices, Business Clubs and fraternal lodge halls, to name a few and residential with a special use permit. Seller is willing to divide the property into two parcels one that includes the building and another that would include the vacant property for development. Property located on the East Boarder of Joliet/West Boarder of New Lenox and minutes to I-80 Ramp and new Briggs Street Ramp Construction and 15 minutes to the New Silver Cross Hospital

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

26.67 AC

LAND SF

1,161,745 SF

ZONING

R-B

APN/PARCEL ID

30-07-24-300-035

ASK ABOUT THIS PROPERTY

Thomas MulveyDow Realty, Inc.More Info
815-730-1900

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Thomas MulveyDow Realty, Inc.More Info
815-730-1900

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