20620 Burl Ct - Warehouse FOR SALE


Joliet, IL 60433
$2,200,000 USD
708-710-0267
20620 Burl Ct, Joliet, IL for Sale
$2,200,000 USD
Warehouse - FOR SALE
1/31
null | 7.7% Cap Rate

NEW


20620 Burl Ct
Joliet, IL 60433


HIGHLIGHTS

  • Gated Yard Space, Gantry Crane, Overhead doors, Office spaces, Industrial Spaces, Industrial Zoned

OVERVIEW

Seize the opportunity to own a prime mixed-use office and warehouse property situated on a spacious 1.93-acre industrial zoned lot, near the Cherry Hill Business Park. The property includes a move in ready approximately 3,700 sq ft unit (easily expandable to almost 5,000 sq ft) that is currently vacant and ready for immediate occupancy, featuring two overhead doors (14'x12' and 10'x10'), an impressive 18' ceiling, and a gantry crane system with a 1-ton lifting capacity. A dedicated approximately 600 sq ft office space overlooks the warehouse/shop area, creating an efficient and functional workspace. The expansive yard area supports a wide range of industrial operations such as construction, landscape, vehicle repair or towing and the property is zoned I-1 (Industrial). Overall building features include a total of 12 units, with 10 currently leased, offering strong existing cash flow. Additional notable qualities include six overhead doors, one recessed loading dock, and ample on-site parking for tenants and visitors. Well maintained and strategically located just over one mile from I-80, the property provides excellent accessibility for transportation and logistics. With a mix of office and warehouse spaces, steady rental income, and room for future growth, this property presents a compelling opportunity for investors or owner-users seeking a versatile commercial asset. Don't miss the chance to capitalize on this income-producing property in Joliet's active commercial market.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

UTILITIES

Lighting, Gas - Natural, Water - Well, Sewer - Septic Field, Heating - Gas

CLEAR CEILING HT

15 Ft

DOCKS

1

DRIVE INS

6

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.93

LAND SF

84,071

ZONING

I-1 Will County

APN/PARCEL ID

15-08-18-302-001,15-08-18-302-002

ASK ABOUT THIS PROPERTY

Dan CondonCentury 21 Pride RealtyMore Info
708-710-0267

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Dan CondonCentury 21 Pride RealtyMore Info
708-710-0267

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