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Joliet Office Building

251 North Center Street Joliet, IL 60435

251 North Center Street, Joliet, IL, 60435
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FOR SALE
Property Type:
Single Tenant Office
Amount:
$1,304,240
Last Verified:
Aug 05, 2024

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Highlights

  • - 16,303 SF office building
  • - Built in 1932, offering historic charm
  • - Zoned B-1, Neighborhood Business
  • - Prime location in the Joliet area
  • - Ideal for office or office building investment
  • - Spacious interior layout for versatile use
  • - Well-maintained and structurally sound
  • - Ample parking for tenants and visitors

Description

Introducing 251 North Center Street, a prime opportunity for office building users or investors. This property boasts 16,303 SF of office building, providing ample space for customization. Includes two lots across Center St for additional parking. Built in 1932, it exudes timeless charm. Zoned B-1, Neighborhood Business in the City of Joliet. Building consists of 21 private offices, 3 large flex spaces, a commercial kitchen and a fully finished basement with elevator. Ideally located in the Joliet area, this property presents a rare chance to invest in a versatile and well-positioned office space. Don't miss out on the potential of this remarkable asset.

Situated in the heart of Joliet, this bustling area offers a diverse array of amenities and attractions that cater to professionals and employees alike. The bustling city center is home to a variety of dining options to suit all tastes, along with a vibrant arts and cultural scene. Nearby points of interest include the Rialto Square Theatre, a historic venue hosting a range of events, and the Joliet Area Historical Museum, celebrating the city's rich heritage. With convenient access to major highways and public transportation, the location provides an ideal blend of urban amenities and suburban ease, making it a prime choice for office building investors.


Year Built: 1932
Building Size: 16303sq ft
Building Class: B
Lot Size: 1.35 acres


Documents

CBC - Brochure (P)

Map of 251 North Center Street, Joliet, IL, 60435

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.