Presenting 323 Springfield Ave, Joliet, a well-maintained 4,500-square-foot all-brick commercial building offering an excellent investment opportunity. The property consists of two commercial units, both occupied by long-term tenants, providing stable and reliable rental income. Built for durability, the building features a new roof installed in 2017 and a low-maintenance all-brick exterior. The site also offers approximately 30 parking spaces, providing ample convenience for tenants and their customers. Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset, this property offers strong fundamentals with established tenancy, generous parking, and a highly durable structure.
| Listing Id: | 12726003 |
|---|---|
| List Price: | $575,000 |
| Property Type: | Commercial Sale |
| Property Type: | Office/Tech |
| Status: | Active |
| Parking On Site: | No |
| Tax Annual Amount: | $9,675 |
| Lot Size Square Feet: | 17,500 |
| City: | Joliet |
| County Or Parish: | Will |
| Postal Code: | 60435 |
| Year Built: | 1978 |
| Total # Units In Building: | 2 |
| Basement: | false |
| Building Area Total: | 4560 |
| Construction Materials: | Brick |
| Cooling: | Central Air |
| Directions: | West on Jefferson, Left on Springfield Ave. Building is on left. |
| Electric: | Circuit Breakers |
| Gross Income: | $63,000 |
| Gross Scheduled Income: | $63,000 |
| Leasable Area: | 4,560 |
| Lot Size Dimensions: | 100x175 |
| MLS Area Major: | Joliet |
| Approximate Age: | 36-50 Years |
| Agent Owned/Interest (Y/N): | Yes |
| Built Before 1978 (Y/N): | No |
| # Of Drive In Doors: | 0 |
| Expense Year: | 2025 |
| Extra Storage Spaces Available (Y/N): | No |
| Fire Protection: | Fire Extinguisher/s, Sprinklers-Wet |
| Geographic Locale: | South Suburban, Southwest Suburban |
| Heat/Ventilation: | Forced Air, Gas |
| Information: | 24-Hr Notice Required, List Broker Must Accompany |
| Location: | Central Business District |
| List Price Per Sf: | 63.05 |
| Market Code: | Active |
| Min Avail Sq Ft (Rentable): | 4560 |
| # Of Tl Docks: | 0 |
| Outdoor Parking: | 19-30 Spaces |
| Property Offered: | For Sale Only |
| # Of Tenants: | 2 |
| Update Date: | 2026-08-12T05:05:37 |
| Unit Square Footage: | 4560 |
| Net Operating Income: | $38,000 |
| Operating Expense: | $25,000 |
| Original List Price: | $575,000 |
| Parcel Number: | 3007073010780000 |
| Possession: | Closing |
| State Or Province: | IL |
| Stories: | 1 |
| Tax Year: | 2025 |
| Township: | Joliet |
| Actual Status: | Active |
Listing Courtesy of: Latitude Realty
Listing Agent: Mindy Rampa
815-641-9865
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Information deemed reliable but not guaranteed.
Midwest Real Estate Data LLC data last updated on October 08, 2026 04:15 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 04:15 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 08, 2026 04:15 PM - CT
