Commercial Sale

111 Patterson Road, Joliet, Illinois 60436

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Property Description

For sale stands an exceptional commercial building, representing a rare and enticing investment opportunity. Currently zoned under C4, it holds a specialized permit for operation as a tavern. It’s worth noting that in this area Will County has ceased issuing such licenses, rendering this establishment a true gem. The owner’s proactive approach ensured meticulous compliance with all necessary paperwork, securing grandfathered status for the premises. Furthermore, situated in unincorporated Joliet and benefitting from favorable tax rates, the property presents an attractive investment proposition. A standout feature is its impeccable maintenance history. A dedicated team has consistently updated and cared for major components such as air conditioning, heating systems, and roofing, guaranteeing a hassle-free experience for owners. This commitment underscores the reliability and longevity of the asset, making it an even more compelling investment opportunity. With a vibrant tavern occupying the lower level and the potential for up to eight apartments upstairs, this property offers a myriad of revenue streams. Serious investors and those seeking a unique venture are encouraged to delve deeper into this remarkable opportunity, poised to yield both financial returns and long-term value.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : MRD12019761
Price : $399,999
Year Built : 1953
Property Sub Type : Apts/Ofc/Store,Automotive,Apts/Ofc,Apts/Stores,Ofc
Features
Cooling System : Window unit(s), Central Air
Address Map
Country : US
State : IL
County : Will
City : Joliet
Zipcode : 60436
Street : Patterson
Street Number : 111
Street Suffix : Road
Floor Number : 0
Longitude : W89° 54' 54.5''
Latitude : N41° 30' 23.5''
Area : Joliet
MLS Addon
Agent Name : Jose
DaysOnMarket : 185
Directions : i-80 ramp to Indiana, exit 132s for us52 e/ il-53/
FrontageType : Public Road
List Agent Full Name : Jose Mendez-Alvarado
List Agent MLSID : MRD258307
List Office MLSID : MRD25103
List Office Name : RE/MAX Ultimate Professionals
Parcel Number : 3007212120090000
Tax Year : $2,022
Zoning : COMMR
ListAgentLastName : Mendez-Alvarado
Annual Tax Amount : $0
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Status : Pending
PhotosChangeTimestamp : 11/04/2024 16:42:01
Commercial Sale For Sale
  • Listing ID : MRD12019761
$399,999
Agent info
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