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Post Office Plaza 150 N Scott St 26,000 SF 100% Leased Office Building Joliet, IL 60432 $1,744,900 CAD ($67.11 CAD/SF) 2% Cap Rate
INVESTMENT HIGHLIGHTS
- National Register of Historic Places - over 20,000SF available
- 12' and 16' ceilings
- US Postal Service tenant
- Architectural details of marble, bronze, wood, hand plastering
- ADA ramp and elevator
- On-Stie parking
EXECUTIVE SUMMARY
20,000 SF plus 5,000SF basement. Large dock access. Approx. 9,000SF open span for storage or light filled work area. 12' and 16' ceilings. Two walk in vaults and much more. On-site parking and adjacent public garage.
One current tenant USPS substation.
On Rt 53 in Historic Downtown Joliet, IL. Two short blocks to Metra Rail Station to Chicago LaSalle Street Station and Union Station, and upcoming high speed rail - Chicago to Springfield, IL.
Short walk to Will County Courts, City, County & State Government offices, new Joliet Junior College Downtown campus, University of St. Francis, Rialto Theater, and Harrah's Joliet Casino Hotel.
Cap Rate based on estimates. 90 percent of the building is vacant, ready for you to develop, update or use.
Call Rudy for a tour.
One current tenant USPS substation.
On Rt 53 in Historic Downtown Joliet, IL. Two short blocks to Metra Rail Station to Chicago LaSalle Street Station and Union Station, and upcoming high speed rail - Chicago to Springfield, IL.
Short walk to Will County Courts, City, County & State Government offices, new Joliet Junior College Downtown campus, University of St. Francis, Rialto Theater, and Harrah's Joliet Casino Hotel.
Cap Rate based on estimates. 90 percent of the building is vacant, ready for you to develop, update or use.
Call Rudy for a tour.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$34,898
|
$1.34
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $34,898 |
| Annual Per SF | $1.34 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
26,000 SF
Building Class
C
Year Built/Renovated
1903/1997
Price
$1,744,900 CAD
Price Per SF
$67.11 CAD
Cap Rate
2%
NOI
$34,898 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,000 SF
Slab To Slab
15’
Building FAR
0.60
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
B-2 - B-2
Parking
40 Spaces (1.54 Spaces per 1,000 SF Leased)
ABOUT 150 N SCOTT ST , JOLIET, IL 60432
Former Federal building. Historic Neo-Classical architectural gem. Ornate formal lobby with marble wainscoting, mosaic flooring, hand plastering. 20,000 SF plus 5,000SF basement. Large dock access. Approx. 9,000SF open span for storage or light filled work area. 12' and 16' ceilings.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- US Postal Service
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| US Postal Service | - | - | - | - |
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 30-07-10-320-005 | Improvements Assessment | $113,701 CAD |
| Land Assessment | $93,118 CAD | Total Assessment | $206,819 CAD |
PROPERTY TAXES
Parcel Number
30-07-10-320-005
Land Assessment
$93,118 CAD
Improvements Assessment
$113,701 CAD
Total Assessment
$206,819 CAD
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Post Office Plaza | 150 N Scott St
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