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1738-1740 McDonough St 5,000 SF 100% Leased Office Building Joliet, IL 60436 $1,096,420 CAD ($219.28 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Large Conference Room
  • Fenced parking area
  • Separate entrances to 9 offices - can be an additional leasing space

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $15,162 $3.03
Operating Expenses $7,860 $1.57
Total Expenses $23,022 $4.60

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes (CAD)
Annual $15,162
Annual Per SF $3.03
Operating Expenses (CAD)
Annual $7,860
Annual Per SF $1.57
Total Expenses (CAD)
Annual $23,022
Annual Per SF $4.60

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Office
Building Size
5,000 SF
Building Class
C
Year Built
1970
Price
$1,096,420 CAD
Price Per SF
$219.28 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.14
Lot Size
0.81 AC
Zoning
B-1, Joliet - General Business District
Parking
48 Spaces (9.6 Spaces per 1,000 SF Leased)

ABOUT 1738-1740 MCDONOUGH ST , JOLIET, IL 60436

5,000 sq ft professional office building recently renovated featuring a reception area, 15 private offices (9 with a separate entrance can be suitable for single-suite rentals), large conference room, two storage rooms, eat-in kitchen, lounge area, two single use bathrooms, and an additional bathroom with four stalls. Property includes 48 parking spaces with two front and rear entrances. Favorable B-3 zoning in the City of Joliet. Conveniently located near the I-80/Larkin Avenue interchange. Ideal for professional, medical, or corporate use. Furniture available for purchase.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-07-18-403-012
Land Assessment
$125,854 CAD
Improvements Assessment
$55,159 CAD
Total Assessment
$181,013 CAD
Annual Taxes
$15,162 CAD ($3.03 CAD/SF)
Tax Year
2024 Payable 2024
  • Listing ID: 37494304

  • Date on Market: 2025-08-31

  • Last Updated:

  • Address: 1738-1740 McDonough St, Joliet, IL 60436

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