Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

20620 Burl Ct 21,290 SF 83% Leased Industrial Building Joliet, IL 60433 $3,009,160 CAD ($141.34 CAD/SF) 7.70% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Gated Yard Space, Gantry Crane, Overhead doors, Office spaces, Industrial Spaces, Industrial Zoned

EXECUTIVE SUMMARY

Seize the opportunity to own a prime mixed-use office and warehouse property situated on a spacious 1.93-acre industrial zoned lot, near the Cherry Hill Business Park. The property includes a move in ready approximately 3,700 sq ft unit (easily expandable to almost 5,000 sq ft) that is currently vacant and ready for immediate occupancy, featuring two overhead doors (14'x12' and 10'x10'), an impressive 18' ceiling, and a gantry crane system with a 1-ton lifting capacity. A dedicated approximately 600 sq ft office space overlooks the warehouse/shop area, creating an efficient and functional workspace. The expansive yard area supports a wide range of industrial operations such as construction, landscape, vehicle repair or towing and the property is zoned I-1 (Industrial). Overall building features include a total of 12 units, with 10 currently leased, offering strong existing cash flow. Additional notable qualities include six overhead doors, one recessed loading dock, and ample on-site parking for tenants and visitors. Well maintained and strategically located just over one mile from I-80, the property provides excellent accessibility for transportation and logistics. With a mix of office and warehouse spaces, steady rental income, and room for future growth, this property presents a compelling opportunity for investors or owner-users seeking a versatile commercial asset. Don't miss the chance to capitalize on this income-producing property in Joliet's active commercial market.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,009,160 CAD
Price Per SF $141.34 CAD
Sale Type Investment or Owner User
Cap Rate 7.70%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Repair
  • Industrial Service
Building Class C
Lot Size 1.93 AC
Rentable Building Area 21,290 SF
No. Stories 2
Year Built 1977
Parking Ratio 2.35/1,000 SF
Clear Ceiling Height 15’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 6
Zoning I-1 Will County - Industrial I-1 Will County

AMENITIES

  • Fenced Lot
  • Signage
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - Well
  • Sewer - Septic Field
  • Heating - Gas

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl - 208
  • 880 SF
  • Industrial
  • Full Build-Out
  • Now

Updated Commercial Office Space, Move-In Ready! Looking for an affordable and professional space to grow your business? This updated, move-in ready 2nd floor office suite is the perfect fit! Featuring three separate rooms, this unit is ideal for private offices, client meetings, or team collaboration. The space features: three private office rooms, shared restrooms, low monthly rent, fresh updates throughout, convenient highway access, furnished and move-in ready. Centrally located just off the highway Interstate 80, this office provides easy access for clients and employees alike. Don't miss out on this conveniently located commercial space, perfect for startups, professionals, or growing businesses. Schedule a tour today and secure your new office!

Space Size Space Use Condition Available
2nd Fl - 208 880 SF Industrial Full Build-Out Now

2nd Fl - 208

Size
880 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

2nd Fl - 208

Size 880 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Updated Commercial Office Space, Move-In Ready! Looking for an affordable and professional space to grow your business? This updated, move-in ready 2nd floor office suite is the perfect fit! Featuring three separate rooms, this unit is ideal for private offices, client meetings, or team collaboration. The space features: three private office rooms, shared restrooms, low monthly rent, fresh updates throughout, convenient highway access, furnished and move-in ready. Centrally located just off the highway Interstate 80, this office provides easy access for clients and employees alike. Don't miss out on this conveniently located commercial space, perfect for startups, professionals, or growing businesses. Schedule a tour today and secure your new office!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-08-18-302-002
Land Assessment
$27,090 CAD (2024)
Improvements Assessment
$251,662 CAD (2024)
Total Assessment
$278,752 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 38911322

  • Date on Market: 2025-12-27

  • Last Updated:

  • Address: 20620 Burl Ct, Joliet, IL 60433

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}