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2501 E Cass St
Joliet, IL 60432
Land & Isa's Hot Dog Stand · Retail Property For Sale
Executive Summary
This property offers a truly unique setup - a fully operating restaurant with an income-producing rental home right behind it, plus additional land ready for development. Situated on a high-traffic road, this location ensures maximum visibility and accessibility. The possibilities are endless: expand the existing business, develop the land for a car lot, automotive shop, retail space, or another commercial venture. With multiple revenue streams already in place, this is a smart opportunity for both investors and entrepreneurs looking to grow in a thriving area. The property generates 4,900 monthly. 3 PINs
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
499 SF
Building Class
C
Year Built
1970
Price
$678,006 CAD
Price Per SF
$1,358.73 CAD
Cap Rate
8.85%
NOI
$59,993 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
1.07 AC
Zoning
C5
Parking
12 Spaces (24.05 Spaces per 1,000 SF Leased)
Frontage
976’ on Mayfair Drive
Property Taxes
| Parcel Number | 15-08-07-301-002 | Improvements Assessment | $11,693 CAD |
| Land Assessment | $19,597 CAD | Total Assessment | $31,291 CAD |
Property Taxes
Parcel Number
15-08-07-301-002
Land Assessment
$19,597 CAD
Improvements Assessment
$11,693 CAD
Total Assessment
$31,291 CAD
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