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Former Burger King Restaurant 2625 Rock Creek Blvd 3,146 SF Retail Building Joliet, IL 60431 $1,675,104 CAD ($532.46 CAD/SF)



INVESTMENT HIGHLIGHTS
- High visibility hard corner Lot w/ former Burger King Restaurant....
- Adjacent to Rock Run Business Park....
- Direct access to I'80 north/south access points...
- Fully signalized w/over 14,300 VPD....Improved ingress/egress...
- Holiday Inn & Suites, Candlewood Suites, Comfort Inn, Fairfield Inn, Hampton Inn, Townplace Suites....
EXECUTIVE SUMMARY
Property had been used as a Burger King Restaurant since construction in 1998 until its recent closure. The building is 3,146 sf and is on almost an acre Lot. It sits at the fully signalized NW corner of Houbolt Road and Rock Creek Boulevard at the entrance to the Rock Run Business Park. It has many commercial, distribution and professional businesses, hotels (Holiday Inn & Suites, Candlewood Suites, Comfort Inn, Fairfield Inn, Hampton Inn, Townplace Suites) , Joliet Community College and large concentration of residential homes. It is just off N/S I'80 Highway and close to all services in the area. Traffic counts for the property exceed 14,300 VPD and is expected to grow since improvements in traffic flow patterns have been improved with substantial roadway construction completed.. This location is excellent for National or Regional restaurant or services sector brands. Seller is encouraging all offers......
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$33,781
|
$10.74
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$33,781
|
$10.74
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $33,781 |
| Annual Per SF | $10.74 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $33,781 |
| Annual Per SF | $10.74 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,146 SF
Building Class
C
Year Built
1998
Price
$1,675,104 CAD
Price Per SF
$532.46 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.97 AC
Zoning
Commercial - Business commercial
Frontage
211’ on Rock Creek Blvd
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-06-23-301-007 | Total Assessment | $369,803 CAD (2024) |
| Land Assessment | $199,337 CAD (2024) | Annual Taxes | $33,781 CAD ($10.74 CAD/SF) |
| Improvements Assessment | $170,466 CAD (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
05-06-23-301-007
Land Assessment
$199,337 CAD (2024)
Improvements Assessment
$170,466 CAD (2024)
Total Assessment
$369,803 CAD (2024)
Annual Taxes
$33,781 CAD ($10.74 CAD/SF)
Tax Year
2023 Payable 2024
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Presented by
Tri-County Property Management & Sales LLC
Former Burger King Restaurant | 2625 Rock Creek Blvd
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