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Investment Highlights

  • Value Add Opportunity
  • High Traffic Counts
  • Strategic Retail Location
  • Strong Demographics

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a vacant parcel of land (development site) located at 500 S Chicago Street in Joliet, Illinois (the “Property”). The Property is comprised of a 28,795 square foot parcel of land (0.66 acres). The Property is adjacent to a retail plaza and single tenant Dunkin’ and offers approximately 220 feet of frontage along S Chicago Street and approximately 245 feet of frontage along S Eastern Avenue. The Property is zoned B-3 (Business District). The Property is strategically positioned at the intersection of 5th Avenue, S Eastern Avenue and Chicago Street (US Route 52), the area’s primary commercial and commuter corridor. The site benefits from its proximity to major traffic drivers, including Dunkin’, and is just 0.7 miles from E Jefferson Street and Downtown Joliet and is convenient to a mix of national and local retailers and restaurants that generate consistent consumer activity. The Property is also located along a municipal bus route, enhancing accessibility for commuters and visitors. Surrounded by established residential neighborhoods, and convenient to apartment communities, area schools, and Joliet Junior College, the site benefits from a built-in and stable customer base. Additionally, the Property offers convenient access to key regional transportation routes, including US Route 52, US Route 6, US Route 30, Illinois Route 7, and Illinois Route 53, as well as Interstate 80, providing strong regional connectivity. Joliet is located approximately 40 miles southwest of Chicago, further enhancing the Property’s accessibility and regional draw.

Property Facts

Price $545,464 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.66 AC
Opportunity Zone Yes
Zoning B-3 - The Property is zoned B-3 (Business District).

1 Lot Available

Lot

Price $545,464 CAD
Price Per AC $826,460.59 CAD
Lot Size 0.66 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
  • Listing ID: 40440186

  • Date on Market: 2026-05-07

  • Last Updated:

  • Address: 500 Chicago, Joliet, IL 60436

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