321 Republic Ave

Industrial for Sale
Catylist Listing ID: 30271729
Property Subtypes: Free-Standing, Warehouse/Distribution, Other
Building Size (RSF): 88,831 SF
Gross Building Area: See Agent
Gross Land Area: 3.60 Acres
Sale Price: $1,500,000
Unit Price: $16.89 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 5/7/2018

Overview / Comments

Suggested Opening Bid: $1,500,000

Buyer's Premium: 10%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 3.6 Acres

Building Size: Approx. 88,831 SF

Warehouse Ceiling Height: 23'

2016 Taxes: $121,451.29 (Total all 5 PINS)

$80,525.52; PIN#: 30-07-07-300-038-0000

$12,820.10; PIN #: 30-07-07-300-039-0000

$16,151.94; PIN #: 30-07-07-300-029-0000

$2,115.08; PIN #: 30-07-07-300-047-0000

$9,838.64; PIN #: 30-07-07-300-050-0000

Zoning: I-1; Light Industrial District

Expansive, approx. 88,831 sf warehouse building located in Joliet, minutes from I-55 and I-80. Building is fully sprinkled with heavy power, 6 loading docks, full alarm, gas powered ceiling heaters in warehouse. The front of the building has an open floor plan, formerly used as a retail showroom. Above it is approximately 10,000 sq. ft. of office space. Facility is poured concrete slab with 23' high ceilings.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Will

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,294 88,434 192,822
Median Age: 37.85 35.33 34.67
Households: 6,189 33,543 65,899


Photograph of Listing Agent

Diana Peterson

SVN AuctionWorks
ICEx Member
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