3230 Executive Drive
$875,000
3230 Executive Dr Joliet, IL 60431
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About this listing
DESCRIPTION
Presenting a prime commercial opportunity at 3230 Executive Drive, Joliet, IL, 60435. This impeccably maintained 8,007 SF office building, constructed in 1996, offers three separate units ideal for office space with the ability to divide further. Zoned R-B, this property represents a sound investment in the thriving Joliet area. With 100% occupancy, investors can capitalize on a steady income stream from day one. The prime location coupled with the property's strong rental history makes it an attractive option for discerning office building investors seeking a turnkey opportunity in a sought-after market.
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Cap Rate
5.32%
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NOI
$46,547
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Building Size
8,007 sqft
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Lot Area
32,708 sqft
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Year Built
1996
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Zoning
R-B
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MLS ID
118\
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Floors
1
Details
- • Lot Dimension: 152x214
- • Tax Roll Number: 060240200300000
- • Annual Tax: $ 26063.0
- • Available Floors: 1
- • Average Floor Size: 8007.0
- • Average Occupancy Rate: 100.0
- • Cash Flow: 46547.0
- • Gross Income: $ 104450.0
- • Max Contiguous Area: 8007.0
- • Age: 21-30 Years Old
- • Lot Size: 1/2 - 1 Acre
- • Sewer: City
- • Water: City Water
