3230 Executive Drive
$875,000
3230 Executive Dr, Joliet, IL 60431
For Sale
Office
Active
Last Updated: 08/19/2025
5.32
Cap Rate
46,547
NOI
Details:
Cap Rate: 5.32%
NOI: $46,547
Building Size: 8,007 sqft
Lot Area: 32,708 sqft
Year Built: 1996
Zoning: R-B
MlsNumber: 118\
Floors: 1
Parking Spots: 40
Parking Ratio: 5
Highlights:
- 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
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.
Documents:
| Title | ||
|---|---|---|
| 3230 Executive Drive Website | ||
| 3230 Executive Floor Plan | ||
| 3230 Executive Drive Brochure |
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Location
Gallery
