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Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12591228MLS Provider

121-131 Collins StreetJoliet, IL 60432

Commercial · 8,464 Sq. ft.
$2,075,000 Active

121-131 Collins Street Overview

Time on Site:
109 days
Visits:
0

Premier investment opportunity located only minutes from the downtown business district and surrounded by many National brands. The bustling commercial corridor has great foot traffic as well as excellent traffic exposure. This well maintained strip center is located minutes from I80 and produces a consistent and excellent return on investment. Currently the center has national tenants and strong local small business tenants. This outstanding investment asset will make for a strong addition to your portfolio. Drive by and see it for yourself however please do not disturb tenants.

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121-131 Collins Street Facts & Features

  • Type Commercial
  • Sq. ft. 8,464
  • Price/Sq.ft. $245

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Gross Income: 209905
  • Net Operating Income: 143558

Building Information

  • Year Built: 2001

Business Information

  • Business Type: Retail

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Joliet

Tax Information

  • Tax Annual Amount: $27,054.00
  • Tax Year: 2024

General Information

  • Parcel Number: 3007103270270000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 8464

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 8464
  • Stories: 1

Unit Information

  • Unit SqFt.: 8464

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 212 x 120
  • Lot Size Square Feet: 25265

121-131 Collins Street Neighborhood

Community

60432 (Joliet) Demographics

32
Median Age
2,395
Population Density (per sq. mile)
16%
College Educated
$53,280
Estimated Median Income
3,308
Estimated Total Home Owners
2,920
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

121-131 Collins Street Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

121-131 Collins Street Market Data

Based on the last 30 days in this zip code

$267,588
Average List Price
$162
Average Price per Square Foot
10
Properties Sold
39
Average Days on Market
27
Properties for Sale
Calculations provided by Reliance Network

121-131 Collins Street History

Date Event Value Agent
4/22/2026Source: MRED Status Change
Active
4/17/2026Source: MRED Price Reduction
$2,075,000 -3.5%
4/17/2026Source: MRED Status Change
Price Change
3/17/2026Source: MRED Status Change
Active
3/12/2026Source: MRED Added to Database
March 12, 2026