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29376135
29376134

20604 Burl Ct Joliet IL, Joliet, IL 60433

VS
IL 471.004898
RE/MAX Millennium
Listed by RE/MAX Millennium
$2,750,000
391 days on market
Updated 24 days ago

Industrial Investment Truck Repair shop 20604 Burl Ct Joliet

Details
APN 1508183020050000
Property Type Industrial
Sub Type Warehouse
Square Footage 5,500
Net Rentable (SqFt) 5,500
Cap Rate 7.00%
NOI $192,000
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 06/30/2030
Remaining Term 5
Rent Bumps Yes
Year Built 1985
Year Renovated 2025
Buildings 1
Stories 1
Acreage 1.400
Zoning I
Investment Type Net Lease
Lease Commencement 07/01/2025
Ceiling Height 24

Industrial | 7.00% CAP | 5,500 SqFt

Marketing description

Prime Truck Repair Facility – Joliet, IL

Industrial Investment Opportunity

Offering Details:

Asking Price: $2,750,000

Net Operating Income (NOI): $192,000

Cap Rate: 7.0%

5-year Lease Starts July 1st 2025

NNN

Annual Rent Escalation: 3.5% (17.5% total over lease term)

Strong Cash-Flowing Asset

This fully equipped truck repair facility offers a rare chance to acquire a high-performance industrial property in Joliet, with direct visibility from Interstate 80

The property combines excellent functionality with unbeatable location advantages in a heavy industrial corridor.

Property Highlights:

Building Size: 5,500 SF (freestanding industrial facility)

Lot Size: 1.25 Acres – fully fenced, lit, and secured yard

Zoning: Industrial

Visibility: Excellent signage exposure to I-80 traffic

Unincorporated Will county

Interior Features

Office Space: 1,000 SF

Office Mezzanine: 100 SF

Kitchen & Restroom

Separate restroom with shower

Warehouse Features

(2) Oversized drive-through overhead doors (14.5' x 18')

3-Phase Power – supports heavy-duty repair equipment

Clear span layout – ideal for truck maintenance operations


Investment Summary:

A rare opportunity to secure a cash-flowing industrial property in a high-demand logistics market. The facility is tailor-made for truck service operations, and the visibility/access make it an ideal location for continued or expanded use.

Investment highlights

  • Asking Price: $2,750,000

  • Net Operating Income (NOI): $192,000

  • Cap Rate: 7.0%

Listing Contacts

VS
IL 471.004898
RE/MAX Millennium
Listed by RE/MAX Millennium

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$192,000.00
$16,000.00/mo

Valuation Metrics

0
DSCR
6.98%
Cap Rate
6.98%
ROI

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Additional Information

Name
Vito Sruoga
License
471.004898
Title
Illinois
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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