Listed by Caton Commercial Real Estate Group
$899,000
300 W Joliet Road
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 11,475
Units 3
Cap Rate 8.80%
NOI $87,586
Year Built 2025
Year Renovated 2017
Acreage 0.460
Zoning B-3
Investment Type Sale/Leaseback
Ceiling Height 14' -16'
Industrial | 8.80% CAP | 11,475 SqFt
Marketing description
Strategically located in Ottawa, Illinois with immediate access to IL Route 23 and minutes from Interstate 80 (I80) and Interstate 39 (I39), providing strong east/west and north/south connectivity. Positioned within an established industrial corridor with convenient truck access. Ottawa is served by BNSF Railway and CSX Transportation, with access to barge transportation via the Illinois Waterway. Approximately 65 miles from O'Hare International Airport.
Investment highlights
- Full Building Size: 11,475 Sf
- Fully Remodeled In 2017 Including New Exterior
- New Drainage Tiles Installed
- New Roof Installed In 2025
- New Hvac System Installed 2023
- Sale-Lease Back Opportunity For 4,276/Sf
- Additional New Access Door Installed
- Ceiling Height - 14' - 16'
- Zoning - B-3
- Lot Size: 0.46 Acres
- Sale Price: $899,000
Listing Contacts
Listed by Caton Commercial Real Estate Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$87,586.00
$7,298.83/mo
Valuation Metrics
0
DSCR
9.74%
Cap Rate
9.74%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
