111 Patterson Road Joliet, IL 60436
Sold: 165000
/ MLS# 12019761 / Commercial - Retail / Joliet
0 Beds

For sale stands an exceptional commercial building, representing a rare and enticing investment opportunity. Currently zoned under C4, it holds a specialized permit for operation as a tavern. It's worth noting that in this area Will County has ceased issuing such licenses, rendering this establishment a true gem. The owner's proactive approach ensured meticulous compliance with all necessary paperwork, securing grandfathered status for the premises. Furthermore, situated in unincorporated Joliet and benefitting from favorable tax rates, the property presents an attractive investment proposition. A standout feature is its impeccable maintenance history. A dedicated team has consistently updated and cared for major components such as air conditioning, heating systems, and roofing, guaranteeing a hassle-free experience for owners. This commitment underscores the reliability and longevity of the asset, making it an even more compelling investment opportunity. With a vibrant tavern occupying the lower level and the potential for up to eight apartments upstairs, this property offers a myriad of revenue streams. Serious investors and those seeking a unique venture are encouraged to delve deeper into this remarkable opportunity, poised to yield both financial returns and long-term value.

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Property Details

Property Type: Commercial - Retail
Cooling: Central Air, Window Unit(s)
Lot Size: 0.10 Acres
Stories: 2.0
Taxes: $3,188
Year Built: 1953
Buyer Represented By: George Chandler , Coldwell Banker Realty
Listing Provided By: RE/MAX Ultimate Professionals

Feature Descriptions

Current Use: Commercial, Special Use
Electric: Other
Fire Protection: Alarm On Site, Fire Extinguisher/s
Frontage Type: Public Road
HVAC: Central Bldg Heat
Lot Dimensions: 37500
Parcel#: 3007212120090000
Parking: 51-100 Spaces
Potential Use: Commercial
Tenant Pays: Varies by Tenant
Units: 8

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX Ultimate Professionals

Listing Office Phone: 815-725-4545



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