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Glenwood Madison

2201 Glenwood Avenue, Joliet, IL, 60435

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21,000

SQUARE FOOTAGE

$1,400,000

SALE PRICE

$66.67

PRICE /SF

Nick Weis

BROKER CONTACT

PROPERTY DETAILS

Building Size:

21,000 sf

Property Type:

Office

Tenancy:

Multi

Year Built:

1975

Number of Stories:

1

Parking:

100 surface

Land Size:

1.63 AC

Zoning:

RB

APN:

30-07-07-116-041

ANNUAL EXPENSES

Real Estate Taxes:

$2.24/sf

Additional Expenses:

$4.92/sf*

Total Approx Expenses:

$7.16/sf

*Operating, utilities, and insurance

HIGHLIGHTS

Glenwood Madison Professional Building consists of eight (8) suites and has been well-maintained with a number of recent updates. There is abundant parking and excellent directory, façade, and monument signage.


The Property is located at the northwest stoplight corner of Glenwood and Madison Avenues with two points of ingress/egress. Within 1 mile of this property in an office market of 1 million sf, 7.5% vacancy rate with Amita St. Joseph and Duly as major occupants.


Glenwood Madison represents a rare E-Commerce Resistant investment. The property has been a long-term stable asset and is being offered at a low price per square foot, well below replacement costs.

AMENITIES