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
Monument Signage
24-Hour Access
Local Dining
PROPERTY LOCATION
2201 Glenwood Avenue, Joliet, IL, 60435