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$1,174,999
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Property Description
Prime Corner Assemblage - 0.85 Acres on Collins St Corridor. Rare 5-parcel portfolio at Collins & Woodruff with nearly 200' frontage (36,988 SF). Includes 1 commercial bldg, 2 houses & 2 lots. Fully rented with income in place, offering multiple strategies: hold, reposition, or redevelop into QSR, retail, automotive or mixed-use. High-visibility corner near Old Joliet Prison redevelopment, Downtown Joliet & I-80/I-55.
Full Property Details
Full Property Details for 1122 Collins St
General
- Price: $1,174,999
- Taxes: $4,033 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12314802
- Updated: 9/8/2025
- Added to Site: 305 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
Location
- Area: Joliet
- County: Will
- Driving Directions: Rt55 North to Exit 263 Weber Rd right, left on Renwick Rd. Left on Williamson Ave, right on Lloyds Ave., right onto Francis St., left on IL171 N/Collins St.
- Location Details: South Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Automotive
- Year Built: 1900
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 36,988
- Lot Dimensions: 197.8 x 187 x 197.8 x 187
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1900
- Tax Amount: $4,033.56
- Tax Year: 2023
Disclosures and Reports
- Property ID: 3007034000210000
Listed by Taylor Street Realty
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Schools
Schools serving 1122 Collins St
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Sator Sanchez Elementary School 1101 Harrison Avenue, Joliet, IL 60432 | K-5 | 0.2 mi |
Gompers Junior High School 1501 Copperfield Avenue, Joliet, IL 60432 | 6-8 | 1.5 mi |
Joliet West High School 401 North Larkin Avenue, Joliet, IL 60435 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1122 Collins St
Date
Details
Price
Change
Source
3/18/2025
Listed
$1,174,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1122 Collins St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,474
9%
$45,247
13%
2023
$3,179
-14%
$40,202
11%
2022
$3,704
—
$36,366
7%
2022
$3,704
11%
$33,965
5%
2020
$3,335
5%
$32,255
8%
2019
$3,165
8%
$29,977
12%
2018
$2,934
6%
$26,885
10%
2017
$2,757
5%
$24,443
9%
2016
$2,620
12%
$22,397
7%
2015
$2,330
—
$21,000
—
2014
$2,321
1%
$20,900
-5%
2013
$2,303
—
$22,107
-9%
2012
$2,310
—
$24,404
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1122 Collins St
1122 Collins Street, Joliet, IL 60432 (MLS# 12314802) is a Commercial property. 1122 Collins Street is currently listed for $1,174,999 and was received on March 18, 2025. Want to learn more about 1122 Collins Street? Do you have questions about finding other Commercial real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.

