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$950,000
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Property Description
114-116 E Jefferson St. Joliet. The Perfect Business Location To Invest and Own Your Fully Occupied Mixed-Use Building That Includes Ten Accommodations With Six (6) Fully Rented Apartments On The Upper Level, Three (3) Occupied Businesses On The First Level, Office Space That Can Be Used As Storage, A Previous Spacious Underground Bomb Shelter That Can Be Converted To Underground Parking For Tenants Or Visitors On A Highly Visible and Accessible Location Across From The Duly Health and Care Field, Train Station, Schools, Restaurants, Public Transportation and Entertainment All Convenient To Down Town. Being Sold "As Is". Allow 48 Hour Notice To View Or Drive By.
Full Property Details
Full Property Details for 114 E Jefferson St
General
- Price: $950,000
- Taxes: $3,770 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12347889
- Updated: 5/14/2025
Property History
- 114 E Jefferson St, Joliet, IL
- Listed $950,000 on 5/8/25
Interior
- Interior Features: Storage Inside
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: I-80 to Chicago Street North to Jefferson East to property.
- Location Details: Southwest Suburban, Central Business District, Corner, Mixed-Use Area, Public Transport Avail, In City Limits
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Electric
Structural Information
- Foundation: Block, Brick/Mortar, Concrete Perimeter
- Stories/Levels: 2
- # of Stores: 3
- Year Built: 1912
- Built Before 1978: Yes
Unit Information
- # Tenants: 9
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Size (Sq. Ft.): 9,703
- Lot Dimensions: 74 x 129 x 73.9 x 129.1
- Frontage: City Street
- Potential Use: Other
Financial Considerations
- Insurance Fee: $3,500
- Other Fee: $1,200
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1912
- Tax Amount: $3,770
- Tax Year: 2023
- Pays Electric: 1920
Disclosures and Reports
- Property ID: 3007103360040000
Listed by Carter Realty Group
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Schools
Schools serving 114 E Jefferson St
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Woodland Elementary School, Joliet, IL 701 3rd Avenue, Joliet, IL 60433 | PK-5 | 0.9 mi |
Washington Jr High & Academy Prgm 402 Richards Street, Joliet, IL 60433 | 6-8 | 0.7 mi |
Joliet Central High School 201 East Jefferson Street, Joliet, IL 60432 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 114 E Jefferson St
114 E Jefferson Street, Joliet, IL 60432 (MLS# 12347889) is a Commercial property. 114 E Jefferson Street is currently listed for $950,000 and was received on May 08, 2025. Want to learn more about 114 E Jefferson 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.

