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$650,000 Just Listed
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Property Description
This 8,200 SF retail strip center presents a high-visibility investment opportunity on Joliet's bustling west side. The center features a stable mix of local tenants, anchored by a 4,000 SF bicycle sales and repair shop. This anchor space offers unique flexibility: the owner is willing to relocate to accommodate a new user if necessary. With its prime position near major retailers like, and easy access to I-80/I-55, this property is perfectly situated for long-term growth and immediate cash flow.
Full Property Details
Full Property Details for 114 N Larkin Ave
General
- Price: $650,000
- Taxes: $16,752 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12607065
- Updated: 4/6/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Retail
Interior
- Interior Features: Multi-Tenant
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: Rte 7/Larkin Ave to Oneida St
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 8,568
- Current Bldg. Use: Commercial
- Year Built: 1964
Unit Information
- # Tenants: 4
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 25,700
- Lot Dimensions: 185 x 156
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $39,266
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1964
- Tax Amount: $16,752
- Tax Year: 2024
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 3007074060420000
Listed by Coldwell Banker Commercial Real Estate Group
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Schools
Schools serving 114 N Larkin Ave
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Pershing Elementary School, Joliet, IL 251 North Midland Avenue, Joliet, IL 60435 | K-5 | 0.4 mi |
Dirksen Junior High School 203 South Midland Avenue, Joliet, IL 60436 | 6-8 | 0.6 mi |
Joliet West High School 401 North Larkin Avenue, Joliet, IL 60435 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 114 N Larkin Ave
Date
Details
Price
Change
Source
4/06/2026
Listed
$650,000
—
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 114 N Larkin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,752
-6%
$200,000
—
2023
$17,841
-3%
$200,000
—
2022
$18,470
-2%
$200,000
—
2020
$18,778
-2%
$200,000
—
2019
$19,219
-4%
$200,000
—
2018
$19,929
-4%
$200,000
—
2017
$20,659
-4%
$200,000
—
2016
$21,496
-3%
$200,000
—
2015
$22,194
—
$200,000
—
2014
$22,211
7%
$200,000
—
2013
$20,835
10%
$200,000
—
2012
$18,931
—
$200,000
—
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 114 N Larkin Ave
114 N Larkin Avenue, Joliet, IL 60435 (MLS# 12607065) is a Commercial property. 114 N Larkin Avenue is currently listed for $650,000 and was received on April 06, 2026. Want to learn more about 114 N Larkin Avenue? 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.

