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$2,075,000 -$75,000 (-3.49%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 8,464 Sq. Ft.
  • Updated 1 day ago
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Premier investment opportunity located only minutes from the downtown business district and surrounded by many National brands. The bustling commercial corridor has great foot traffic as well as excellent traffic exposure. This well maintained strip center is located minutes from I80 and produces a consistent and excellent return on investment. Currently the center has national tenants and strong local small business tenants. This outstanding investment asset will make for a strong addition to your portfolio. Drive by and see it for yourself however please do not disturb tenants.

Full Property Details for 121-131 Collins St

General

  • Price: $2,075,000
  • Taxes: $27,054 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12591228
  • Updated: 4/17/2026
  • Added to Site: 37 day(s) ago

Business

  • Business Type: Retail

Additional Information

  • Security/Safety: Alarm Monitored, Alarm on Site

Location

  • Area: Joliet
  • County: Will
  • Driving Directions: Rte 30 to Collins St south to property

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Stories/Levels: 1
  • Square Feet: 8,464
  • Year Built: 2001

Lot Features

  • Lot Size (Sq. Ft.): 25,265
  • Lot Dimensions: 212 x 120
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Alarm Monitored, Alarm On Site
  • Assessment Year: 2001
  • Tax Amount: $27,054
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 3007103270270000

Listed by Baird & Warner

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Listing agent

— 121-131 Collins St —

  • Baird & Warner

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Price & Sales History for 121-131 Collins St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/17/2026
Price Reduced
$2,075,000
-3.49%
MLS
3/12/2026
Listed
$2,150,000
3108.96%
MLS
9/24/1999
Sold
$67,000
—
Public Record
Get Price Alerts and Save Property
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 for 121-131 Collins St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,123
-6%
$247,950
—
2023
$24,474
-3%
$247,950
—
2022
$25,254
-1%
$247,950
—
2020
$25,636
-2%
$247,950
—
2019
$26,182
-3%
$247,950
—
2018
$27,062
-3%
$247,950
—
2017
$27,968
-4%
$247,950
—
2016
$29,005
5%
$247,950
—
2015
$27,516
—
$247,950
—
2014
$27,536
7%
$247,950
—
2013
$25,831
10%
$247,950
—
2012
$23,470
—
$247,950
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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121-131 Collins Street, Joliet, IL 60432 (MLS# 12591228) is a Commercial property. 121-131 Collins Street is currently listed for $2,075,000 and was received on March 12, 2026. Want to learn more about 121-131 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.

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