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$884,900
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Property Description
Two-story, multi-tenant retail strip center for sale in Joliet, featuring a mix of established tenants. This investment opportunity is fully leased offering strong, stable cash flow. Enjoy excellent visibility and ample parking for customers, all situated amid bustling businesses and restaurants. Easy access to the I-55 and I-80 interchanges.
Full Property Details
Full Property Details for 151 Springfield Ave
General
- Price: $884,900
- Taxes: $8,795 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12504718
- Updated: 1/11/2026
- Added to Site: 84 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Joliet
- County: Will
- Driving Directions: Located on Springfield Road across from St. Joseph Hospital in Joliet.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Forced Air
Structural Information
- Stories/Levels: 2
- Square Feet: 10,000
- Year Built: 1978
Unit Information
- # Tenants: 5
Lot Features
- Lot Size (Sq. Ft.): 26,525
- Lot Dimensions: 173 x 148
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $35,583
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1978
- Tax Amount: $8,795
- Tax Year: 2024
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 3007073010580000
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Schools
Schools serving 151 Springfield Ave
School Districts:Joliet Township High School District 204, Joliet Public School District 86
| Name | Grades | Distance |
|---|---|---|
Thomas Jefferson Elementary School, Joliet, IL 2651 Glenwood Avenue, Joliet, IL 60435 | PK-5 | 0.6 mi |
Hufford Junior High School 1125 North Larkin Avenue, Joliet, IL 60435 | 6-8 | 1.4 mi |
Joliet West High School 401 North Larkin Avenue, Joliet, IL 60435 | 9-12 | 0.6 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 151 Springfield Ave
Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$884,900
-6.84%
MLS
12/03/2025
Price Reduced
$949,900
-4.91%
MLS
10/27/2025
Listed
$999,000
46.91%
MLS
10/08/2024
Sold
$680,000
—
Public Record
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 151 Springfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,795
-6%
$105,000
—
2023
$9,367
-3%
$105,000
—
2022
$9,697
-2%
$105,000
—
2020
$9,858
-2%
$105,000
—
2019
$10,090
-4%
$105,000
—
2018
$10,463
-61%
$105,000
-59%
2017
$26,649
-4%
$257,990
—
2016
$27,729
-3%
$257,990
—
2015
$28,630
—
$257,990
—
2014
$28,651
7%
$257,990
—
2013
$26,877
10%
$257,990
—
2012
$24,421
—
$257,990
—
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 151 Springfield Ave
151 Springfield Avenue, Joliet, IL 60435 (MLS# 12504718) is a Commercial property. 151 Springfield Avenue is currently listed for $884,900 and was received on October 27, 2025. Want to learn more about 151 Springfield 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.

