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$575,000 Just Listed
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Property Description
Presenting 323 Springfield Ave, Joliet, a well-maintained 4,500-square-foot all-brick commercial building offering an excellent investment opportunity. The property consists of two commercial units, both occupied by long-term tenants, providing stable and reliable rental income. Built for durability, the building features a new roof installed in 2017 and a low-maintenance all-brick exterior. The site also offers approximately 30 parking spaces, providing ample convenience for tenants and their customers. Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset, this property offers strong fundamentals with established tenancy, generous parking, and a highly durable structure.
Full Property Details
Full Property Details for 323 Springfield Ave
General
- Price: $575,000
- Taxes: $9,675 (2025)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12726003
Additional Information
- Security/Safety: Fire Extinguisher(s), Sprinklers (Wet)
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: West on Jefferson, Left on Springfield Ave. Building is on left.
- Location Details: South Suburban, Southwest Suburban, Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 4,560
- Year Built: 1978
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 17,500
- Lot Dimensions: 100 x 175
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $25,000
- Security Deposit: Fire Extinguisher/s, Sprinklers-Wet
- Assessment Year: 1978
- Tax Amount: $9,675
- Tax Year: 2025
Disclosures and Reports
- Property ID: 3007073010780000
Listed by Latitude Realty
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Schools
Schools serving 323 Springfield Ave
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Thomas Jefferson Elementary School, Joliet, IL 2651 Glenwood Avenue, Joliet, IL 60435 | PK-5 | 0.5 mi |
Hufford Junior High School 1125 North Larkin Avenue, Joliet, IL 60435 | 6-8 | 1.1 mi |
Joliet West High School 401 North Larkin Avenue, Joliet, IL 60435 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 323 Springfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,276
-10%
$115,512
—
2023
$10,304
-3%
$115,512
—
2022
$10,668
-2%
$115,512
—
2020
$10,845
-2%
$115,512
—
2019
$11,100
-4%
$115,512
—
2018
$11,510
—
$115,512
—
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 323 Springfield Ave
323 Springfield Avenue, Joliet, IL 60435 (MLS# 12726003) is a Office property. 323 Springfield Avenue is currently listed for $575,000 and was received on August 05, 2026. Want to learn more about 323 Springfield Avenue? Do you have questions about finding other Office real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.

