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$229,000
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Property Description
Phenomenal investment opportunity in the heart of Joliet with thousands of cars passing by daily! This solid brick property with many recent updates is currently split into 3 retail locations. The main location was a former restaurant and offers about 2000 sq ft of space with an open layout and a kitchen area. It also has a huge basement for storage. The other 2 spaces are about 1,000 sq ft each. One is currently occupied and the other is vacant. There is public parking right next to the building. Low taxes and great cash flow opportunity akes this a solid investment opportunity. *SELLER FINANCING AVAILABLE * reach out to agent for more information!
Full Property Details
Full Property Details for 368 W Jefferson St
General
- Sold For: $229,000
- Taxes: $5,079 (2022)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12185997
- Added to Site: 461 day(s) ago
Business
- Business Type: Retail
Interior
- Interior Features: Multi-Tenant, Private Restroom(s), Public Restroom(s), Basement
Additional Information
- Security/Safety: Fire Extinguisher(s), Carbon Monoxide Detector(s)
Location
- Area: Joliet
- County: Will
- Driving Directions: Collins to Jefferson west to property
- Location Details: Central Business District, Corner, Mixed-Use Area, Public Transport Avail, Freestanding/Urban
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 3,927
- Year Built: 1925
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 4,310
- Lot Dimensions: 74 x 60
- Frontage: City Street, Public Road
- Drainage: Floor Drains
- Zoning: RTAIL
Financial Considerations
- Lease Price: $12
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 1925
- Tax Amount: $5,079
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 3007094170160000
Listed by RE/MAX Loyalty
Sold by Prime Real Estate Group Inc
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Schools
Schools serving 368 W Jefferson St
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 | 1.3 mi |
Dirksen Junior High School 203 South Midland Avenue, Joliet, IL 60436 | 6-8 | 1.4 mi |
Joliet Central High School 201 East Jefferson Street, Joliet, IL 60432 | 9-12 | 0.9 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 368 W Jefferson St
Date
Details
Price
Change
Source
10/24/2025
Sold
$229,000
-0.39%
MLS
8/25/2025
Price Reduced
$229,900
-8%
MLS
8/04/2025
Price Reduced
$249,900
-0.04%
MLS
4/05/2025
Price Reduced
$250,000
-9.09%
MLS
2/11/2025
Price Reduced
$275,000
-8.33%
MLS
10/10/2024
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
368 W Jefferson Street, Joliet, IL 60435 (MLS# 12185997) is a Commercial property that was sold at $229,000 on October 24, 2025. Want to learn more about 368 W 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.

