1122 Collins Street
Joliet, IL, 60432
$1,174,000
Beds
0 Baths
0 SqFt
0 Acres
Add
MLS #MRD12599103 image #0
Prime Corner Mixed-Use Property – Residential + Commercial + Yard Income + Billboard Upside Rare opportunity to own a high-visibility corner property on Collins St. featuring multiple income streams including residential units, commercial space, yard use, and billboard infrastructure across a 5-parcel assemblage (~0.85 acres). The property includes: One 2-unit building (studio + 2 bed unit). One single-family home (3 bed, 1 bath with basement). Commercial building with large usable yard. Existing electronic billboard (currently not operational). Current / Projected Income: Residential – currently ~$4,200/month with upside through stabilization. Commercial building – ~$2,000-$2,500+/month (projected). Yard / contractor / vehicle storage – additional income potential. Total income potential increases significantly depending on use and stabilization. Studio unit currently below market rent, providing immediate value-add opportunity. Ideal for an owner-user, contractor, automotive operator, or investor seeking a property with multiple income streams and strong visibility. Located near the Old Joliet Prison redevelopment, Downtown Joliet, and major highways (I-80/I-55), offering excellent access and exposure. Property includes electronic billboard structure (not currently operational) – potential for future advertising income or business visibility. Buyer to verify all rents, zoning, and uses.

Property Details

Price:
$1,174,000
MLS #:
MRD12599103
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
joliet
Listed Date:
Mar 23, 2026
Year Built:
1900
JolietJoliet

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Central Air

Exterior

Financial

Tax Year
2023
Taxes
$4,034

Map

Community

Market Summary

Current real estate data for Commercial in Joliet as of Jun 14, 2026
27
Commercial Listed
219
Avg DOM
$1,514,822
Avg List Price

Property Summary

    1122 Collins Street Joliet IL is a Commercial for sale in Joliet, IL, 60432. It is listed for $1,174,000

Similar Listings Nearby

broker reciprocity
MLS# MRD12563551broker reciprocity
1214-1222 Essington Road
Joliet, IL

$1,500,000

4.7 miles away

broker reciprocity
MLS# MRD12565687broker reciprocity
209 N Center Street
Joliet, IL

$1,200,000

1.6 miles away

broker reciprocity
MLS# MRD12536205broker reciprocity
921 S State Street
Lockport, IL

$876,000

3.1 miles away

broker reciprocity
MLS# MRD12479316broker reciprocity
354 N Chicago Street
Joliet, IL

$840,000

1.9 miles away

1122 Collins Street
Joliet, IL