photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com
301 Ottawa Street
Joliet, IL 60436
$650,000.00 listing calculator

Listing Description


An excellent investment opportunity, this mixed-use property at 301 & 303 S. Ottawa Street in Joliet offers a two-story building with six total units, including one commercial space and a mix of residential layouts ranging from a studio to a three-bedroom unit. The building provides approximately 6,000 square feet of living space and sits on two parcels totaling 0.42 acres, with five off-street parking spaces. An adjacent vacant lot adds significant upside potential for future development or expansion. Located in the heart of downtown Joliet, the property benefits from strong visibility and walk-able access to restaurants, entertainment, and public transportation. The site is minutes from I-80, I-55, and the Joliet Gateway Center Metra and Amtrak station, offering excellent regional connectivity. Nearby attractions, including the Rialto Square Theatre, casinos, and the Des Plaines Riverwalk, enhance tenant appeal and long-term demand. Positioned in a growing market with diverse employment drivers, this asset presents both stable income and value-add potential. Seller is a licensed real estate broker.