Listing provided courtesy of Keller Williams Preferred RltyMREDas Distributed by MLSGrid- MLS# 12541445MLS Provider

81 W Jefferson StreetJoliet, IL 60432

Commercial · 3,146 Sq. ft.
$3,500 Active

81 W Jefferson Street Overview

Time on Site:
168 days
Visits:
4

Rare downtown Joliet restaurant opportunity directly across from Will County Courthouse! Unbeatable location for dine-in and carry-out, with parking, liquor license in place. Approx. 2,420 sq ft on the main level plus ~726 sq ft upstairs office/storage space, and a full basement. Built-out for restaurant or food service with ample dine-in area, 2 restrooms, large kitchen featuring a hood and 3-compartment sink, and rear storage area for refrigeration and back-of-house use. Located in Joliet's City Center TIF district and within the Des Plaines River Valley Enterprise Zone, offering potential business opportunities. Strong visibility with AADT reported at 11,110. MG lease @ $3,500/month + water, gas, and electric (no tax or CAM charges). Owner is offering 4 months rent abatement. Adjacent parking lot with approx. 20 spaces included for shared use with adjacent liquor store, or can be negotiated separately for exclusive use/conversion to beer garden. Adjacent to Barrett's Lot, city parking with 65 spaces. 2 months rent and 5k security deposit due at signing.

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81 W Jefferson Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,146
  • Price/Sq.ft. $1

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Net Operating Income: 0

Building Information

  • Year Built: 1910

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Joliet
  • Township: Joliet

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer, All Utilities

Tax Information

  • Tax Annual Amount: $4,908.26
  • Tax Year: 2024

General Information

  • New Construction: No
  • Property Sub Type: Restaurant
  • Property Type: Commercial Lease
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air, Exhaust Fan
  • Electric: Circuit Breakers
  • Flooring: Vinyl
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 3146
  • Stories: 2

Unit Information

  • Unit SqFt.: 3146

Exterior

Lot Information

  • Frontage Type: City Street
  • Lot Size Dimensions: .07 acres
  • Lot Size Square Feet: 3049

Building Exterior/Construction

  • Construction Materials: Block

General Information

  • Number Of Units Total: 1

81 W Jefferson Street Neighborhood

Community

60432 (JOLIET) Demographics

32
Median Age
2,395
Population Density (per sq. mile)
16%
College Educated
$53,280
Estimated Median Income
3,308
Estimated Total Home Owners
2,920
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

81 W Jefferson Street Market Data

Based on the last 30 days in this zip code

$267,588
Average List Price
$162
Average Price per Square Foot
10
Properties Sold
39
Average Days on Market
27
Properties for Sale
Calculations provided by Reliance Network

81 W Jefferson Street History

Date Event Value Agent
1/17/2026Source: MRED Status Change
Active
1/12/2026Source: MRED Added to Database
January 12, 2026