


1122 Collins StreetJoliet, IL 60432
Commercial1122 Collins Street Overview
- Time on Site:
- 98 days
- Visits:
- 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.
1122 Collins Street Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 0
- Gross Scheduled Income: 0
- Insurance Expense: 0
- Trash Expense: 0
- Water Sewer Expense: 0
Building Information
- Year Built: 1900
Location/Region
- County Or Parish: Will
- MLS Area Major: Joliet
Rent/Lease Information
- Tenant Pays: Other
Tax Information
- Tax Annual Amount: $4,033.56
- Tax Year: 2023
General Information
- Parcel Number: 3007034000210000
- Possible Use: Commercial,Multi-Family
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
General Information
- Cooling: Central Air
- Electric: Fuses
- Stories: 0
Exterior
Lot Information
- Additional Parcels: Yes
- Lot Size Dimensions: 197.8X187X197.8X187
- Lot Size Square Feet: 36988
General Information
- Number Of Units Total: 5
1122 Collins Street Neighborhood
Community
60432 (Joliet) Demographics
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.1122 Collins Street Monthly Cost
1122 Collins Street Market Data
Based on the last 30 days in this zip code
1122 Collins Street History
| Date | Value | Agent |
|---|---|---|
| 3/28/2026Source: MRED | Active |
|
| 3/23/2026Source: MRED | March 23, 2026 |



