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.
Details
MLS #
12599103
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Active
Year
1900
Days On Site
153
Listing Provided By
Taylor Street Realty | Joseph Diaz
Features
Units
5
Zoning
COMMR
Interior
Cooling
Central Air
Utilities
Electric
Fuses
Taxes
Tax Year
2023
Tax Annual Amount
4033.56
Area Information
State
IL
County
Will
City
Joliet
Zip Code
60432
Area
Joliet
Listing VS Median (in 60432)
Price: $1,174,000
low | high
Med: $274,900
100% of Average
On site: 153
low | high
Med: 201
76.119402985075% of Average
Sourced by Back At You
Market Activity 60432
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 2
Avg $ Per SqFt: $170.22
Min Sale Price: $235,000
Max Sale Price: $435,000
Med Sale Price: $335,000
Date: Jun 2026
Sales: 11
Avg $ Per SqFt: $165.49
Min Sale Price: $80,000
Max Sale Price: $360,000
Med Sale Price: $235,000
Date: May 2026
Sales: 9
Avg $ Per SqFt: $180.01
Min Sale Price: $171,250
Max Sale Price: $392,000
Med Sale Price: $294,000
Date: Apr 2026
Sales: 6
Avg $ Per SqFt: $164.33
Min Sale Price: $190,000
Max Sale Price: $355,000
Med Sale Price: $236,857
Date: Mar 2026
Sales: 10
Avg $ Per SqFt: $178.32
Min Sale Price: $172,500
Max Sale Price: $435,000
Med Sale Price: $290,250
Date: Feb 2026
Sales: 5
Avg $ Per SqFt: $204.02
Min Sale Price: $270,000
Max Sale Price: $395,000
Med Sale Price: $353,900
Date: Jan 2026
Sales: 5
Avg $ Per SqFt: $150.02
Min Sale Price: $65,000
Max Sale Price: $409,900
Med Sale Price: $297,000
Date: Dec 2025
Sales: 4
Avg $ Per SqFt: $154.75
Min Sale Price: $137,750
Max Sale Price: $342,000
Med Sale Price: $239,500
Date: Nov 2025
Sales: 11
Avg $ Per SqFt: $168.27
Min Sale Price: $130,000
Max Sale Price: $496,000
Med Sale Price: $225,000
Date: Oct 2025
Sales: 14
Avg $ Per SqFt: $199.82
Min Sale Price: $140,000
Max Sale Price: $380,000
Med Sale Price: $210,000
Date: Sep 2025
Sales: 14
Avg $ Per SqFt: $179.87
Min Sale Price: $100,000
Max Sale Price: $877,000
Med Sale Price: $216,500
Date: Aug 2025
Sales: 10
Avg $ Per SqFt: $197.61
Min Sale Price: $45,000
Max Sale Price: $535,000
Med Sale Price: $242,250
Sourced by Back At You
Jul 2026
Sales:
2
Avg $ Per SqFt:
$170.22
Min Sale Price:
$235,000
Max Sale Price:
$435,000
Med Sale Price:
$335,000
Jun 2026
Sales:
11
Avg $ Per SqFt:
$165.49
Min Sale Price:
$80,000
Max Sale Price:
$360,000
Med Sale Price:
$235,000
May 2026
Sales:
9
Avg $ Per SqFt:
$180.01
Min Sale Price:
$171,250
Max Sale Price:
$392,000
Med Sale Price:
$294,000
Apr 2026
Sales:
6
Avg $ Per SqFt:
$164.33
Min Sale Price:
$190,000
Max Sale Price:
$355,000
Med Sale Price:
$236,857
Mar 2026
Sales:
10
Avg $ Per SqFt:
$178.32
Min Sale Price:
$172,500
Max Sale Price:
$435,000
Med Sale Price:
$290,250
Feb 2026
Sales:
5
Avg $ Per SqFt:
$204.02
Min Sale Price:
$270,000
Max Sale Price:
$395,000
Med Sale Price:
$353,900
Jan 2026
Sales:
5
Avg $ Per SqFt:
$150.02
Min Sale Price:
$65,000
Max Sale Price:
$409,900
Med Sale Price:
$297,000
Dec 2025
Sales:
4
Avg $ Per SqFt:
$154.75
Min Sale Price:
$137,750
Max Sale Price:
$342,000
Med Sale Price:
$239,500
Nov 2025
Sales:
11
Avg $ Per SqFt:
$168.27
Min Sale Price:
$130,000
Max Sale Price:
$496,000
Med Sale Price:
$225,000
Oct 2025
Sales:
14
Avg $ Per SqFt:
$199.82
Min Sale Price:
$140,000
Max Sale Price:
$380,000
Med Sale Price:
$210,000
Sep 2025
Sales:
14
Avg $ Per SqFt:
$179.87
Min Sale Price:
$100,000
Max Sale Price:
$877,000
Med Sale Price:
$216,500
Aug 2025
Sales:
10
Avg $ Per SqFt:
$197.61
Min Sale Price:
$45,000
Max Sale Price:
$535,000
Med Sale Price:
$242,250
MLS Number: 12599103
Joseph Diaz – (815) 955-1398 – josephdiaz@taylorstreetrealty.com
Taylor Street Realty – (815) 774-0777
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12599103
Joseph Diaz – (815) 955-1398 – josephdiaz@taylorstreetrealty.com
