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Beth Ciszek- Designated Managing Broker
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Mobile Phone:
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beth@myptrteam.com
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FOR SALE
$550,000

111 Patterson Road
Joliet, IL 60436

Mixed Use, Business Opportunities
Commercial
0.097
Acre Lot
Courtesy: RE/MAX Ultimate Professionals
Home> Illinois> Joliet> 60436
For sale stands an exceptional commercial building, representing a rare and enticing investment opportunity. Currently zoned under C4, it holds a specialized permit for operation as a tavern, complemented by coveted licenses for entertainment, liquor, tobacco, and gaming-all of which are readily transferable to qualified applicants. It's worth noting that in this area Will County has ceased issuing such licenses, rendering this establishment a true gem. The owner's proactive approach ensured meticulous compliance with all necessary paperwork, securing grandfathered status for the premises. Furthermore, situated in unincorporated Joliet and benefitting from favorable tax rates, the property presents an attractive investment proposition. A standout feature is its impeccable maintenance history. A dedicated team has consistently updated and cared for major components such as air conditioning, heating systems, and roofing, guaranteeing a hassle-free experience for owners. This commitment underscores the reliability and longevity of the asset, making it an even more compelling investment opportunity. With a vibrant tavern occupying the lower level and the potential for up to eight apartments upstairs, this property offers a myriad of revenue streams. Serious investors and those seeking a unique venture are encouraged to delve deeper into this remarkable opportunity, poised to yield both financial returns and long-term value.
12019761
Commercial - Mixed Use, Business Opportunities, 2 Story
1953
Will
0.097 Acres
2
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: RE/MAX Ultimate Professionals
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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