Property photo 1
Property photo 2
0 Beds

$1,174,000

1122 Collins Street, Joliet IL, 60432

Price per sqftN/A
Built in1900
Property typeOther
Listed by Joseph Diaz with Taylor Street Realty 815-955-1398

Overview

Active

Listed Mar 23, 2026

Updated 10 days ago

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.

$7,811/mo

Est. mortgage payment based on a $1,174,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12599103

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.85 Acres

Other Property Details

Taxes
$4,034
Tax Frequency
Annually
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Listed by Joseph Diaz with Taylor Street Realty 815-955-1398

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Data is refreshed every 3 hours. Listing last updated 7:13 AM UTC on 9/30/2026. 

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