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3330 Mall Loop Dr Joliet, IL 60431

4,521 SF Vacant Storefront, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 4,521 square foot vacant storefront, situated at 3330 Mall Loop Drive in Joliet, Illinois, presents a compelling investment opportunity. Built in 1996 and renovated in 2016, this fee-simple property (land and building) sits on a 0.39-acre lot and boasts 14 on-site parking spaces. The B-2 (Central Business District) zoning allows for a wide range of potential uses. Its prime location offers unparalleled visibility and accessibility. The property is an outparcel to the 323,000 square foot Louis Joliet Mall, anchored by major retailers such as Macy's, Ashley Furniture, Best Buy, and more. This strong retail synergy, coupled with proximity to other national tenants like Michaels, Home Depot, Target, Dick's Sporting Goods, and Costco, ensures high foot traffic and consumer draw. The property benefits from its location along US Hwy 30 (33,000 vehicles per day) and convenient access to Interstate 55 (78,000 vehicles per day). The surrounding 5-mile trade area is densely populated, with over 192,000 residents and 65,000 employees, boasting an affluent average household income of $114,381. This presents a significant opportunity for value-add or redevelopment in a thriving retail corridor. Additional parking is available in the mall's parking lot. The property's APN is 06-03-26-202-008. This is a rare chance to acquire a well-located, versatile commercial property in a high-demand area.

Highlights

  • Commercial land zoned for commercial use; former Verizon property. Value-add/redevelopment opportunity with ample parking.
  • High-traffic location on US Hwy 30 (33,000 VPD) and I-55 (78,000 VPD), near Louis Joliet Mall (323,000 SF) in a dense retail area.
  • Strong demographics within a 5-mile radius, including high household incomes (six-figure).

Property Details for 3330 Mall Loop Dr

Property type
Retail properties, Retail space
Square Feet
4,521 SF
Year Built/Renovated
1996/2016
Lot Size (sq. ft)
16,988 SF

Location Insight

City
Joliet
County
Will
State
Illinois
Latitude
41.5791575
Longitude
-88.164736

FAQs

What type of property is this?
Retail property - 4,521 SF Vacant Storefront, High Traffic
Where is the retail property located?
The property is located at 3330 Mall Loop Dr Joliet, IL.
What are key features of this property?
This property features: Commercial land zoned for commercial use; former Verizon property. Value-add/redevelopment opportunity with ample parking.; High-traffic location on US Hwy 30 (33,000 VPD) and I-55 (78,000 VPD), near Louis Joliet Mall (323,000 SF) in a dense retail area.; Strong demographics within a 5-mile radius, including high household incomes (six-figure).
How can I contact the broker?
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3330 Mall Loop Dr
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