3340 Mall Loop Drive

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3340 Mall Loop Drive

Joliet, IL 60433
Asking Price
$2.00M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront property located in Joliet, Illinois.
  • The asking price for this asset is $2,000,000.
  • Address is 3340 Mall Loop Drive within a retail corridor.
  • The property is situated in the broader Chicago metropolitan area.
  • Versatile layout suitable for various commercial or retail uses.

What's Special

This retail storefront located at 3340 Mall Loop Drive in Joliet, Illinois, provides a versatile footprint for investors or owner-occupiers. The property is situated within a established commercial corridor in the Joliet submarket, a region known for its significant role in the Chicago metropolitan area's logistics and retail economy. Proximity to major transportation arteries supports consistent regional access and visibility for businesses aiming to serve the local population. Prospective buyers might consider this asset for a variety of retail applications, ranging from traditional boutique storefronts to service-oriented business models. The location benefits from the steady economic activity characteristic of this Illinois hub, making it a functional choice for those seeking to capitalize on local consumer traffic. With its strategic placement in a high-activity retail zone, this storefront offers a practical foundation for business operations or strategic investment portfolios focused on the commercial sector.

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

Location & Travel Times