Fully-Leased Prime Investment Property

For Sale

247 Brook Forest Avenue, Shorewood, IL 60404

This Shorewood property for sale is located at 247 Brook Forest Avenue. The current listed sale price for Fully-Leased Prime Investment Property is $1,300,000. Fully-Leased Prime Investment Property is situated on a lot that is 1.04 acre in size.

Contacts

broker
Bill Caton

Caton Commercial Real Estate Group

Property Details

  • Property Type Retail - Freestanding
  • Property Size 8,663 SF
  • Lot Size 1.04 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2006
  • Date Updated Dec 10, 2024
Located just 6 miles west of downtown Joliet, IL in strong trade area near national tenants, health systems, and highways.Single tenant net lease investment opportunity, offered at a 9.23% Cap Rate. Guiding Light Academy opened in June of 2014.
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Highlights

  • Excellent passive investment opportunity with long-term tenant in place
  • 7-year term with multiple 5-year options, and 10% increases every 5 years
  • Freestanding building in Jewel-Osco anchored shopping center
  • Five curb cuts with access from Brook Forest Ave and Jefferson St
  • High visibility from major thoroughfare

Attachments

Getting around

  • 38/100

    Walk Score ®

  • 35/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Shorewood, IL
  • Zip Code 60404
  • Market Chicago

Points of Interest

  • Joliet

    6.32 miles

  • BP

    0.51 miles

  • Speedway

    0.82 miles

  • Citgo

    1.05 miles

  • Murphy USA

    1.67 miles

  • 7-Eleven

    2.59 miles

  • Thorntons

    2.64 miles

  • Thornton's

    2.82 miles

  • Food N Fuel

    3.54 miles

  • Plainfield Village Hall and Settlers' Park - Parking Lot

    5.83 miles

  • Medical Center Parking

    5.84 miles

  • Pace Plainfield Park-N-Ride

    6.65 miles

  • Chicagoland Speedway Handicapped Parking

    7.92 miles

  • Pizza For U

    0.14 miles

  • Chicken-N-Spice

    0.15 miles

  • Burger King

    0.20 miles

  • Skooters Road House

    0.20 miles

  • Frosty Tips

    0.22 miles

  • Dairy Queen

    0.29 miles

  • Rosati's

    0.33 miles

  • Subway

    0.34 miles

  • Smile of Siam

    0.39 miles

  • Crispy Waffle

    0.53 miles

  • Jewel-Osco

    0.11 miles

  • ALDI

    0.81 miles

  • Mariano's Fresh Market

    0.93 miles

  • Target

    1.29 miles

  • Walmart Supercenter

    1.63 miles

  • Gordon Food Service

    2.44 miles

  • Tony's Fresh Market

    2.71 miles

  • Kohl's

    3.05 miles

  • Louis Joliet Mall

    4.06 miles

  • JCPenney

    4.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Bill Caton

Caton Commercial Real Estate Group