1122 Collins Street
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.
- La Pupusera 0.5 mi
- Domino's 0.7 mi
- Rich & Creamy 0.7 mi
- Taquería Los Comales 0.7 mi
- Taquería Casa Blanca 0.7 mi
- Tamales Korinna 0.9 mi
- Supermercado Casa Blanca 0.8 mi
- BP Shop 0.9 mi
- Tiger Mart 0.9 mi
- Joliet Discount Zone 1.2 mi
- Heggie Park 850 ft
- Route 66 Park 0.7 mi
- Sanchez Memorial Park 0.7 mi
- Desmond Field 0.8 mi
- Forest Park Playlot 0.8 mi
- A F Hill Park 0.8 mi
- Sought Out Grounds on 66 1.2 mi
- Jitters 1.3 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12599103