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454 S Joliet Street Joliet, IL 60436 • Commercial - Business • Active

  • 454 S Joliet Street, Joliet, IL 60436 Main Photo

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Description

A STORIED PAST. A BLANK CANVAS. A NEW VISION WAITING TO TAKE SHAPE! Opportunities to preserve, repurpose, and reimagine don't come along every day. Welcome to 450-454 S. Joliet Street, the former Warren-Sharpe Community Center, where more than a century of architectural history meets the potential for an entirely new chapter. Originally constructed circa 1890, this distinctive 9,117-square-foot building includes approximately 5,878 square feet of original construction and a later 3,239-square-foot addition. Once dedicated to education, enrichment, and neighborhood engagement, the former community center offers an existing layout featuring classrooms, meeting rooms, private offices, reception space, a kitchen, and multiple restrooms-providing an established foundation for a variety of adaptive reuse concepts. But the opportunity extends well beyond the building itself! Offered with additional parcels totaling approximately 1.05 acres across six PINs, this assemblage opens the door to broader site planning and redevelopment possibilities. Consider the potential for an educational or training facility, nonprofit headquarters, community services campus, professional offices, institutional use, or a thoughtfully planned residential or mixed-use redevelopment, subject to municipal approvals. Additional parcels currently accommodate features including paved parking, a community garden, and a playground, offering possibilities for continued outdoor amenities or future site improvements. Located along the South Joliet Street corridor with convenient access to downtown Joliet, local transportation, municipal services, and established residential and commercial areas, this property offers developers and visionaries an opportunity to invest in an established community while exploring what comes next. PRESERVE THE LEGACY. REIMAGINE THE SPACE. CREATE THE NEXT CHAPTER. Property offered as-is. Appraisal identifies R-2 residential zoning and assumes special-use authorization; buyers must independently verify zoning, permitted uses, historical occupancy, building condition, floodplain requirements, parcel boundaries, and all necessary development approvals. Portions of the property are located within FEMA Flood Zone AE.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1895

General Information

County: Will
Listed By:
Trademarks & Associates 773-306-0352
MRED MLS
$319,900
Est. $2,226/mo
Active
MLS#12782645
STATUSActive PROPERTY TYPECommercial - Business

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454 S Joliet Street, Joliet, IL 60436.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $319,900$319,900$319,900
Down Payment $63,980$11,197$79,975
Monthly Mortgage Amount $1,681$2,063$2,074
Taxes $445$445$445
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$141$0
Monthly Estimated Total $2,226$2,749$2,619

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