Joliet, MT Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Joliet, Montana Market population: 147K. Explore income-producing properties with verified cap rates and operating...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Joliet IL Properties: 4.3450%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Joliet IL
Common questions from investors exploring commercial real estate in Joliet IL.
What is the overall investment potential of Joliet, IL, considering its demographic and economic factors?
+
Joliet, IL, with a population of 147,459 and a median age of 32.4, presents a stable investment market, given its median household income of $61,744 and a relatively low poverty rate of 11.5%, combined with a high health insurance coverage rate of 90.2%, indicating a market with employment stability and access to healthcare.
How does the ethnic diversity and industry landscape of Joliet influence its real estate market demand?
+
The city's ethnic diversity, with top ethnicities being White (35.7%), White Non-Hispanic (27.0%), and Hispanic (17.2%), alongside its top industries including Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing, suggests a varied and potentially robust market demand, supported by a foreign-born rate of 13.6% and an employed population of 67,361.
What insights can be gleaned from Joliet's housing market and quality of life metrics for real estate investment?
+
Joliet's housing market, characterized by a median property value of $171,700 and a homeownership rate of 71.3%, combined with quality of life metrics such as an average commute time of 30.5 minutes and top commute methods including driving alone, carpooling, and working at home, indicates a stable and potentially growing market, further reinforced by a health insurance coverage rate of 90.2% and a median household income of $61,744.
How do poverty rates and health insurance coverage interact to influence tenant quality and stability in Joliet?
+
The 11.5% poverty rate in Joliet, when considered alongside the 90.2% health insurance coverage, suggests a working-class market with a degree of employment stability, as the high health insurance coverage rate may mitigate some of the challenges associated with poverty, potentially leading to more stable tenants and a more predictable rental income stream.
What role do commute times, top industries, and ethnic diversity play in assessing market stability and demand in Joliet for real estate investment?
+
The average commute time of 30.5 minutes, top industries such as Agriculture, Forestry, Fishing & Hunting, & Mining, and the ethnic diversity with White, White Non-Hispanic, and Hispanic populations, collectively contribute to an assessment of Joliet as a market with stable demand, supported by its diverse economy and relatively short commute times, which can attract a wide range of residents and contribute to the stability of the real estate market.
Joliet IL Real Estate & City Facts
Key facts and real estate information about Joliet IL.
What are some of the best neighborhoods to live in Joliet?
+
Some of the best neighborhoods to live in Joliet include Cunningham, Crystal Lawns, Southwest Joliet, Cathedral Area, and Preston Heights. These neighborhoods are known for their friendly communities, family-friendly environments, and historic homes. Additionally, neighborhoods like Midland Avenue West, Emerald Lawns, Twin Oaks, Reedswood, and North East are considered safe and have a low crime rate.
What are some fun things to do in Joliet?
+
Joliet has a lot to offer when it comes to fun activities. You can visit the Joliet Area Historical Museum, take a tour of the Old Joliet Prison, or catch a show at the Rialto Square Theatre. If you're looking for some outdoor fun, you can explore the Illinois Route 66 Scenic Byway or visit the nearby parks and nature reserves. There are also plenty of great restaurants and bars to check out, like the Hollywood Casino Joliet or the Sigma male alpha square theater.
What is the food scene like in Joliet?
+
The food scene in Joliet is diverse and exciting. You can find everything from classic Italian cuisine at Sorellina by Giada to delicious Greek food at Mousa Greek Taverna. There are also plenty of great pizza places like Cemeno's Pizza, and burger joints like Hamburgerseria. If you're looking for something a little different, you can try Azul Celeste Bar and Grill or Thrive and Saveur. And don't forget to check out the local food trucks and markets for some unique and tasty treats.
What are the pros and cons of living in Joliet?
+
Living in Joliet has its pros and cons. On the plus side, Joliet has a rich history and culture, with plenty of fun activities and attractions to explore. The city also has a relatively low cost of living and a diverse range of neighborhoods to choose from. However, some areas of Joliet can be prone to crime, and the city's economy has faced challenges in the past. Additionally, traffic and congestion can be a problem in some areas. Overall, Joliet is a great place to live for those who value history, culture, and community, but it's not without its challenges.
Is Joliet a good place to live?
+
Joliet is a great place to live for those who value history, culture, and community. The city has a lot to offer, from its rich history and cultural attractions to its diverse range of neighborhoods and outdoor activities. While Joliet does face some challenges, such as crime and economic development, the city is working to address these issues and improve the quality of life for its residents. Overall, Joliet is a good place to live for those who are looking for a unique and vibrant community with a lot to offer.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Joliet IL Commercial Property: $61,744
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement