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ActiveMLS #: 12721734Get an accurate number
ActiveMLS #: 127217345.8 acres
$800,000
0000 McDonough Street, Joliet IL, 60436
Est. payment: $5,108/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Lot size
5.8 acres
Property type
Land
Listed by Sairavi Suribhotla with Keller Williams Infinity
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
Prime 5+ Acre Commercial Development Opportunity Exceptional opportunity to own more than 5 acres of commercially zoned land strategically located less than a quarter mile from the Interstate 80 and Larkin Avenue interchange. Zoned B-3 General Business District, this property is well suited for a wide range of commercial, retail, service, office, or mixed-use development opportunities. The site is positioned in a thriving commercial corridor surrounded by established retailers, national brands, and local businesses. With more than 30,684 households within a 3-mile radius, the property offers excellent visibility, accessibility, and strong consumer demographics. Utilities are available at or near the property, helping to streamline future development. The offering consists of two adjacent parcels that are bisected by a public road right-of-way, providing flexibility for a variety of site planning and development concepts. Whether you're an investor, developer, or business owner, this is a rare opportunity to secure a highly visible commercial site in a rapidly growing location.
Location
0000 McDonough Street, Joliet IL, 60436
- Township
- Joliet
- County
- Will
- Area
- Joliet
Exterior and lot
- Lot size
- 5.8 acres (232 X 475 X 398 X 316)
- Total parking
- 0
- Water
- Municipal Water
- Utilities
- Electricity Nearby, Natural Gas Nearby, Sewer Connected, Water Available
Schools
- Elementary district
- 86
- Middle district
- 86
- High school district
- 86
Taxes and ownership
- Annual taxes
- $10,467 (2023)
- Ownership
- Fee Simple
- Possession
- Closing, Immediate
Listing details
- MLS number
- 12721734
- Status
- Active
- Property type
- Land
- Town
- Joliet
- ZIP
- 60436
- Updated
- Aug 12, 2026
Estimate your payment
Term, years
Your monthly payment will be
$5,108
Principal, interest, and estimated taxes.
Loan $640,000 Down $160,000
- Principal and interest
- $4,236
- Property taxes (2023, per the listing)
- $872
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 21, 2026, 7:45 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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