1122 Collins St

Joliet, IL 60432

$1,174,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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a front view of a house with garden and parking

Description

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...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.
  1. Listed by Joseph Diaz • Taylor Street Realty
    P: (815)-955-1398 C: (815)-955-1398 josephdiaz@taylorstreetrealty.com

Property Details for 1122 Collins Street

Area
Joliet
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 04/25/2026 02:53 PM

Property Details for 1122 Collins Street

StatusActive
MLS #12599103
Days on Market71
Taxes$4,034 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale
Year Built1900
Lot Size0.85 AC / 36,988 SF
CountyWill County
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Location

Listing Courtesy of Taylor Street Realty
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Building Information for 1122 Collins Street

Stories-Residences5Year Built1900Lot Size0.85 AC / 36,988 SF

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$6,248 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,912

Property Taxes

$336

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1122 Collins Street

General Information
Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Geographic Locale: South Suburban
  • Information: List Broker Must Accompany,Show-Special Instructions
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Fuses
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 197.8X187X197.8X187
  • Lot Size Square Feet: 36988.0
  • Stories: 0
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • # Of Offices: 1
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial, Multi-Family
  • Public Document Count: 0
  • Photos Count: 2
Miscellaneous
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1122 Collins Street

DateEvent & SourcePriceAppreciation
Mar 23, 2026

Listed (Active)

MRED #12599103

$1,174,000—
DateEvent & SourcePrice
03/23/2026

Listed (Active)

MRED #12599103

$1,174,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1122 Collins Street

Taxable ValueLand$6,452Additions$38,795Total$45,247
Tax Record2024$3,474 ($289 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,435 SqFtAbove Grade Finished SqFt1,435 SqFtStories2Lot Size5,940 SqFtStyleSingle Family ResidenceYear Built1890CountyWILLAPN30-07-03-400-006

Schools near 1122 Collins Street

This home is within Joliet Township Hsd 204 School District.
Rating
School
Type
Grades
Distance
Sator Sanchez Elementary School
Public - K to 5
Gompers Junior High School
Public - 6 to 8
Joliet West High School
Public - 9 to 12
Thompson Instructional Center
Public - K to 8
Rating
School
Distance
Sator Sanchez Elementary School
PublicK to 5

Gompers Junior High School
Public6 to 8

Joliet West High School
Public9 to 12

Thompson Instructional Center
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1122 Collins Street, Joliet, IL 60432

1122 Collins Street is a mixed use property for sale in Joliet, IL 60432. This property was listed for sale on March 23, 2026 by Taylor Street Realty, it's currently listed at $1,174,000. This listing's school districts are Joliet Township Hsd 204 School District, Joliet Public School District 86 School District. Nearby schools include Sator Sanchez Elementary School, Gompers Junior High School and Joliet West High School. 1122 Collins Street is a 0-bed, 0-bath, mixed use property built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Taylor Street Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/25/2026 02:53 PM. 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.