81 W Jefferson Street, Joliet, IL 60432

Property Description

Rare downtown Joliet restaurant opportunity directly across from Will County Courthouse! Unbeatable location for dine-in and carry-out, with parking, liquor license in place, and TIF available. Approx. 2,420 sq ft on the main level plus ~726 sq ft upstairs office/storage space, and a full basement. Built-out for restaurant or food service with ample dine-in area, 2 restrooms, large kitchen featuring a hood and 3-compartment sink, and rear storage area for refrigeration and back-of-house use. Located in Joliet's City Center TIF district and within the Des Plaines River Valley Enterprise Zone, offering potential business opportunities. Strong visibility with AADT reported at 11,110. MG lease @ $3,500/month + water, gas, and electric (no tax or CAM charges). Owner is offering 2 months rent abatement + 37k in TIF when opened to help with buildout. Adjacent parking lot with approx. 20 spaces included for shared use with adjacent liquor store, or can be negotiated separately for exclusive use/conversion to beer garden. Adjacent to Barrett's Lot, city parking with 65 spaces.

Listing Status:

Active

Data Last Updated:

February 15, 2026 at 12:18PM

Listing Office:

Keller Williams Preferred Rlty : 708-808-0220

Listing Agent:

Alexander Fenske : 708-508-2539

MLS ID:

12541445

Interior

• Flooring: Vinyl
• A/C: Central AirExhaust Fan

Construction

• General: Concrete Perimeter

Location

• Road/Access: City Street
• HOA Amenities: Not Applicable
• Originating MLS: mred
• County: Will

Lot

• Zoning: COMMR
• Current Use: Commercial

Utilities

• Utilities: Circuit Breakers

Financial

• Source: mred