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Listing provided courtesy of RE/MAX Ultimate ProfessionalsMREDas Distributed by MLSGrid- MLS# 12274581MLS Provider

507 Theodore StreetJoliet, IL 60435

Commercial · 7,200 Sq. ft.
$300,000 Active

507 Theodore Street Overview

Time on Site:
524 days
Visits:
1

This is your opportunity to own a thriving, lucrative, bar business! Well known bar in Joliet with friendly atmosphere and video gaming to boot. This listing is for the bar business only. LA has fixture list/inventory. (Confidentiality agreement is required to examine financials). Gaming requires person in charge to be vetted by the state. Gaming income can be found on the State of Illinois gaming site. Bring your serious, qualified buyers to inquire about this fabulous business opportunity!

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507 Theodore Street Facts & Features

  • Type Commercial
  • Sq. ft. 7,200
  • Price/Sq.ft. $42

Details

General

Income/Expenses

  • Existing Lease Type: N/A
  • Operating Expense: 0

Business Information

  • Business Name: IZZY'S BAR LLC
  • Business Type: Bar/Tavern/Lounge

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Joliet

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2023

General Information

  • Parcel Number: 9999999990000000
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 7200

General Information

  • Cooling: Central Air
  • Stories: 1

Unit Information

  • Unit SqFt.: 1240

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 80X106
  • Lot Size Square Feet: 12197

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block

507 Theodore Street Neighborhood

Community

60435 (Crest Hill) Demographics

37
Median Age
4,601
Population Density (per sq. mile)
30%
College Educated
$61,546
Estimated Median Income
11,832
Estimated Total Home Owners
7,130
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

507 Theodore Street Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

507 Theodore Street Market Data

Based on the last 30 days in this zip code

$306,208
Average List Price
$190
Average Price per Square Foot
42
Properties Sold
43
Average Days on Market
127
Properties for Sale
Calculations provided by Reliance Network

507 Theodore Street History

Date Event Value Agent
5/18/2026Source: MRED Status Change
Active
5/13/2026Source: MRED Status Change
Re-activated
1/26/2025Source: MRED Status Change
Active
1/21/2025Source: MRED Added to Database
January 21, 2025