Tacos El Tio Acquires Retail Property In Joliet For $1.7 Million With Broker Representation
1866 West Jefferson Street
$1,700,000
$509/SF
Building Size
3,339 SF
Asset Type
Retail
Closing
Apr 20, 2026
About this deal
AI
Tacos El Tio acquired a 3,339-square-foot quick-service restaurant property at 1866 West Jefferson Street in Joliet for $1.7 million. The price per square foot for this retail asset was $509.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $1,700,000
- Address: 1866 West Jefferson Street
- Market: Joliet
- Square Footage: 3,339
- Price Per Square Foot: $509
- Buyer's Representative: Anthony Di Mauro - Raki Consulting
- Seller's Representatives: Spero Adamis, Joe Grody & Lina Adamis - SVN | Chicago Commercial
In this transaction, Raki Consulting represented Tacos El Tio, while SVN Chicago Commercial facilitated the sale on behalf of the sellers. The involvement of these brokerage firms highlights the expertise behind the successful transfer of this retail property.
On the Map
$1,700,000
$509/SF
Retail
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Players
Joliet Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93