Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Weber Rd, Unit 5 Romeoville, IL 60446

    View on Map
    Sponsored
    For Sale
    $775,000

    LAND - Romeoville, IL

    Lot size:
    1.71 Acres
    Days on Market:
    51
    Last Refresh:
    Mar 6 at 10:06 pm

    Property Features for Weber Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    1104072050070000
    Lot size
    1.71 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Bonnie Willis
    Bonnie Willis

    Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) (815) 553-2411

    Listing agent Bonnie Willis (815) 482-1558

    Listing date Jan 15, 2026

    MLS# 12272880 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Vacant Land in Romeoville, IL

    This 1.71-acre vacant land parcel is located in Romeoville, IL. The site benefits from high visibility, a high traffic count, and high population density. Potential uses include restaurant, self-storage, or gas station. Interested parties should contact the Village for further information and zoning details.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Romeoville
    County
    Will
    State
    Illinois
    Longitude
    -88.124475
    Latitude
    41.620429

    Nearby Similar for Sale

    • $2,200,000
      18,480 SF

      Fully Leased Office Building

      Fully leased office building with recent and upcoming improvements.
      1211 W Lakeview Ct, Romeoville, IL 60446
      View Details
    • Contact for pricing
      47,487 SF

      Windham Parkway Office Space Available

      Office spaces for sale in Windham Business Park.
      1261 Windham Pkwy, Romeoville, IL 60446
      View Details
    • Contact for pricing
      43,590 SF

      Class A Office Building

      New Class A office building in Windham Business Park.
      1250 Windham Pkwy, Romeoville, IL 60446
      View Details
    • Contact for pricing
      271,803 SF

      Industrial Space in Crossroads Park

      152,285 SF industrial space with office in Romeoville.
      1200 N Schmidt Rd, Romeoville, IL 60446
      View Details
    • Contact for pricing
      5,258 SF

      Freestanding Building with Drive-Thru

      5,258 SF building with drive-thru on hard corner.
      495 Weber Rd, Romeoville, IL 60446
      View Details
    • Contact for pricing
      20,401 SF

      Versatile Commercial Building on Large Lot

      20,401 SF building on 3.99 acres for sale/lease.
      719-721 N Independence Blvd, Romeoville, IL 60446
      View Details
    • Contact for pricing
      10,030 SF

      Kiddie Academy Investment Opportunity

      NNN investment opportunity in Romeoville, Illinois.
      1100 Airport Rd, Romeoville, IL 60446
      View Details
    • $470,000
      3,020 SF

      Former Church Sanctuary Space

      Move-in ready sanctuary with open layout and abundant natural light.
      1251 Windham Pkwy, Romeoville, IL 60446
      View Details
    • $205,000
      1,315 SF

      Move-in Ready Professional Office Space

      Professional office space near I-55, adaptable for various business uses.
      1251 Windham Pkwy, Romeoville, IL 60446
      View Details
    • $1,895,000
      50,295 SF

      Prime Romeoville Office Condo

      Spacious Worship Space, Ideal for Diverse Uses
      1251 Windham Pkwy, Romeoville, IL 60446
      View Details
    • Contact for pricing
      1,988 SF

      Spacious Townhome in Malibu Bay

      Well-maintained 3-bedroom townhome with modern amenities and convenient location.
      1033 Key Largo Dr, Romeoville, IL 60446
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.71 acre vacant land parcel with high visibility.
    Where is this commercial land located?
    The property is located at Weber Rd, Unit 5 Romeoville, IL.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - High visibility location ideal for business.; - High traffic count.; - High-density area.
    (708) 301-4700
    Request Owner's contact information
    Weber Rd, Unit 5 Romeoville, IL 60446
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Weber Rd, Unit 5
    Romeoville, IL 60446
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Weber Rd, Unit 5 Romeoville, IL 60446
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bonnie Willis
    Bonnie Willis
    (708) 301-4700 (815) 482-1558 (815) 553-2411
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!