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    000 Wood Farm Rd Plainfield, IL 60544

    For Sale
    $4,805,750

    Land suitable for high-density multi-family development in Plainfield, Illinois.

    Lot size:
    14.71 Acres

    Property Features for 000 Wood Farm Rd

    General Information

    Standard status
    Active
    Lot size
    14.71 Acres

    Source: LAND PARTNERS, LLC Agent LARRY DICKSTEIN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Downtown Plainfield Location

    This property is located within walking distance of the stores and restaurants in downtown Plainfield and the Park 'n Ride. The property is currently in the county and can be annexed to Plainfield. According to Plainfield's new comprehensive plan, this property is intended for high-density multi-family development in the R-4 zoning district.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Will
    State
    Illinois
    Longitude
    -88.2114841
    Latitude
    41.6136666

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    FAQs

    What type of property is this?
    Commercial land - Land suitable for high-density multi-family development in Plainfield, Illinois.
    Where is this commercial land located?
    The property is located at 000 Wood Farm Rd Plainfield, IL.
    What is the asking price?
    The asking price for this property is $4,805,750.
    What are key features of this property?
    This property features: - Great Location, walking distance to downtown Plainfield's stores and restaurants.; - Convenient access with walking distance to the Park 'n Ride.; - Development potential: Designated for high-density multi-family development (R-4 zoning).
    (847) 394-8000
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    000 Wood Farm Rd Plainfield, IL 60544
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    Plainfield, IL 60544
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    Realmo Value Estimation

    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.

    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.

    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
    000 Wood Farm Rd Plainfield, IL 60544
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