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    2420 S Chicago St Joliet, IL 60436

    For Sale
    $524,900

    2.75 acre parcel near Pilot Travel Center in Joliet.

    Lot size:
    2.75 Acres

    Property Features for 2420 S Chicago St

    General Information

    Lot size
    2.75 Acres

    Source: Keller Williams Preferred Realty Agent Ruben Vallejo

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

    Overview

    2.75 Acre Commercial Parcel

    This 2.75-acre parcel is located just south of the Pilot Travel Center in Joliet, situated on Route 53 and Laraway Road, near the Food N Fuel gas station and the Laraway Crossings Industrial Park. It is approximately one minute from the Chicagoland Speedway Racetrack in Joliet. The site benefits from good traffic counts and is located in a growing area. The property is currently being farmed and offers potential for commercial and industrial uses. Gas and electric services are available to the site, with sewer and water services extending to the edge of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Pharmacy Department Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.0796494
    Latitude
    41.4788339

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    FAQs

    What type of property is this?
    Commercial land - 2.75 acre parcel near Pilot Travel Center in Joliet.
    Where is this commercial land located?
    The property is located at 2420 S Chicago St Joliet, IL.
    What is the asking price?
    The asking price for this property is $524,900.
    What are key features of this property?
    This property features: - 2.75 acre parcel with potential for commercial and industrial uses.; - Located in a growing area with good traffic counts.; - Gas and electric available to the site.
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    2420 S Chicago St Joliet, IL 60436
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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
    2420 S Chicago St Joliet, IL 60436
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