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    11840 Illinois Rte, Unit 59 Plainfield, IL

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    For Lease
    Contact for pricing

    Retail property in affluent area with high traffic counts.

    Property size:
    10,880 SF
    Lot size:
    13.03 Acres

    Property Features for 11840 Illinois Rte

    General Information

    Size
    10,880 SF
    Lot size
    13.03 Acres

    Source: CBRE | Chicago Agent Sean McCourt

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

    Overview

    Retail Space in Plainfield

    This retail property is located in an affluent area with an average income of $190,000 and a highly educated population, with 69% holding a college degree. The location benefits from high traffic counts of 43,000 vehicles per day and proximity to 1 million square feet of retail space. Current tenants include national retailers such as Kohls and CVS Pharmacy, as well as Buffalo Wild Wings. A large pylon panel is available, along with a junior anchor facade. The property offers 10,880 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Strip malls

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    Map

    City
    Plainfield
    County
    Will
    State
    Illinois
    Longitude
    -88.2120315
    Latitude
    41.632223

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    FAQs

    What type of property is this?
    Shopping center - Retail property in affluent area with high traffic counts.
    Where is this shopping center located?
    The property is located at 11840 Illinois Rte, Unit 59 Plainfield, IL.
    What are key features of this property?
    This property features: - Affluent Area: average incomes of $190,000; - 1 Million SF of Retail; - High Visibility: 43,000 VPD Traffic Counts
    (312) 935-1400
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    11840 Illinois Rte, Unit 59 Plainfield, IL
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    Plainfield, IL
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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
    11840 Illinois Rte, Unit 59 Plainfield, IL
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