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    1520-1536 Illinois Rte, Unit 59 Plainfield, IL

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    For Lease
    Contact for pricing

    Retail space with high visibility and abundant parking.

    Property size:
    1,600 SF
    Lot size:
    1.93 Acres

    Property Features for 1520-1536 Illinois Rte

    General Information

    Size
    1,600 SF
    Lot size
    1.93 Acres

    Source: Brookline Real Estate Agent Bill Lundy

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

    Overview

    Retail Space on Route 59

    This retail space is located on Route 59, benefiting from a high-traffic location with 31,800 daily vehicles. The property features excellent co-tenancy, anchored by Starbucks. A large pylon sign on Route 59 enhances visibility. Abundant parking is available on both sides of the center. The location offers excellent exposure and is situated blocks from I-55 access. It is part of a heavily-trafficked retail corridor with numerous national tenants and is located in a dense residential growth area. The property size is 1,600 square feet and is suitable for retail use.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Plainfield
    County
    Will
    State
    Illinois
    Longitude
    -88.2120315
    Latitude
    41.632223

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    FAQs

    What type of property is this?
    Strip mall - Retail space with high visibility and abundant parking.
    Where is this strip mall located?
    The property is located at 1520-1536 Illinois Rte, Unit 59 Plainfield, IL.
    What are key features of this property?
    This property features: - Excellent co-tenancy anchored by Starbucks.; - High traffic volume: **31,800 daily vehicles on Route 59.**; - **Large pylon sign on Route 59 for high visibility.**
    (630) 590-5910
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    1520-1536 Illinois Rte, Unit 59 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
    1520-1536 Illinois Rte, Unit 59 Plainfield, IL
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