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    22020 S River Rd South Joliet, IL 60404

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    For Sale
    $2,580,000

    95-acre farm property with I-80 frontage, development potential.

    Property size:
    86 SF
    Lot size:
    95.00 Acres

    Property Features for 22020 S River Rd South

    General Information

    Size
    86 SF
    Lot size
    95.00 Acres

    Source: Chuck Groebe Agent Chuck Groebe

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

    Overview

    95-Acre Farm Property I-80 Frontage

    This 95-acre farm property presents an investment opportunity for future development, featuring frontage along I-80, a couple miles west of I-55. The property includes 86 tillable acres with frontage along River Road, near residential, commercial, and industrial developments. The location along I-80 offers industrial commercial potential or mixed-use residential possibilities. The property has frontage along River Road just south of the I-80 overpass. Tax amounts include $1,717 for parcel 0506294000100000 and $2,631 for parcel 0506294000200000.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Realty agency Law Firm Gym & Fitness Department Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.2174888
    Latitude
    41.4815774

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    FAQs

    What type of property is this?
    Land - 95-acre farm property with I-80 frontage, development potential.
    Where is this land located?
    The property is located at 22020 S River Rd South Joliet, IL.
    What is the asking price?
    The asking price for this property is $2,580,000.
    What are key features of this property?
    This property features: - 86 tillable acres suitable for farming.; - 95-acre property ideal for investment.; - Frontage along I-80, offering **high visibility and accessibility.**
    (708) 205-8703
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    22020 S River Rd South Joliet, IL 60404
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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
    22020 S River Rd South Joliet, IL 60404
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