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Cleared Land in T.I.F. District
For Sale
$245,000
Pending

LOTS 4 & 5 PLAINFIELD Road, Crest Hill, IL 60403

1.4 acres of cleared land zoned commercial B3.

Property Size11,000 SF
Lot Size1.40 Acres
Days on Market695

Property Features for LOTS 4 & 5 PLAINFIELD Road

General Information

Standard status Pending
Size 11,000 SF
Lot size 1.40 Acres
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $7,152
Listing Agency: Century 21 Circle
Listed By: Ken Thomson · License #475109316
Source: Exitrealty
Added: Dec 2, 2024 Changed: Oct 25 Last Checked: Oct 24 at 2:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Circle

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Investment Insights

Based on property information with market context.

This property features 1.4 acres of cleared, level land, consisting of two adjacent lots zoned commercial B3. It is located in Crest Hill's T.I.F. District with access off Plainfield Road. The site has been presented to and reviewed in detail by Crest Hill's Economic Development Committee, which was receptive to a multi-story vertical self-storage use at this site. Preliminary site plans are available for twin 55x200 buildings, each with 11,000 square feet, and a total of 48 parking spaces. Abundant other uses are available in the B3 district. Daily traffic counts are approximately 20,000 on Plainfield Road and 16,700 on Larkin Avenue. Water main, sanitary sewer, and detention are already available to the site.

Key Highlights

  • Approved for multi‑story vertical self‑storage.
  • Located in Crest Hill T.I.F. District.
  • 1.4 cleared, level acres zoned commercial B3.**

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Grocery & Convenience Store Storage Facility Electrical Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,336
Businesses Nearby

Demographics for 60403, IL

17,667
Population
7,884
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
4.9 sq mi
ZIP Area
3,606
Density / Sq Mi
$71,413
Median Household Income
$41,597
Median Earnings
$1,386
Median Rent
$223,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - 1.4 acres of cleared land zoned commercial B3.
Where is this self storage facility located?
The property is located at LOTS 4 & 5 PLAINFIELD Road Crest Hill, IL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Approved for multi‑story vertical self‑storage.; Located in Crest Hill T.I.F. District.; 1.4 cleared, level acres zoned commercial B3.**
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