Versatile Commercial Property For Sale

2304 Plainfield Road Crest Hill, IL 60403

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For Sale
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High-visibility commercial property with office and industrial space for sale.

Type:Mixed Use
Property size:
4,815 SF
Price / SF:
$80/SF
Added:
May 18, 2026
Days on Market:
56
Last Refresh:
Jun 22 at 11:02 pm

Property Features for 2304 Plainfield Road

General Information

Standard status
Active
Size
4,815 SF
Property subtype
Mixed Use

Building Details

Year Built
1970

Listing office Vylla

Listing date May 18, 2026

Source Crexi

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 Vylla


Investment Insights

Based on property information with market context.

This commercial property offers a versatile space that integrates a professional office environment with industrial utility. The modern interior includes a reception hall, private executive offices, a conference room, and an ADA-compliant restroom. The property also features a dual-garage setup and industrial storage space. A new roof has been installed. The property is located on a high-traffic commercial corridor with high visibility, with over 131,000 vehicles passing by weekly, and is situated near the I-55 interchange. It includes ample parking with 11+ spaces and pylon signage. The property is suitable for law firms, insurance agencies, medical consultants, creative studios, HVAC, plumbing, or electrical contractors, landscaping firms, e-commerce fulfillment, or automotive detailing. It is also suitable for specialty retail, medical clinics, or fleet operations. The property has a total size of 4815 square feet.

Key Highlights

  • High‑traffic location on Plainfield Road with over 131,000 vehicles passing by weekly, providing exceptional exposure.
  • Versatile space suitable for both professional office and industrial uses, accommodating a wide range of businesses.
  • Minutes from the I‑55 interchange, offering convenient access and transportation.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $31.2k $6.48
− Vacancy −$1.6k −$0.33
EGI $29.6k $6.15
− OpEx −$4.4k −$0.92
NOI $25.2k $5.23
4,815 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%

Alternative Uses

Best Use
Mixed Use
$1.04M
$914.1K – $1.22M (±1% cap)
NOI $73,128 @ 7.0% cap · market cap 18.76%
Second Best
Office B
$826.3K
$723.1K – $964.1K (±1% cap)
NOI $57,844 @ 7.0% cap · market cap 14.84%
Theoretical Best
Office A
$1.09M
$955.5K – $1.27M (±1% cap)
NOI $76,443 @ 7.0% cap · market cap 19.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Law Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Daycare Center Cafe & Coffee Shop Furniture & Home Goods Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - High-visibility commercial property with office and industrial space for sale.
Where is this mixed-use property located?
The property is located at 2304 Plainfield Road Crest Hill, IL.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: High‑traffic location on Plainfield Road with over 131,000 vehicles passing by weekly, providing exceptional exposure.; Versatile space suitable for both professional office and industrial uses, accommodating a wide range of businesses.; Minutes from the I‑55 interchange, offering convenient access and transportation.
Contact an agent
(877) 330-2773 Call to check price and availability
More about this property
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