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    Weber Rd And Airport Rd Romeoville, IL 60446

    Sponsored
    For Sale
    Contact for pricing

    1.3-acre commercial land, prime retail location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.3-acre commercial land parcel presents a unique investment opportunity in Romeoville, Illinois. Situated at the prominent corner intersection of Weber Road and Airport Road in Will County (zip code 60446), this property boasts unparalleled visibility and accessibility. The site offers multiple access points, including two signalized intersections providing full ingress and egress. Benefit from direct frontage on Weber Road, a high-traffic thoroughfare. This outparcel is the last remaining opportunity in a strong retail corridor already anchored by established businesses such as Kohl's, Walmart, and Blain's Farm & Fleet, ensuring high foot traffic and consumer visibility. The location benefits from a growing residential population, demonstrating a significant 12% increase over the past five years, indicating a robust and expanding market. Further enhancing its appeal, a Restaurant Sales Tax Incentive is available, making this an attractive proposition for food service businesses. This property's strategic location and advantageous features make it an ideal site for a variety of commercial developments. Don't miss this chance to secure a prime piece of real estate in a thriving retail environment.

    Property Features for 0 Weber Rd And Airport Rd

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • 1.3‑acre outparcel remaining in Romeoville, IL.
    • Strong retail corridor anchored by Kohl's, Walmart, and Blain's Farm & Fleet.
    • Prime corner location at Weber Rd and Airport Rd (Will County, 60446).
    • Multiple access points with two signalized intersections.
    • High visibility with direct frontage on Weber Rd.
    • Restaurant Sales Tax Incentive available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Romeoville
    County
    Will
    State
    Illinois
    Longitude
    -88.099845
    Latitude
    41.6354154

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    FAQs

    What type of property is this?
    Land - 1.3-acre commercial land, prime retail location.
    Where is this land located?
    The property is located at Weber Rd And Airport Rd Romeoville, IL.
    What are key features of this property?
    This property features: 1.3-acre outparcel remaining in Romeoville, IL.; Strong retail corridor anchored by Kohl's, Walmart, and Blain's Farm & Fleet.; Prime corner location at Weber Rd and Airport Rd (Will County, 60446).
    Request Owner's contact information
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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
    Weber Rd And Airport Rd Romeoville, IL 60446
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