Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Shorewood Swc Rte 59 & Black Rd Shorewood, IL 60404

    Sponsored
    For Sale
    $1,400,000

    ±6 Acres, Buildable to ±100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional ±6-acre commercial land parcel presents a unique investment opportunity in Shorewood, Illinois. Located at the highly visible and easily accessible signalized intersection of Route 59 and Black Road, this fully improved pad site boasts a pre-existing parking lot and convenient access drives. Priced at $1,400,000, the property is zoned B3 PUD, allowing for the construction of up to approximately 100,000 square feet of commercial space. Its strategic location offers unparalleled visibility and convenient access for potential businesses. The site benefits from its adjacency to a newly constructed Aldi store and a strong concentration of established national retailers, including Home Depot, McDonald's, Mattress Firm, Firestone, and O'Reilly Auto Parts. This prime location ensures high traffic volume and excellent exposure, making it an ideal site for a variety of commercial developments. The property's infrastructure is already in place, minimizing development costs and expediting the construction process. This is a rare opportunity to acquire a ready-to-develop commercial site in a thriving retail corridor. The property is situated in Will County, Illinois, with a 60404 zip code. The precise coordinates are 41.5361433 latitude and -88.1991407 longitude.

    Property Features for Shorewood Swc Rte 59 & Black Rd

    General Information

    Property type
    Land

    HighLights

    • ±6‑acre commercial land parcel in Shorewood, IL, at Route 59 & Black Road.
    • $1,400,000 asking price.
    • B3 PUD zoning, allowing up to 100,000 SF of commercial space.
    • Fully improved pad site with existing parking lot and access drives.
    • High visibility location near Aldi, Home Depot, McDonald's, and other national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shorewood
    County
    Will
    State
    Illinois
    Longitude
    -88.1991407
    Latitude
    41.5361433

    Nearby Comparable

    • $1,800,000
      7.00 Acres

      Prime Joliet Commercial Land

      7-Acre Site, $1.8M, High Visibility
      0 Swc Rt 59 & Black Rd, Shorewood, IL 60404
      View Details
    • $289,900
      1,450 SF

      Charming Ranch Home with Updates

      Bright 2-bedroom, 2-bath ranch home with updated features.
      1235 Oleary Dr, Joliet, IL 60431
      View Details
    • $927,855
      1.00 Acre

      0002 State Rte 59

      Land • 1.00 Acre
      0002 State Rte 59, Plainfield, IL 60586
      View Details
    • $2,900,000
      2.00 Acres

      0000 South State Route 59

      Land • 2.00 Acres
      0001 State Rte 59, Plainfield, IL 60586
      View Details
    • $289,500

      Commercial Land I-55 Frontage

      Commercial land with high traffic count and B-2 zoning.
      4235 Caribou Ct, Joliet, IL 60431
      View Details
    • Contact for pricing
      8.77 Acres

      Joliet Industrial Land - 8.77 Acres

      Prime Will County industrial site, I-55 access.
      0 Frontage Rd & Rte 52, Joliet, IL 60431
      View Details
    • $1,900,000
      2.00 Acres

      0006 State Rte 59

      Land • 2.00 Acres
      0006 State Rte 59, Plainfield, IL 60586
      View Details
    • $1,100,000
      0.50 Acres

      0005 State Rte 59

      Land • 0.50 Acres
      0005 State Rte 59, Plainfield, IL 60586
      View Details
    • $343,445
      1,760 SF

      Modern Townhome in Lakewood Prairie

      Two-story townhome with modern amenities in a master-planned community.
      7819 Nightshade Ln, Joliet, IL 60431
      View Details
    • $339,095
      1,701 SF

      New Two-Story Townhome in Joliet

      Modern two-story townhome with open layout, private patio, and two-car garage.
      7813 Nightshade Ln, Joliet, IL 60431
      View Details
    • $356,795
      1,760 SF

      New Townhome in Lakewood Prairie

      Three-bedroom townhome in master-planned community with modern amenities.
      7815 Nightshade Ln, Joliet, IL 60431
      View Details
    • $323,345
      1,539 SF

      New Townhome in Joliet, Illinois

      Three-bedroom, 2.5-bath townhome in master-planned Joliet community.
      7802 Nightshade Ln, Joliet, IL 60431
      View Details

    Nearby Similar for Sale

    • $5,113,928
      10,000 SF

      Shorewood Learning Experience For Sale

      100% leased to The Learning Experience on NNN lease.
      301 W Black Rd, Shorewood, IL
      View Details

    FAQs

    What type of property is this?
    Land - ±6 Acres, Buildable to ±100,000 SF
    Where is this land located?
    The property is located at Shorewood Swc Rte 59 & Black Rd Shorewood, IL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: ±6-acre commercial land parcel in Shorewood, IL, at Route 59 & Black Road.; $1,400,000 asking price.; B3 PUD zoning, allowing up to 100,000 SF of commercial space.
    Request Owner's contact information
    Shorewood Swc Rte 59 & Black Rd Shorewood, IL 60404
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Shorewood Swc Rte 59 & Black Rd
    Shorewood, IL 60404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Shorewood Swc Rte 59 & Black Rd Shorewood, IL 60404
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.