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    25725 143Rd St Plainfield, IL 60544

    Sponsored
    For Sale
    $6,583,220

    21.59 Acres, 143rd & Steiner Rd

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 21.59-acre commercial land parcel is situated at the southwest corner of 143rd Street and Steiner Road in Plainfield, Illinois (zip code 60544). The property's strategic location is along the western extension of 143rd Street, bridging the gap between Steiner Road and Ridge Road. This prime site benefits from its adjacency to several active industrial development projects, including a 300,000-square-foot cold storage facility currently under construction, and a 1.5 million-square-foot industrial building nearing completion. Plans have also been approved for an additional 1 million-square-foot industrial building in the immediate area. Further underscoring the area's growth potential, over four hundred acres of nearby land are currently under contract for development. This is the only remaining commercially zoned parcel available for purchase in this rapidly developing area. The asking price for this significant development opportunity is $6,583,220. The property's address is 25725 W 143rd St, Plainfield, Will County, Illinois.

    Property Features for 25725 143Rd St

    General Information

    Property type
    Land
    Lot Size
    940,460 SF

    HighLights

    • Prime location along the 143rd Street Western Extension.
    • Adjacent to numerous active industrial developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Wholesale Shop Auto Repair Shop Department Store Kitchen & Bath Food Market Bar & Pub Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Will
    State
    Illinois
    Longitude
    -88.243197042829
    Latitude
    41.621934209114

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    FAQs

    What type of property is this?
    Land - 21.59 Acres, 143rd & Steiner Rd
    Where is this land located?
    The property is located at 25725 143Rd St Plainfield, IL.
    What is the asking price?
    The asking price for this property is $6,583,220.
    What are key features of this property?
    This property features: Prime location along the 143rd Street Western Extension.; Adjacent to numerous active industrial developments.;
    Request Owner's contact information
    25725 143Rd St Plainfield, IL 60544
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    Plainfield, IL 60544
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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
    25725 143Rd St Plainfield, IL 60544
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