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    33 Belmont Dr Romeoville, IL 60446

    Sponsored
    For Sale
    $575,000

    1+ Acre Industrial Lot, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.1-acre (43,624 sq ft) industrial lot in Romeoville, IL (APN 12-02-34-315-004-000) is priced at $575,000 and presents a unique development opportunity. Located at 33 E Belmont Dr, 60446, this M-1 zoned property boasts on-site utilities, eliminating costly infrastructure hurdles. The off-site water detention facility maximizes usable land area. Preliminary village approval exists for a 7,000 sq ft truck shop, encompassing six drive-in doors, office space, and parking for 7-10 trailers. The strategic location at the intersection of Belmont and Rt 53, complete with a traffic signal, ensures excellent visibility and accessibility. Low property taxes further enhance the investment potential. Environmental site assessments confirm clean soil conditions, promising a streamlined development process. This property offers immediate construction potential in a prime location with convenient access to major transportation routes. This is a rare opportunity to establish a significant industrial presence in a thriving community.

    Property Features for 33 Belmont Dr

    General Information

    Property type
    Land

    HighLights

    • Ready‑to‑develop industrial lot.
    • High‑traffic location with excellent visibility.
    • Zoned for a variety of industrial uses.
    • Utilities readily available on‑site.
    • Competitive pricing and flexible terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Romeoville
    County
    Will
    State
    Illinois
    Longitude
    -88.0801588
    Latitude
    41.6475001

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    FAQs

    What type of property is this?
    Land - 1+ Acre Industrial Lot, Ready to Build
    Where is this land located?
    The property is located at 33 Belmont Dr Romeoville, IL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Ready-to-develop industrial lot.; High-traffic location with excellent visibility.; Zoned for a variety of industrial uses.
    Request Owner's contact information
    33 Belmont Dr Romeoville, IL 60446
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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
    33 Belmont Dr Romeoville, IL 60446
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