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Property profile & analytics
OFF-MARKET
Lifestyle centers

12690 Illinois Rte Plainfield, IL 60585

222,892 SF Built 2003
Property ID
Property summary
AI-generated overview

This exceptional 222,892 square foot freestanding retail building, formerly a Walmart Supercenter, presents a unique investment opportunity. Situated on a 28.66-acre lot in Plainfield, Illinois, at 12690 Illinois Rte 59, zip code 60585, this single-story, 2003-built structure boasts a prime location within the IL-59 North Corridor retail trade area. The property benefits from high visibility and accessibility, featuring a signalized intersection and four convenient entrance/exit points. Its B-3 zoning designation allows for a variety of commercial uses. The Kensington Center North shopping area, nearby, draws over 406,000 monthly visitors, ensuring significant foot traffic potential. The property's APN numbers are: 0701284050220000, 0701284050200000, 0701284050160000, 0701284050230000, 0701284050210000, 0701284050190000, 0701284050240000, 0701284050250000. While the number of parking spaces is currently listed as zero, this is likely an oversight and should be verified. This property is ideal for redevelopment or repurposing, offering significant potential for a savvy investor.

Property profile
Verified
Property type Lifestyle centers
Year built 2003
Total area 222,892 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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