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    Il-126 Plainfield, IL 60544

    Sponsored
    For Sale
    $680,000

    2.1 Acres, B-3 Zoning, $680K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.1-acre commercial land parcel presents a remarkable investment opportunity in Plainfield, Illinois. Located near downtown on Main Street (IL-126), this property boasts a highly desirable B-3 zoning designation, opening doors to a wide array of commercial and industrial uses. The asking price is $680,000. Utilities are conveniently located on-site, simplifying development and reducing upfront costs. The property's strategic location near the heart of Plainfield offers excellent visibility and accessibility, making it ideal for businesses seeking high traffic exposure. Potential uses include, but are not limited to, retail establishments, gas stations, car washes, and auto repair facilities. This is a rare opportunity to acquire a sizable, well-situated parcel in a thriving Illinois community. The property is privately owned and ready for immediate development. The address is Main Street, Plainfield, IL 60544, within Will County. The lot size is 2.1 acres. This prime location offers significant potential for substantial return on investment. Don't miss this chance to secure a piece of Plainfield's vibrant commercial landscape.

    Property Features for 0 Il-126

    General Information

    Property type
    Land
    Lot Size
    91,476 SF

    HighLights

    • Excellent retail, gas station, car wash, or auto repair location.
    • Existing utilities on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Plainfield
    County
    Will
    State
    Illinois
    Longitude
    -88.2411923
    Latitude
    41.6074611

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    FAQs

    What type of property is this?
    Land - 2.1 Acres, B-3 Zoning, $680K
    Where is this land located?
    The property is located at Il-126 Plainfield, IL.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: Excellent retail, gas station, car wash, or auto repair location.; Existing utilities on-site.;
    Request Owner's contact information
    Il-126 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
    Il-126 Plainfield, IL 60544
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