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    14727 Naperville Rd Plainfield, IL 60544

    Sponsored
    For Sale
    $950,000

    10-Story Flex Space, Value-Add Opportunity

    Property size:
    21,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This unique 21,000 square foot industrial property, located at 14727 Naperville Rd in Plainfield, Illinois, presents a compelling value-add investment opportunity. The 10-story, 1912-built grain elevator boasts a solid concrete structure with rebar, offering exceptional structural integrity. Sitting on a 0.35-acre lot, this vacant building features a flat cement roof and abundant electricity. Its commanding height—the tallest structure within a 40-mile radius—provides stunning views of the Willis Tower and downtown Chicago from its upper floors. The property's prime location offers easy access to Highway 55, and its proximity to booming downtown Plainfield ensures high visibility and potential for significant development. The permitted zoning is B, allowing for a variety of uses. The property includes 10 parking spaces. With its impressive size and strategic location at the intersection of Routes 126, 59, and Naperville/Plainfield Road, this property is ideally suited for adaptive reuse, potentially as a hotel, multi-family residential complex, restaurant, or a combination thereof. The asking price is $950,000, translating to $45.24 per square foot. The property is available immediately.

    Property Features for 14727 Naperville Rd

    General Information

    Property type
    Flex space
    Square Feet
    21,000 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1912
    Buildings
    1
    Stories
    10
    Units
    1

    HighLights

    • 21,000 SF industrial property at 14727 Naperville Rd, Plainfield, IL.
    • 10‑story, 1912‑built grain elevator with solid concrete & rebar construction on a 0.35‑acre lot.
    • Vacant building with flat cement roof, abundant electricity, and 10 parking spaces.
    • Prime location with easy Highway 55 access, high visibility, and B zoning allowing diverse uses.
    • $950,000 asking price ($45.24/SF), immediately available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Will
    State
    Illinois
    Longitude
    -88.2007268
    Latitude
    41.6141641

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    FAQs

    What type of property is this?
    Flex space - 10-Story Flex Space, Value-Add Opportunity
    Where is this flex space located?
    The property is located at 14727 Naperville Rd Plainfield, IL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 21,000 SF industrial property at 14727 Naperville Rd, Plainfield, IL.; 10-story, 1912-built grain elevator with solid concrete & rebar construction on a 0.35-acre lot.; Vacant building with flat cement roof, abundant electricity, and 10 parking spaces.
    Request Owner's contact information
    14727 Naperville Rd 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
    14727 Naperville Rd Plainfield, IL 60544
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