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    Van Dyke Rd Plainfield, IL 60544

    Sponsored
    For Sale
    $6,600,000

    24 Acres, Excellent Location, $6.6M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 24-acre commercial land parcel presents a unique investment opportunity in the thriving town of Plainfield, Illinois. Strategically located on the east side of Van Dyke Road, north of Route 126, this property offers unparalleled accessibility and visibility. The land is comprised of two parcels: one measuring 14.71 acres and the other 9.25 acres, providing flexibility for various development scenarios. Its prime location offers convenient access to the vibrant downtown Plainfield area, boasting a wide array of shops and restaurants within walking distance. Adding to its appeal is the proximity to a park 'n ride, enhancing its attractiveness to commuters and employees. The asking price for this expansive commercial land is $6,600,000. With its size, location, and potential, this property represents a compelling investment for developers seeking a high-impact project in a rapidly growing community. The property's address is E Van Dyke Rd, Plainfield, IL 60544, situated in Will County. This is a rare opportunity to acquire a significant land holding in a desirable location with exceptional potential for future development and strong return on investment. The property's coordinates are 41.5890798 latitude and -88.2315221 longitude.

    Property Features for 0 Van Dyke Rd

    General Information

    Property type
    Land
    Lot Size
    1,045,440 SF

    HighLights

    • 24‑acre site comprised of two parcels totaling 23.96 acres.
    • Two parcels: 14.71 acres and 9.25 acres.
    • Excellent Plainfield location on Van Dyke Road, north of Route 126; walkable to downtown amenities and the Park & Ride.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Plainfield
    County
    Will
    State
    Illinois
    Longitude
    -88.2315221
    Latitude
    41.5890798

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    FAQs

    What type of property is this?
    Land - 24 Acres, Excellent Location, $6.6M
    Where is this land located?
    The property is located at Van Dyke Rd Plainfield, IL.
    What is the asking price?
    The asking price for this property is $6,600,000.
    What are key features of this property?
    This property features: 24-acre site comprised of two parcels totaling 23.96 acres.; Two parcels: 14.71 acres and 9.25 acres.; Excellent Plainfield location on Van Dyke Road, north of Route 126; walkable to downtown amenities and the Park & Ride.
    Request Owner's contact information
    Van Dyke Rd 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
    Van Dyke Rd Plainfield, IL 60544
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