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    1290 Normantown Rd Romeoville, IL 60446

    For Lease
    $39 SF/Yr ($13,001 /Mo)

    1.69-acre retail land lease/build-to-suit

    Lot size:
    3,979 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.69-acre commercial property in Romeoville, IL, presents a unique opportunity for redevelopment. Located at the high-traffic intersection of Normantown Rd and Weber Rd, this B3-zoned lot boasts 73,616 square feet and offers excellent visibility. The site includes a 3,979 square foot existing building, suitable for reuse or demolition, depending on your development plans. The property features 69 parking spaces and 800 AMP power. Village incentives and potential TIF area benefits may be available. The existing building, previously a fast-food restaurant with a drive-thru, offers potential for various uses, including but not limited to: animal hospital, urgent care, hotel, EV charging station, strip center, or childcare facility. Detailed zoning information is available from the Village of Romeoville. This prime location, with its high daily traffic count, ensures significant exposure for your business. The property's 278-foot frontage provides ample space for signage and convenient access. Property taxes are $34 per square foot. Adjacent land is also available for purchase, potentially expanding the total acreage to over 3 acres. This is an ideal location for a variety of commercial ventures.

    Property Features for 1290 Normantown Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,979 SF
    Total Rate
    13001.38

    Building Details

    Year Built
    1999
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,979 SF
    Rate per SF
    $39

    HighLights

    • 1.69‑acre commercial lot in Romeoville, IL, at the high‑traffic intersection of Normantown Rd and Weber Rd.
    • 73,616 square foot B3‑zoned lot with excellent visibility.
    • Existing 3,979 square foot building, previously a fast‑food restaurant with drive‑thru, suitable for reuse or demolition.
    • 69 parking spaces and 800 AMP power; potential for Village incentives and TIF benefits.
    • 278‑foot frontage, $34/SF property taxes; adjacent land available for purchase (separate listing).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burger King Restaurant

    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
    Romeoville
    County
    Will
    State
    Illinois
    Longitude
    -88.12471640251
    Latitude
    41.652373203018

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    FAQs

    What type of property is this?
    Restaurant - 1.69-acre retail land lease/build-to-suit
    Where is this restaurant located?
    The property is located at 1290 Normantown Rd Romeoville, IL.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    What are key features of this property?
    This property features: 1.69-acre commercial lot in Romeoville, IL, at the high-traffic intersection of Normantown Rd and Weber Rd.; 73,616 square foot B3-zoned lot with excellent visibility.; Existing 3,979 square foot building, previously a fast-food restaurant with drive-thru, suitable for reuse or demolition.
    Request Owner's contact information
    1290 Normantown Rd Romeoville, IL 60446
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    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
    1290 Normantown Rd Romeoville, IL 60446
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