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    Dayfield Dr & Rte 59 Plainfield, IL 60586

    Sponsored
    For Sale
    $575,000

    Exceptional development opportunity in Plainfield, IL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.89-acre lot, identified as Lot 4 on Dayfield Drive and Route 59 in Plainfield, Illinois, presents a compelling investment opportunity. Located in Will County, zip code 60586, this property is zoned B-3 within the Village of Plainfield. The site boasts convenient access to all necessary utilities, with off-site stormwater management already in place. This significantly reduces development complexities and associated costs. The expansive 1.89 acres offer considerable potential for various commercial ventures. Furthermore, this lot presents a unique advantage: the possibility of combining it with adjacent parcels to create a significantly larger 5.8-acre development site. This consolidation could unlock even greater development potential and flexibility. For those seeking an even more substantial land holding, an additional 7.9 acres are available on the south side of Dayfield Drive, offering further expansion possibilities. The asking price for this remarkable property is $575,000. This prime location and flexible zoning make this an exceptional opportunity for discerning investors and developers seeking a strategic foothold in the thriving Plainfield market. The coordinates for this property are 41.5812764 latitude and -88.2009729 longitude.

    Property Features for 0 Dayfield Dr & Rte 59

    General Information

    Property type
    Land
    Lot Size
    82,328 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Plainfield
    County
    Will
    State
    Illinois
    Longitude
    -88.2009729
    Latitude
    41.5812764

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    FAQs

    What type of property is this?
    Land - Exceptional development opportunity in Plainfield, IL.
    Where is this land located?
    The property is located at Dayfield Dr & Rte 59 Plainfield, IL.
    What is the asking price?
    The asking price for this property is $575,000.
    Request Owner's contact information
    Dayfield Dr & Rte 59 Plainfield, IL 60586
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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
    Dayfield Dr & Rte 59 Plainfield, IL 60586
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