Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    900 Cottage St Shorewood, IL 60404

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial Development Opportunity in Shorewood, IL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.25-acre property presents a unique commercial development opportunity in Shorewood, Illinois. Strategically located along I-55 and Route 59, this site boasts significant traffic volume, with I-55 seeing 68,200 vehicles and 13,800 trucks daily, and Route 59 experiencing 1,275 trucks daily. The property is divided into two distinct parcels. A 4.12-acre parcel is zoned ORI, encompassing a +/- 10,500 square foot building. Permitted uses under the ORI zoning include warehouses, commercial kitchens, and laboratories. A separate 3.13-acre parcel is zoned B-2 and includes two existing single-family homes. The property offers tremendous potential for a variety of commercial ventures, including retail, restaurants, dealerships, or even a hotel. Importantly, industrial, truck storage, or similar uses are not permitted. This location benefits from its inclusion in a Tax Increment Financing (TIF) district with approximately 18 years remaining. Water and sewer services are readily available on-site. This is a rare chance to acquire a substantial commercial land parcel in a high-traffic area with excellent zoning and infrastructure. Don't miss this opportunity to capitalize on the significant development potential of this prime location.

    Property Features for 900 Cottage St

    General Information

    Property type
    Land
    Lot Size
    315,810 SF

    HighLights

    • I‑55 & Route 59 development opportunity.
    • 4.12‑acre ORI‑zoned lot with a +/-10,500 SF building.
    • ORI zoning allows warehouses, commercial kitchens, and labs.
    • 3.13‑acre B‑2 lot with two single‑family homes.
    • Excellent potential for retail, restaurants, dealerships, or hotels.
    • No industrial, trucking, or storage uses permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Shorewood
    County
    Will
    State
    Illinois
    Longitude
    -88.1968906
    Latitude
    41.5128327

    Nearby Comparable

    • $895,000
      5.03 Acres

      5.03 Acres Joliet Commercial Land

      Prime Joliet acreage, agricultural zoning. Development potential.
      0 Manhattan Rd, Joliet, IL 60431
      View Details
    • Contact for pricing
      8.77 Acres

      Joliet Industrial Land - 8.77 Acres

      Prime Will County industrial site, I-55 access.
      0 Frontage Rd & Rte 52, Joliet, IL 60431
      View Details
    • $289,500

      Commercial Land I-55 Frontage

      Commercial land with high traffic count and B-2 zoning.
      4235 Caribou Ct, Joliet, IL 60431
      View Details
    • $226,512

      Commercial Land Near Joliet Airport

      Commercial land ideal for warehouse, parking, or construction businesses.
      3609 Mcdonough St, Joliet, IL 60431
      View Details
    • $1,475,000
      3.43 Acres

      Modern Office Building in Joliet

      7,680 SF office building in thriving Joliet area.
      3601 Mcdonough St, Joliet, IL 60431
      View Details
    • $1,800,000
      7.00 Acres

      Prime Joliet Commercial Land

      7-Acre Site, $1.8M, High Visibility
      0 Swc Rt 59 & Black Rd, Shorewood, IL 60404
      View Details
    • $1,400,000

      Shorewood Commercial Land - Prime Location

      ±6 Acres, Buildable to ±100,000 SF
      Shorewood Swc Rte 59 & Black Rd, Shorewood, IL 60404
      View Details
    • Contact for pricing

      Land in Growing Area

      Large site with potential for various uses in Joliet, IL.
      561 Berry Ridge Dr, Joliet, IL 60431
      View Details

    Nearby Similar for Sale

    • $5,113,928
      10,000 SF

      Shorewood Learning Experience For Sale

      100% leased to The Learning Experience on NNN lease.
      301 W Black Rd, Shorewood, IL
      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial Development Opportunity in Shorewood, IL
    Where is this land located?
    The property is located at 900 Cottage St Shorewood, IL.
    What are key features of this property?
    This property features: I-55 & Route 59 development opportunity.; 4.12-acre ORI-zoned lot with a +/-10,500 SF building.; ORI zoning allows warehouses, commercial kitchens, and labs.
    (708) 289-8912
    Request Owner's contact information
    900 Cottage St Shorewood, IL 60404
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    900 Cottage St
    Shorewood, IL 60404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    900 Cottage St Shorewood, IL 60404
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.