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    OFF-MARKET
    Land

    0 Briggs St, Joliet, IL 60433

    15 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 15-acre industrial land parcel presents a significant development opportunity in Joliet, Illinois. Strategically located just one mile from Interstate I-80, this site offers unparalleled access to major transportation arteries, facilitating efficient logistics and distribution. The property is also conveniently situated 10 miles from North Point and 11 miles from CenterPoint Intermodal, further enhancing its connectivity and appeal to businesses seeking a prime location. A conceptual site plan has already been developed, envisioning a 60,000-square-foot facility with ample parking for 302 trucks. This pre-planning significantly reduces development hurdles and accelerates the path to project completion. The asking price for this prime industrial land is $2,500,000. The property is located at 0 S Briggs St, Joliet, IL 60433, within Will County. Its ideal location, coupled with the existing conceptual plan, makes this a truly compelling investment opportunity for developers seeking to capitalize on the robust industrial market in this thriving area of Illinois. The property's size and location make it suitable for a variety of industrial uses, offering significant potential for long-term growth and return on investment. This is a rare chance to acquire a ready-to-develop site in a high-demand location.

    Property profile
    Verified
    Property type Land
    Lot 15 ac (653,400 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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