Property profile

0 Briggs St Joliet, IL 60433

OFF-MARKET
Land
15 ac lot
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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

Location

Briggs St Joliet, IL 60433
Joliet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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