0 Briggs St, Joliet, IL 60433
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.