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    OFF-MARKET
    Lifestyle centers

    12690 Illinois Rte, Plainfield, IL 60585

    222,892 SF Built 2003
    Property ID
    Property summary
    AI-generated overview

    This exceptional 222,892 square foot freestanding retail building, formerly a Walmart Supercenter, presents a unique investment opportunity. Situated on a 28.66-acre lot in Plainfield, Illinois, at 12690 Illinois Rte 59, zip code 60585, this single-story, 2003-built structure boasts a prime location within the IL-59 North Corridor retail trade area. The property benefits from high visibility and accessibility, featuring a signalized intersection and four convenient entrance/exit points. Its B-3 zoning designation allows for a variety of commercial uses. The Kensington Center North shopping area, nearby, draws over 406,000 monthly visitors, ensuring significant foot traffic potential. The property's APN numbers are: 0701284050220000, 0701284050200000, 0701284050160000, 0701284050230000, 0701284050210000, 0701284050190000, 0701284050240000, 0701284050250000. While the number of parking spaces is currently listed as zero, this is likely an oversight and should be verified. This property is ideal for redevelopment or repurposing, offering significant potential for a savvy investor.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 2003
    Total area 222,892 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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