Property profile

12690 Illinois Rte Plainfield, IL 60585

OFF-MARKET
Lifestyle centers
222,892 SF Built 2003
Saved · see the list in your Dashboard

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

Location

12690 Illinois Rte Plainfield, IL 60585
Plainfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12690 Illinois Rte?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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