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Property profile

2421 Plainfield Rd Crest Hill, IL 60435

OFF-MARKET
Land
1.21 ac lot
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Property summary

AI-generated overview

This exceptional 1.21-acre commercial land parcel presents a remarkable retail development opportunity in the thriving Crest Hill area of Will County, Illinois. Located on Plainfield Road near the highly trafficked Six Corners intersection, this property boasts an estimated 22,300 vehicles passing daily, ensuring high visibility and accessibility for any commercial venture. The property's address is 2421 Plainfield Rd, Joliet, IL 60435, with APN numbers 06-03-25-420-035-0010 and 06-03-25-420-035-0020. The site is zoned for commercial use, offering flexibility for a variety of development plans. Conveniently situated near the intersection of Weber Road and Larkin Avenue, and within 10 minutes of I-80, this location provides unparalleled access to major transportation arteries. Existing storage buildings on the northern section of the lot are slated for removal, opening up the full potential of the site. Sewer and water are readily available through Crest Hill, simplifying the development process. The asking price for this prime commercial land is $844,500, representing a significant investment opportunity in a high-growth area. This property's strategic location and high traffic count make it an ideal choice for developers seeking a prominent retail presence in a bustling community. Don't miss this chance to acquire a piece of prime commercial real estate in a highly desirable location.

Property profile

Verified
Property type Land
Lot 1.21 ac (52,708 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2421 Plainfield Rd Crest Hill, IL 60435
Crest Hill metro
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Value estimations

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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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