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Property profile

0 Holt Rd Minooka, IL 60447

OFF-MARKET
Land
58.24 ac lot
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Property summary

AI-generated overview

This exceptional 58.237-acre agricultural property, located at the southwest corner of Holt Road and Wabena Road in Minooka, Illinois (zip code 60447), presents a unique investment opportunity. The land boasts excellent visibility and accessibility, situated just half a mile east of Ridge Road and the I-80 exit at Ridge Road, providing unparalleled access to major transportation arteries. Its strategic location offers easy connectivity to both the east-west and north-south interstate systems around the Chicago metro area, making it ideal for logistical centers, office spaces, or light industrial development. The property is zoned for agricultural use, but the Minooka Village Comprehensive Plan designates this area for light industrial, office, and research (ORI) development. The current agricultural lease expires March 1st, 2025, providing a short-term income stream during the due diligence and approval process for any future development. The APN is 0936300009. This property offers a rare blend of immediate income potential and long-term development upside in a highly desirable location. The asking price is $6,515,300. The property's proximity to I-80 and its planned use for ORI development make it a compelling investment for those seeking a strategic foothold in the thriving Chicago industrial market. The site offers significant I-80 exposure.

Property profile

Verified
Property type Land
Lot 58.24 ac (2,536,804 SF)

Cap rate & NOI

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

Location

Holt Rd Minooka, IL 60447
Minooka 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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