Technical
Financial
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Property profile

119th St. And Heggs Rd Plainfield, IL 60585

OFF-MARKET
Land
70 ac lot
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Property summary

AI-generated overview

This exceptional 70-acre property, situated at the southwest corner of 119th Street and Heggs Road in Plainfield, Illinois (Shorewood zip code 60585), presents a unique investment opportunity. Currently zoned A-1 in unincorporated Will County, this land boasts high agricultural productivity. The average productivity index (PI) is 133.2, classifying the soil as Class A. The property is conveniently located within the Plainfield municipal boundary and falls within the Oswego Community Unit School District 308. Parcel numbers are 01-30-100-011 and 01-30-100-012. The asking price is $5,600,000, translating to $80,000 per acre. A significant advantage is the absence of wetlands or floodplains on the site. This versatile land offers potential for various uses, given its agricultural and residential zoning designations. Its prime location and high-quality soil make it an attractive proposition for both agricultural and potential future development. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 70 ac (3,049,200 SF)

Cap rate & NOI

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

Location

119th St. And Heggs Rd Plainfield, IL 60585
Plainfield metro
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Value estimations

Realmo proprietary · 4 methods
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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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