0 Nwq Of Drauden & Renwick Rds Plainfield, IL 60544
Exceptional 203-acre land parcel located at the Northwest quadrant of Drauden & Renwick Roads in Plainfield, IL (60544), zoned A-1 Agriculture in Will County. This property presents significant development opportunities, boasting easy access to Route 59 via Renwick Road and proximity to downtown Plainfield. Surrounded by existing residential development, this site offers potential for mixed residential uses, including single-family homes, duplexes, and townhomes. Conceptual plans suggest up to 653 residential units (various mixes of single-family, duplex, and multifamily). The property benefits from its location in the highly-rated Plainfield School District 202 (#2 in Will County), and enjoys excellent traffic counts: 28,200 vehicles daily on Route 59 and 15,100 on Route 126. The parcel includes PIN numbers 06-03-17-300-001, 06-03-18-400-002, and 06-03-18-400-003, and has an annual tax liability of $10,441. The asking price is subject to offer. Detailed information and conceptual plans are available upon request. This is a rare opportunity to acquire a large, strategically located parcel in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.