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Property profile & analytics
OFF-MARKET
Land

0 Nwq Of Drauden & Renwick Rds Plainfield, IL 60544

203 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 203 ac (8,842,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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