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    OFF-MARKET
    Land

    0 Dayfield Dr & Rte 59, Plainfield, IL 60586

    1.89 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.89-acre lot, identified as Lot 5 on Dayfield Drive and Route 59 in Plainfield, Illinois, presents a compelling investment opportunity. Located in Will County, zip code 60586, this property is zoned B-3 within the Village of Plainfield. The site boasts convenient access to all necessary utilities, with stormwater management already addressed off-site. This parcel offers significant potential for various development projects. The property's size allows for a range of uses, subject to local zoning regulations. Furthermore, there's a possibility to expand the development footprint by combining this lot with adjacent parcels, resulting in a substantial 5.8-acre site. For those seeking an even larger scale project, an additional 7.9 acres are available on the south side of Dayfield Drive, offering further expansion potential. The asking price for this 1.89-acre lot is $575,000. This prime location in Plainfield, IL, presents a rare chance to acquire land suitable for a variety of commercial ventures. Interested parties are encouraged to conduct their own due diligence regarding zoning and development possibilities. The coordinates for this property are 41.5812764 latitude and -88.2009729 longitude.

    Property profile
    Verified
    Property type Land
    Lot 1.89 ac (82,328 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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