411 88Th Ave Peotone, IL 60468
- Land
- 1.37 lot acres
Current Use by Public Records
- Land
Property Details for 411 88Th Ave
- Lot size
- 1.37 lot acres
- Property type
- Land
Description
This exceptional 1.37-acre commercial land parcel presents a unique investment opportunity in the thriving Peotone, Illinois market. Situated at the full interchange of I-57 and Wilmington Road (Exit 327), this single-tenant outlot boasts unparalleled visibility and accessibility. The property benefits from high traffic counts on I-57, with 34,631 vehicles per day (VPD) just north and 35,330 VPD just south of the site. This strategic location is further enhanced by its proximity to a newly constructed Holiday Inn and a brand-new travel center featuring a convenience store, lounge bar, private showers, lockers, video gaming bar, private spa, and workout areas. The outlot offers the potential for pylon signage on two signs, with one prominently positioned on I-57, ensuring maximum brand exposure. This property is available for sale or ground lease, making it an ideal choice for a variety of commercial ventures seeking a high-traffic, high-visibility location. The address is 411 S 88th Ave, Peotone, IL 60468. This is a rare opportunity to acquire a strategically located commercial parcel in a rapidly developing area with significant growth potential. The property's size and location make it suitable for a wide range of commercial uses, capitalizing on the substantial traffic flow generated by the nearby interstate and the new travel center amenities. Don't miss this chance to secure a prime piece of real estate in a high-growth corridor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peotone
- County
- Kankakee
- State
- Illinois
- Longitude
- -87.8239
- Latitude
- 41.3247