3 Cherry Hill Rd Joliet, IL 60433

OFF-MARKET

Land

5 ac lot

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This exceptional 5-acre industrial land parcel, located at Lot 3 Cherry Hill Rd, Joliet, IL 60433, presents a unique investment opportunity. Situated in unincorporated Will County, this property boasts unparalleled visibility due to its I-80 frontage, ensuring high traffic exposure for any business. The asking price is $1,540,000. A significant advantage is the planned private paved entrance on Cherry Hill Rd, providing convenient and secure access. The site is 100% buildable and suitable for truck businesses. Off-site detention is provided, simplifying development. Utilities are readily available, with gas and electric services nearby. The property requires a well and septic system, typical for this unincorporated area. This location offers a strategic blend of accessibility and visibility, making it ideal for a variety of industrial uses. The expansive lot size provides ample space for development and future expansion. Don't miss this chance to acquire a highly desirable industrial property in a thriving location. Contact us today to learn more about this exceptional opportunity.

Property type Land

Lot 5 ac (217,800 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

3 Cherry Hill Rd Joliet, IL 60433

Joliet metro

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6 recent transactions · within 1.5 mi

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