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Property profile & analytics
OFF-MARKET
Land

0 Il-53 Joliet, IL 60436

10.13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.13-acre commercial land parcel presents a unique investment opportunity in Joliet, Illinois. Strategically located at the intersection of IL Route 53 and Laraway Road, this property boasts a highly desirable B-3 zoning designation, allowing for a diverse range of commercial, industrial, and residential uses. The site is annexed to the City of Joliet and offers the convenience of all utilities already in place. A traffic light at the intersection ensures high visibility and accessibility. The property's proximity to major transportation arteries is a significant advantage, with the I-80 interchange just 2.29+ miles away, providing seamless connectivity to regional and national markets. Individual lots ranging from 1.16 to 10.13 acres are available, offering flexibility for various development scenarios. The possibility of combining lots allows for larger-scale projects, catering to a wide spectrum of business needs. This prime location, coupled with its versatile zoning and infrastructure, makes this property an ideal choice for developers seeking a high-impact investment in a thriving market. The site is perfectly suited for retail outlets, restaurants, service/wholesale businesses, light industrial operations, and automotive-related enterprises. Don't miss this chance to acquire a significant piece of land in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 10.13 ac (441,263 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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