1306 Mckinley St Joliet, IL 60436
This exceptional 56.3-acre industrial land parcel in Joliet, Illinois, presents a compelling investment opportunity. Located at 1306 McKinley Street, Will County, zip code 60436, this property comprises twelve individual parcels totaling 56.3 acres, offering significant flexibility for development. The land is strategically zoned I-1 and I-2, catering to a wide range of industrial uses. Specifically, 38.54 acres are zoned I-2, and 17.76 acres are zoned I-1. A recent environmental remediation has been completed, with a No Further Remediation (NFR) letter pending. This prime location boasts unparalleled accessibility, situated less than two miles from the Union Pacific Intermodal facility and one mile from the I-80 entrance. The Joliet area industrial submarket is experiencing robust growth, with a low 5.2% vacancy rate and steadily increasing demand. Within a five-mile radius, there's an impressive 55.6 million square feet of existing industrial space, underscoring the area's thriving industrial sector. This property is fee simple ownership and represents a rare opportunity to acquire a substantial land holding in a high-demand location. The combination of size, zoning, location, and recent environmental remediation makes this an ideal site for distribution centers, logistics facilities, or other industrial developments.
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C & S Chemicals Factory Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.