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Property profile & analytics
OFF-MARKET
Land

1306 Mckinley St Joliet, IL 60436

56.3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 56.3 ac (2,452,428 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
Current use
Occupant on record · Public records
  • C & S Chemicals Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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