1306 Mckinley St Joliet, IL 60436
- Land
- 56.30 lot acres
Current Use by Public Records
- C & S Chemicals / Chemical Plant
Property Details for 1306 Mckinley St
- Lot size
- 56.30 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
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
- Joliet
- County
- Will
- State
- Illinois
- Longitude
- -88.089
- Latitude
- 41.5015
