0008 State Rte Plainfield, IL 60586
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 0008 State Rte
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 1.492-acre lot, located at 0008 South State Route 59 in Plainfield, Illinois (Will County, zip code 60586), presents a compelling investment opportunity. Priced at $650,000, this property is situated at the northeast corner of Route 59 and Theodore Street, within a larger 40-acre development slated for completion in late 2021. The site boasts excellent visibility and accessibility, benefiting from its location near major retailers. Nearby establishments include a Super Walmart, Advanced Auto Parts, Starbucks, Culver's, Family Video, Midland States Bank, and LA Fitness. Within a one-mile radius, there's over 720,000 square feet of existing retail space, including grocery stores. This property is part of a planned development that includes a proposed senior living facility and offers the advantage of pad-ready infrastructure, including off-site detention and utilities. The site is also conveniently located near CarMax, the nation's largest used-car retailer. Annual property taxes are $977.84. This is a rare opportunity to acquire a highly visible corner lot in a rapidly growing area. One lighted corner site is currently available, with a second future lighted corner also available. Consider this property for immediate development or a ground lease.
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
- Plainfield
- County
- Will
- State
- Illinois
- Longitude
- -88.2014
- Latitude
- 41.5902
