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0 Van Dyke Rd Plainfield, IL 60544

OFF-MARKET Land Google Maps
24 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 24-acre commercial land parcel presents a unique investment opportunity in the thriving town of Plainfield, Illinois. Strategically located on the east side of Van Dyke Road, north of Route 126, this property offers unparalleled accessibility and visibility. The land is comprised of two parcels: one measuring 14.71 acres and the other 9.25 acres, providing flexibility for various development scenarios. Its prime location offers convenient access to the vibrant downtown Plainfield area, boasting a wide array of shops and restaurants within walking distance. Adding to its appeal is the proximity to a park 'n ride, enhancing its attractiveness to commuters and employees. The asking price for this expansive commercial land is $6,600,000. With its size, location, and potential, this property represents a compelling investment for developers seeking a high-impact project in a rapidly growing community. The property's address is E Van Dyke Rd, Plainfield, IL 60544, situated in Will County. This is a rare opportunity to acquire a significant land holding in a desirable location with exceptional potential for future development and strong return on investment. The property's coordinates are 41.5890798 latitude and -88.2315221 longitude.

Property profile

Verified
Property type Land
Lot 24 ac (1,045,440 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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