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    OFF-MARKET
    Land

    6989 Joliet Rd, Indian Head Park, IL 60525

    1.51 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.51-acre commercial and industrial land parcel presents a unique development opportunity in Indian Head Park, Illinois. Located at 6989 Joliet Road, this hard-corner property boasts unparalleled visibility due to its strategic position at the intersection of Joliet Road and I-294. The B3 zoning allows for a variety of commercial and industrial uses. With daily traffic counts of 17,900 vehicles on Joliet Road and 146,100 on I-294, this site offers unmatched exposure for businesses seeking high brand visibility. Its proximity to I-55 access ramps further enhances its strategic location. The property's size and location make it ideal for a wide range of development projects, from retail establishments to industrial facilities. This is a rare opportunity to acquire a prime development site on a thriving business corridor in Cook County, Illinois, with an asking price of $1,050,000. The property's location directly borders I-294, placing it within feet of a massive daily traffic flow. With sufficient building height, visibility to I-55 traffic is also achievable. This presents a significant advantage for businesses seeking maximum brand exposure. This is a first-time offering of this highly desirable property.

    Property profile
    Verified
    Property type Land
    Lot 1.51 ac (65,776 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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