6989 Joliet Rd, Indian Head Park, IL 60525
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.