Technical
Financial
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Property profile

0 Wallin Dr Plainfield, IL 60544

OFF-MARKET
Land
8.7 ac lot
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Property summary

AI-generated overview

This exceptional 8.7± acre commercial land parcel presents a unique investment opportunity in Plainfield, Illinois. Located at the northwest corner of Wallin Drive and Route 126, this property boasts a highly desirable B-3 zoning designation, offering a wide range of development possibilities. The site is strategically positioned adjacent to the approved Keller Farm subdivision, a Lennar Homes development encompassing 322 single-family homes and 83 townhomes. This ensures a built-in customer base and significant future growth potential. Approved plans include convenient access via a right-in/right-out access point on Route 126 and a full-access intersection on Wallin Drive, providing excellent visibility and accessibility. The property's APN is 06-03-08-400-005. The asking price is $2,842,290. The anticipated delivery date is the fourth quarter of 2024. This prime location in Will County, with its 60544 zip code, offers unparalleled potential for commercial development in a thriving residential community. Don't miss this chance to secure a prominent position in a rapidly expanding area.

Property profile

Verified
Property type Land
Lot 8.7 ac (378,972 SF)

Cap rate & NOI

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

Location

Wallin Dr Plainfield, IL 60544
Plainfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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