0 Wallin Dr Plainfield, IL 60544
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.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.