0 Stuenkel Rd Monee, IL 60484
This exceptional 55.64-acre parcel presents a significant investment opportunity in University Park, Illinois. Strategically located at the southeast corner of West Stuenkel Road and Central Avenue in Will County (zip code 60484), this property boasts a prime industrial/commercial zoning designation. The land is situated just east of the new I-57 interchange with Stunkel Road, offering unparalleled access to major transportation arteries including I-80, I-294, and I-355. This four-way lighted intersection provides exceptional visibility and accessibility. Water and sewer utilities are readily available along both Stunkel Road and Central Avenue, serviced by Aqua Illinois. The property comprises two adjacent L-shaped parcels within 200 yards of the I-57 interchange. This location benefits from the University Park's Tax Increment Financing (TIF) and Enterprise Zone designations. The area is experiencing significant growth, evidenced by recent developments including a new 1.2 million square foot Georgia Pacific facility, a Dots Food expansion, a 1.2 million square foot Amazon facility, and a planned 1 million square foot Chicago Steel and Wire building. Furthermore, Caravan recently broke ground on an 110-acre project nearby. Ten acres at the southeast corner have already been sold to a national gas/diesel service chain, demonstrating the high demand for this location. This property offers substantial potential for various industrial and commercial uses. The asking price is $5,995,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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