1610 Plainfield Rd Crest Hill, IL 60403
This exceptional 5.6-acre commercial land parcel presents a remarkable redevelopment opportunity in Crest Hill, Illinois. Located at 1610 Plainfield Road, this property boasts a highly desirable location at a hard corner intersection, ensuring excellent visibility and accessibility. Previously occupied by the Village Hall, the site is ideally suited for a variety of commercial uses, particularly those benefiting from high traffic counts and strong demographics. The expansive lot size allows for significant development potential, including the possibility of drive-thru facilities, making it particularly attractive to food and restaurant operators. Situated in Will County, Illinois, with a 60403 zip code, this property offers unparalleled convenience and access to a thriving community. The site's strategic location and ample space make it an exceptional investment for developers seeking a prime location to build a successful commercial venture. Its history as a Village Hall suggests existing infrastructure and utilities, potentially simplifying the development process. This is a rare opportunity to acquire a significant commercial land parcel in a high-growth area with strong potential for future returns. The property's prominent location and suitability for various commercial uses make it a truly compelling investment prospect. Detailed site plans and surveys are available upon request.
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
Similar Nearby for Sale
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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.