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Property profile & analytics
OFF-MARKET
Land

1610 Plainfield Rd Crest Hill, IL 60403

5.6 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 5.6 ac (243,936 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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