0 Phase I I Cherry Hl Rd, Joliet, IL 60433
This exceptional 33-acre industrial land parcel presents a unique investment opportunity in Joliet, Illinois. Strategically located in unincorporated Will County and zoned I-2, this property is ideally suited for a variety of commercial and industrial uses, including warehouse facilities, manufacturing plants, or large-scale retail developments ("big box" users). Its prime location directly off Interstate 80, between Frankfort and Morris, IL, ensures unparalleled accessibility and high visibility from the highway. The site boasts an engineered and approved access road aligned with Moss Lane on Cherry Hill Road, simplifying development and logistics. The asking price for this highly desirable property is $4,900,500. Given its size, zoning, and exceptional location, this 33-acre tract represents a rare chance to acquire a premier industrial site in a thriving market. The property's visibility from I-80 provides significant marketing advantages for any future development. The I-2 zoning allows for a wide range of industrial uses, making it an attractive option for a variety of businesses. This is a turnkey opportunity for immediate development. The existing infrastructure, including the approved access road, significantly reduces development time and costs. Don't miss this chance to secure a prime location for your next industrial project. The property is located at Phase I I Cherry Hill Rd, Joliet, IL 60433.
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
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.