Property profile

0 Phase I I Cherry Hl Rd Joliet, IL 60433

OFF-MARKET
Land
33 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 33 ac (1,437,480 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Phase I I Cherry Hl Rd Joliet, IL 60433
Joliet metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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