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    OFF-MARKET
    Land

    0 Phase I I Cherry Hl Rd, Joliet, IL 60433

    33 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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