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    OFF-MARKET
    Land

    0 Dayfield Dr & Rte 59, Plainfield, IL 60586

    2.05 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.05-acre lot, identified as Lot 6 on Dayfield Drive and Route 59 in Plainfield, Illinois (zip code 60586), is offered at $615,000. Located in Will County, this property presents a unique opportunity for development. Currently zoned B-3 within the Village of Plainfield, this parcel offers significant potential. The site boasts convenient access to utilities, with stormwater management already addressed off-site. This lot presents an excellent opportunity for a variety of commercial ventures. Furthermore, there's a possibility to expand the development footprint by combining this lot with adjacent properties, resulting in a substantial 5.8-acre parcel. For those seeking even greater scale, an additional 7.9 acres are available on the south side of Dayfield Drive, offering further expansion potential. The property's coordinates are 41.5812764 latitude and -88.2009729 longitude. This is a rare opportunity to acquire a well-situated, sizable lot in a thriving Illinois community.

    Property profile
    Verified
    Property type Land
    Lot 2.05 ac (89,298 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
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    CAP Approach CAP
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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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