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    Property profile & analytics

    2 Cherry Hill Rd Joliet, IL 60433

    • Land
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2 Cherry Hill Rd

    Lot size
    2.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 2-acre industrial lot in Joliet, Illinois, presents a prime development opportunity. Located in unincorporated Will County, this I-2 zoned property boasts direct frontage on I-80, offering unparalleled visibility and accessibility. The lot is situated approximately 1.5 miles from the I-80 interchange at Briggs Street and minutes from the full I-80/I-355 interchange, ensuring seamless connectivity to major transportation arteries. A private, paved entrance on Cherry Hill Road will be provided, enhancing convenience and operational efficiency. Off-site detention is included, simplifying the development process. The property is 100% buildable, allowing for immediate construction. Ideal for businesses requiring laydown yard and outdoor storage capabilities, this lot combines strategic location with development-ready infrastructure. The asking price is $478,000. All lots require the construction of a building and on-site parking must be on asphalt.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.024
    Latitude
    41.5257

    Comparable in this City

    • Value Estimation by Request
      33.00 Acres

      Phase I I Cherry Hl Rd

      Land • 33.00 Acres
      0 Phase I I Cherry Hl Rd, Joliet, IL 60433
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    • Value Estimation by Request
      16.00 Acres

      830 Manhattan Rd

      Land • 16.00 Acres
      830 Manhattan Rd, Joliet, IL 60433
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    • Value Estimation by Request

      20620 Burl Ct

      Distribution properties
      20620 Burl Ct, Joliet, IL 60433
      View Details
    • Value Estimation by Request
      15.00 Acres

      Briggs St

      Land • 15.00 Acres
      0 Briggs St, Joliet, IL 60433
      View Details
    • Value Estimation by Request
      5.00 Acres

      3 Cherry Hill Rd

      Land • 5.00 Acres
      3 Cherry Hill Rd, Joliet, IL 60433
      View Details
    • Value Estimation by Request
      160.00 Acres

      116 Zipf Rd

      Farms • 160.00 Acres
      116 Zipf Rd, Joliet, IL 60433
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      300 SF

      Industrial Land Build-to-Suit Opportunity

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    • $2,500,000
      15.00 Acres

      Joliet Industrial Land Development

      15 Acres, I-80 Proximity, High Potential
      0 Briggs St, Joliet, IL 60433
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    • $4,900,500
      33.00 Acres

      Prime I-80 Industrial Land

      33-acre I-2 zoned Joliet site. Excellent I-80 visibility.
      0 Phase I I Cherry Hl Rd, Joliet, IL 60433
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    • Contact for pricing
      26.55 Acres

      Joliet Commercial Land - 26.55 Acres

      Prime Joliet land, ideal for redevelopment. R-B zoning.
      1350 Briggs St, Joliet, IL 60433
      View Details
    • $5,000,000
      36,500 SF

      Joliet Industrial Property: 36,500 SF

      Prime Joliet warehouse/office space. Excellent investment opportunity.
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    • $3,900,000
      36,500 SF

      Joliet Warehouse with Corporate Office

      Two-story corporate office with warehouse space, conversion potential, financing available.
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    Similar Nearby for Lease

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      182,000 SF

      Joliet Warehouse Space Available

      182,000 sq ft warehouse space for lease in Joliet.
      1151 East Laraway Rd, Joliet, IL 60433
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    • Contact for pricing
      3 SF

      Joliet Warehouse and Office Space

      22,275 RSF warehouse and office space for lease in Joliet.
      17250 New Lenox Rd, Joliet, IL 60433
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    • Contact for pricing

      New Industrial Spec Building Available

      Under construction industrial building expandable to 1,195,560 SF for lease.
      21533 South Cherry Hill Rd, Joliet, IL 60433
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    • $9,501 /Mo
      11,307 SF

      New Industrial Space Near I-80

      New construction industrial space available near major intermodal hubs.
      2253 New Lenox Rd, Joliet, IL 60433
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    • $72,000
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      New Truck Terminal Construction

      New construction truck terminal with warehouse and office space.
      21958 Cherry Hill Rd, Joliet, IL 60433
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    • $17 SF/Yr
      137,214 SF

      Joliet Office Space For Lease

      Modern office spaces with ample parking and highway access.
      100 Manhattan Rd, Joliet, IL 60433
      View Details
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    2 Cherry Hill Rd
    Joliet, IL 60433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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