0003 State Rte Plainfield, IL 60586
- Land
- 6.00 lot acres
Current Use by Public Records
- Land
Property Details for 0003 State Rte
- Lot size
- 6.00 lot acres
- Property type
- Land
Description
Exceptional 6.314-acre commercial land parcel in Plainfield, IL, is available for sale at $5,500,760. Located at the northeast corner of Route 59 and Theodore Street, this property is part of a 40-acre development slated for completion in late 2021. This lot offers a prime location within a thriving retail corridor, boasting proximity to major retailers such as CarMax, Walmart Supercenter, Starbucks, and numerous other businesses. The site benefits from existing infrastructure, including off-site detention and utilities. The area features significant retail density, with over 220,000 square feet of grocery stores and 500,000 square feet of retail space within a one-mile radius. This property presents a unique opportunity for development, with potential uses including pad-ready outlots or a ground lease. The site's high visibility and strategic location make it an ideal investment for businesses seeking to capitalize on the strong growth in the Plainfield area. Annual property taxes are $977.84. This is one of two lighted corner sites available, with a future lighted corner also available. A proposed senior living facility is also planned for the development. Will County location, zip code 60586.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plainfield
- County
- Will
- State
- Illinois
- Longitude
- -88.2014
- Latitude
- 41.5902
