53 And Laraway Rd Joliet, IL 60436
This exceptional 2.53-acre industrial land parcel presents a compelling investment opportunity in Joliet, Illinois. Strategically located at the southwest corner of Route 53 and Laraway Road, this property boasts a highly desirable B-3 zoning designation, opening doors to a wide range of commercial and industrial uses. The site's convenient access to major transportation arteries ensures seamless logistics and efficient distribution networks. Its proximity to the bustling CenterPoint Intermodal facilities and the renowned Chicagoland Speedway further enhances its appeal, providing access to a significant workforce and a high volume of traffic. The property is identified by APN numbers 30-07-33-202-004 and 30-07-33-202-005, and is situated within the Joliet city limits, offering the benefits of municipal services and infrastructure. The asking price for this exceptional land parcel is $836,000. This represents a rare chance to acquire a well-positioned industrial site with significant development potential in a thriving market. Don't miss this opportunity to secure a prime location for your next venture. The property is ready for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.