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Property profile & analytics
OFF-MARKET
Land

151 Boughton Rd Bolingbrook, IL 60440

Property ID
Property summary
AI-generated overview

This exceptional 2.018-acre commercial land parcel presents a remarkable investment opportunity in the thriving Bolingbrook, Illinois market. Situated at the southwest corner of Boughton Road and Falconridge Way, this property benefits from a highly visible location at a lighted intersection boasting an impressive 31,500 vehicles per day, according to Illinois Department of Transportation (IDOT) data. The B-2 zoning designation allows for a wide range of commercial uses, making it ideal for various business ventures. This site is strategically positioned within a vibrant mixed-use development, complementing 79 residential townhomes and another commercial outlot. The asking price is $2,000,000, translating to a land value of $22.84 per square foot. This prime location and high traffic count offer significant potential for substantial returns. The property's address is 151 E Boughton Rd, Bolingbrook, IL 60440, in Will County. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly growing area. The property is ready for development and offers immediate access to major roadways and a strong residential base. Broker co-op is available.

Property profile
Verified
Property type Land
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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