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0 Renwick Rd Plainfield, IL 60544

OFF-MARKET Land Google Maps
21.09 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 21.09-acre commercial land parcel presents a unique investment opportunity in Plainfield, Illinois. Strategically located near the intersection of West Renwick Road and South Boulevard, this property benefits from high visibility due to a newly installed traffic light. Its convenient location offers easy access to major transportation arteries, including Interstate 55 and Route 30, ensuring seamless connectivity for businesses and commuters. The property is zoned AG & B-1, providing flexibility for a range of commercial developments. Situated less than two miles from Plainfield's downtown area and just 1.5 miles from the Louis Joliet Mall, this site enjoys proximity to established retail and residential areas, creating a strong potential customer base. Furthermore, essential utilities such as sewer and water are readily available nearby. The property's location near the railroad tracks east of Route 30 adds another layer of logistical advantage. The parcel is identified by APN numbers 06-03-14-300-003 and 06-03-14-300-004. This prime location, coupled with its size and zoning, makes this land ideal for a variety of commercial ventures. The asking price is $524,500. A video showcasing the property is available online.

Property profile

Verified
Property type Land
Lot 21.09 ac (918,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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