0 Renwick Rd Plainfield, IL 60544
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.
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
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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.