You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

24508 Lockport St Plainfield, IL 60544

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

Property summary

AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a unique development opportunity in Plainfield, Illinois. Located at 24508 Lockport Street, this highly visible site boasts a prime location near the intersection of Lockport Street and Van Dyke Road, benefiting from significant daily traffic counts of 18,300 vehicles. The property is ideally situated within a thriving area, surrounded by established retail businesses and dense residential communities, ensuring a strong potential tenant base. This ready-to-develop site offers immediate access to essential utilities including sewer and water, along with convenient IDOT ingress, direct road access, cross-access parking, and off-site retention. The asking price for this exceptional opportunity is $850,000. Its strategic location and comprehensive infrastructure make it an attractive investment for developers and investors seeking to capitalize on the growing business corridor in Plainfield. The property's high visibility ensures excellent brand exposure for future tenants, making it an ideal location for a variety of commercial ventures. This is a rare chance to acquire a fully serviced lot in a high-traffic area, poised for immediate development and significant return on investment. Don't miss this chance to secure a prime piece of commercial real estate in a flourishing market.

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 24508 Lockport St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message