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Property profile & analytics
OFF-MARKET
Land

0009 State Rte Plainfield, IL 60586

2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 14.978-acre commercial lot, located at 0009 South State Route 59 in Plainfield, Illinois (Will County, zip code 60586), presents a remarkable investment opportunity. Priced at $4,000,000, this property is part of a 40-acre development slated for completion in late 2021. Situated at the northeast corner of Route 59 and Theodore Street, it offers unparalleled visibility and accessibility. The site boasts pad-ready infrastructure with utilities readily available. This location benefits from proximity to major retailers, including a Super Walmart, Advanced Auto, Starbucks, Culver's, and a significant concentration of grocery stores and retail spaces within a one-mile radius (220,000 sq ft of grocery and 500,000 sq ft of retail). The property is also strategically positioned near a CarMax, a proposed senior living facility, and offers one lighted corner site and one future lighted corner site. Annual property taxes are $977.84. This is an ideal location for a variety of commercial ventures. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 2 ac (87,120 SF)
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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