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    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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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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