Property profile

12690 Illinois Rte Plainfield, IL 60585

OFF-MARKET
Retail properties & Spaces
222,892 SF 28.66 ac lot Built 2005
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Property summary

AI-generated overview

This exceptional investment opportunity presents a substantial 222,892 square foot former Walmart Supercenter situated on a sprawling 28.66-acre lot in Plainfield, Illinois. The property, built in 2005, features two single-story buildings with a net rentable area of 187,070 square feet. Its prime location along the Illinois Route 59 North Corridor, within the high-traffic Kensington Center North, ensures significant exposure to the over 406,000 monthly visitors. The property boasts a highly desirable B-3/PUD zoning designation, ideal for a variety of retail uses within a Highway Business District. Strategic placement at a signalized intersection provides excellent visibility and accessibility, further enhanced by four convenient entrance/exit points. The property's APN numbers are: 0701284050220000, 0701284050200000, 0701284050160000, 0701284050230000, 0701284050210000, 0701284050190000, 0701284050240000, and 0701284050250000. This expansive space presents a unique chance to capitalize on a high-demand retail location in a thriving area. The address is 12690 Illinois Route 59, Plainfield, IL 60585.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2005
Total area 222,892 SF
Lot 28.66 ac (1,248,430 SF)

Cap rate & NOI

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

Location

12690 Illinois Rte Plainfield, IL 60585
Plainfield metro
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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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