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Property profile & analytics
OFF-MARKET
Land

0 Steiner Rd & Lockport St Plainfield, IL 60544

15.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.5-acre commercial land parcel, located at the Northeast corner of Steiner Road and Lockport Street in Plainfield, Illinois (60544), presents a compelling investment opportunity. The property, encompassing two parcels (PIN 06-03-08-300-014 and 06-03-08-300-021, approximately 5.5 and 10 acres respectively), boasts a highly desirable location directly west of downtown Plainfield, surrounded by new development. Its strategic position on Route 126 ensures high visibility and accessibility, with strong traffic counts of 18,200 vehicles daily on Lockport Street and 32,100 vehicles daily on nearby Route 59. Utilities are readily available, with water at the intersection and sewer access at Meadow Lane. The property's zoning and the Future Use Map suggest potential for a variety of developments, including townhomes, senior housing, retail, and multi-family residential projects. Plainfield School District 202 serves the area. Low Will County taxes of $2,681 further enhance the investment appeal. This prime location offers significant development potential and strong return on investment. The asking price is $3,250,000. Contact us for additional information.

Property profile
Verified
Property type Land
Lot 15.5 ac (675,180 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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