Technical
Financial
Distress signals
Property profile

0 Steiner Rd & Lockport St Plainfield, IL 60544

OFF-MARKET
Land
15.5 ac lot
Saved · see the list in your Dashboard

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

Location

Steiner Rd & Lockport St Plainfield, IL 60544
Plainfield metro
Google Maps

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 Steiner Rd & 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