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    OFF-MARKET
    Land

    1 2 & 3, Plainfield, IL 60586

    7.88 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.88-acre parcel, comprised of Lots 1, 2, and 3, presents a compelling investment opportunity in Plainfield, Illinois. Strategically located at the southwest corner of Route 59 and Dayfield Drive, this property boasts unparalleled visibility and convenient access. The B-3 zoning designation unlocks a wide array of potential uses, making it ideal for a diverse range of commercial ventures. All utilities are readily available on-site, and the crucial aspect of stormwater management is already addressed with off-site provisions. This significantly reduces development complexities and accelerates project timelines. The property's high-traffic location ensures maximum exposure, attracting significant customer traffic. It's important to note that this offering includes all three lots (Lots 1, 2, and 3) and must be purchased as a single entity. While adjacent Lots 4, 5, and 6 on the north side of Dayfield Drive are also available, they are sold separately. The asking price for this exceptional 7.88-acre site is $2,975,000, reflecting a recent significant price reduction. This presents a rare opportunity to acquire a prime commercial land parcel in a thriving Illinois market. The property's size, zoning, and location combine to create a truly exceptional investment prospect.

    Property profile
    Verified
    Property type Land
    Lot 7.88 ac (343,253 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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