Technical
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Property profile

116 Zipf Rd Joliet, IL 60433

OFF-MARKET
Land
160 ac lot
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Property summary

AI-generated overview

This exceptional 160-acre agricultural property in Joliet, Illinois, presents a unique investment opportunity. Located at 116 Zipf Road, Will County, and boasting convenient access to major transportation arteries, this expansive parcel offers significant potential. The land is situated just three miles from the full I-80 interchange at Route 53, providing excellent connectivity to I-80 and I-55. Its proximity to BNSF and UP intermodal facilities further enhances its logistical advantages. Utilities are already available on-site, simplifying development plans. The property's size allows for substantial development, with the capacity to accommodate over 2.5 million square feet of construction. Detailed surveys and site plans are available upon request. This is an ideal location for various agricultural uses or large-scale industrial development, given its size, accessibility, and utility infrastructure. The property's zoning and permitted uses should be independently verified. The zip code is 60433. The latitude and longitude coordinates are 41.4768013 and -88.0764475 respectively. Additional information regarding the 37-acre parcels mentioned in the investment highlights is available upon request.

Property profile

Verified
Property type Land
Lot 160 ac (6,969,600 SF)

Cap rate & NOI

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

Location

116 Zipf Rd Joliet, IL 60433
Joliet 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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