14727 Naperville Rd Plainfield, IL 60544
- Commercial land
- 0.32 lot acres
Current Use by Public Records
- Commercial land
Property Details for 14727 Naperville Rd
- Lot size
- 0.32 lot acres
- Property type
- Commercial land
- APN
- 06-03-10-305-006
- APU
- 60310305006
Description
This unique 21,000 square foot industrial property, located at 14727 Naperville Rd in Plainfield, Illinois, presents a compelling value-add investment opportunity. The 10-story, 1912-built grain elevator boasts a solid concrete structure with rebar, offering exceptional structural integrity. Sitting on a 0.35-acre lot, this vacant building features a flat cement roof and abundant electricity. Its commanding height—the tallest structure within a 40-mile radius—provides stunning views of the Willis Tower and downtown Chicago from its upper floors. The property's prime location offers easy access to Highway 55, and its proximity to booming downtown Plainfield ensures high visibility and potential for significant development. The permitted zoning is B, allowing for a variety of uses. The property includes 10 parking spaces. With its impressive size and strategic location at the intersection of Routes 126, 59, and Naperville/Plainfield Road, this property is ideally suited for adaptive reuse, potentially as a hotel, multi-family residential complex, restaurant, or a combination thereof. The asking price is $950,000, translating to $45.24 per square foot. The property is available immediately.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plainfield
- County
- Will
- State
- Illinois
- Longitude
- -88.2009
- Latitude
- 41.6143
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
