Financial
Distress signals
Property profile

12690 Rte 59 Plainfield, IL 60585

OFF-MARKET
Commercial real estate
Property ID
US28-1264221
232,964 SF 28.66 ac lot
Last sale Oct 2025 · $7,880,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity presents a substantial 222,892-square-foot former Walmart Supercenter building situated on a generous 28.66-acre lot in Plainfield, Illinois. Built in 2003, the entire space is currently vacant, offering a unique chance for a single tenant to occupy a highly visible and established location. The property boasts a prominent address at 12690 Route 59, within Will County, and benefits from a B-3/PUD, Hwy Business District zoning designation. This zoning…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$263k
Tax billed · 2023
Assessed value$4.81M
Assessed land$3.14M
Assessed improvement$1.68M
Effective rate5.46%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$127/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$102 – $167

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWILL

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm16.5
Storage Facility12.9
Auto Parts Store12.6

Location

12690 Rte 59 Plainfield, IL 60585-5412
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12438 Rte 59, Plainfield, IL 60585-4607 $750,000 Sep 2025 No data
12337 Rte 59th, Plainfield, IL 60585-4626 $9,040,000 Jun 2025 No data
12820 Rte 59th, Plainfield, IL 60585-6153 $1,800,000 May 2025 No data
11840 Rte 59, Plainfield, IL 60585-5652 $3,951,870 Mar 2025 No data
25625 Rte 30, Plainfield, IL 60585-9780 $230,000 May 2020 588 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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