Property summary
This exceptional 3.37-acre commercial land parcel presents a unique investment opportunity in Will County, Illinois. Strategically located on US Route 52, this property boasts highly desirable I-2 zoning, opening doors to a wide range of commercial ventures. Its unincorporated location offers flexibility and potential cost advantages. The site benefits from convenient access to major transportation arteries, including direct frontage on US Route 52 and immediate proximity to the Joliet and Elwood intermodal facilities. Furthermore, the property enjoys direct access to full interchanges at Briggs/I-80 and Route 53/I-80, ensuring seamless connectivity for logistics and transportation-related businesses. Given the limited availability of comparable properties in the market, this 3.37-acre parcel represents a rare chance to acquire a strategically positioned commercial land holding with significant development potential. The property's address is 1209 Manhattan Road, Joliet, IL 60433. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial uses. The asking price is $900,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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