Property profile & analytics
12690 Route 59 Plainfield, IL 60585
- Commercial real estate
- 232,964 SF
- 28.66 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1264221
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Commercial real estate
Property Details for 12690 Route 59
- Lot size
- 28.66 lot acres
- Property size
- 232,964 SF
- Property type
- Commercial real estate
- APN
- 07-01-28-405-016
- APU
- 70128405016
Description
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 allows for a wide range of commercial uses, providing flexibility for potential tenants. The expansive square footage and ample parking provide significant potential for a variety of retail concepts. The building's existing infrastructure offers a solid foundation for a quick and efficient redevelopment or repurposing. Given its size and location, this property presents a rare opportunity to establish a major presence in a thriving community. The property's location in Plainfield, IL, zip code 60585, offers excellent access to major transportation routes and a strong consumer base. The substantial lot size provides ample room for expansion or additional development. This is an ideal opportunity for a business seeking high visibility and significant space in a desirable market. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $23,869,000
Market price range: $23.9M - $39.0M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Plainfield
- County
- Will
- State
- Illinois
- Longitude
- -88.2067
- Latitude
- 41.6535
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$262,681
$3,135,340
$1,675,140
$4,810,480
-
$9,406,020
$5,025,420
$14,431,440
