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    Property profile & analytics

    20502 Cherry Hl Rd Joliet, IL 60433-9761

    • Industrial properties
    • 5.14 lot acres
    OFF-MARKET
    Value Estimation
    $2,025,000
    Last Sale
    May 22, 2025
    $1,550,000
    Location Intelligence
    Property ID
    US28-5237215
    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

    • Denler, Inc. / Construction Company

    Property Details for 20502 Cherry Hl Rd

    Year built
    2017
    Lot size
    5.14 lot acres
    Property type
    Industrial properties
    APN
    30-07-13-401-005
    APU
    300713401005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Joliet
    County
    Will
    State
    Illinois
    Longitude
    -88.0262
    Latitude
    41.5141
    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
    $29,235
    $19,666
    $311,344
    $331,010
    -
    $58,998
    $934,032
    $993,030

    Comparable in this City

    • Value Estimation by Request
      1.25 Acres

      1927 Cherry Hl Rd

      INDUSTRIAL (GENERAL) • 1.25 Acres
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      View Details
    • Value Estimation by Request
      53.05 Acres

      2600 Hvn Ave

      INDUSTRIAL (GENERAL) • 53.05 Acres
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    • Value Estimation by Request
      0.98 Acres

      2221 A-e Murial Ct, Unit B

      INDUSTRIAL (GENERAL) • 0.98 Acres
      2221 A-e Murial Ct, Joliet, IL 60433-8449
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    • Value Estimation
      $165,000
      1.47 Acres

      16664 Cherry Crk Ct

      INDUSTRIAL (GENERAL) • 1.47 Acres
      16664 Cherry Crk Ct, Joliet, IL 60433-8458
      View Details
    • Value Estimation
      $1,930,000
      7.00 Acres

      912 Washington St

      INDUSTRIAL (GENERAL) • 7.00 Acres
      912 Washington St, Joliet, IL 60433-1283
      View Details
    • Value Estimation
      $350,000
      0.86 Acres

      20620 Burl Ct Ste, Unit 3

      INDUSTRIAL (GENERAL) • 0.86 Acres
      20620 Burl Ct Ste, Joliet, IL 60433-9748
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Prime I-80 Industrial Land

      33-acre I-2 zoned Joliet site. Excellent I-80 visibility.
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      Joliet Commercial Building For Sale

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    Similar Nearby for Lease

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      New Industrial Spec Building Available

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    • $9,501 /Mo
      11,307 SF

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      New construction industrial space available near major intermodal hubs.
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    • $72,000
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      New Truck Terminal Construction

      New construction truck terminal with warehouse and office space.
      21958 Cherry Hill Rd, Joliet, IL 60433
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    • New
      Contact for pricing
      137,214 SF

      Modern Office Space in Joliet

      Customizable office spaces with ample parking and highway access.
      100 Manhattan Rd, Joliet, IL 60433
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    Joliet, IL 60433-9761
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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