New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Commercial land
247 Weber Rd 49, Bolingbrook, IL 60490-1508
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US28-3484763
Property summary
AI-generated overview
This exceptional 8.42-acre commercial land parcel in Bolingbrook, IL, presents a prime retail development opportunity. Located within the thriving 110-acre Country Aire Market, adjacent to Clow International Airport and near major retailers like Lowe's, Home Depot, and Starbucks, this B-2 zoned property is fully improved and ready for construction. All utilities, roads, and water retention are in place. The site's size allows for a substantial retail building (110,000+ sq ft), accommodating a large single tenant or a multi-tenant complex, with ample parking (270+ spaces). The area boasts strong demographics, with an average household income exceeding $115,000 within one mile (projected to reach $125,000 by 2025), and a population of 78,086 within a three-mile radius. This is the last large available parcel on Weber Road, making it an irreplaceable investment. The asking price is $2,795,000, with a land value of $10 per square foot. This property offers significant potential for immediate development and strong long-term returns. The address is 247 S Weber Rd, Bolingbrook, IL 60490.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
8.42 ac (366,775 SF)
APN
12-02-18-219-009
UPID
US28-3484763
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Aaa Weber Investment LLC
Aaa Weber Investment LLC
since 2025
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bolingbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bolingbrook submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,595,000
ML approach
$1,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.29M (Feb 11 2021)
Last sale anchor
$1.29M
Feb 11 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$43,690
Tax year 2023
Assessed value
$450,402
Assessed 2023
Previous assessed
$450,402
+0.0% YoY
Effective rate
9.70%
On assessed value
Assessed land
$450,402
Land market value
$1,351,206
Total market value
$1,351,206
Applied tax rate
1,214.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
8.42 ac (366,775 SF)
APN
12-02-18-219-009
UPID
US28-3484763
Jurisdiction
WILL
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
8.42 ac
Current owner
From public records · entity-resolved
Aaa Weber Investment LLC
Entity
Mailing address
2576 RUE BIENVILLE ST, DANVILLE, IL 61832-1203
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$1,349,250
Aaa Weber Investment LLC
Najma Rahim Investment 3 LLC
Warranty Deed
—
Feb 11, 2021
—
Najma Rahim Investment 3 LLC
1420 Renaissance Ltd
Quit Claim Deed
related
—
Jul 17, 2019
—
1420 Renaissance Ltd
Deen Investment LLC
Quit Claim Deed
related
—
Aug 8, 2016
$1,286,250
Deen Investment LLC
Great Lakes Bolingbrook LLC
Grant Deed
$770,000 · Iroquois Fed'l S&l
Oct 4, 2012
—
Great Lakes Bolingbrook LLC
—
Trustees Deed
related
$1,078,889 · Bank Financial Fsb
—
—
Great Lakes Bolingbrook LLC
—
Deed Of Trust
related
$2,000,000 · Downers Grove National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 247 Weber Rd, Unit 49?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
