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Property profile

25725 W 143Rd St Plainfield, IL 60544

FOR SALE
Land
Property ID
US28-4888787
21.59 ac lot
Individually Owned 5-yr Hold
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Property summary

AI-generated overview

This exceptional 21.59-acre commercial land parcel is situated at the southwest corner of 143rd Street and Steiner Road in Plainfield, Illinois (zip code 60544). The property's strategic location is along the western extension of 143rd Street, bridging the gap between Steiner Road and Ridge Road. This prime site benefits from its adjacency to several active industrial development projects, including a 300,000-square-foot cold storage facility currently under construction, and a 1.5 million-square-foot industrial building nearing completion. Plans have also been approved for an additional 1 million-square-foot industrial building in the immediate area. Further underscoring the area's growth potential, over four hundred acres of nearby land are currently under contract for development. This is the only remaining commercially zoned parcel available for purchase in this rapidly developing area. The asking price for this significant development opportunity is $6,583,220. The property's address is 25725 W 143rd St, Plainfield, Will County, Illinois.

Property profile

Verified
Property type Land
Lot 21.59 ac (940,460 SF)
UPID US28-4888787

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

25725 W 143Rd St Plainfield, IL 60544
Plainfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
1 recorded transaction
2021
$2.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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