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Property profile & analytics
OFF-MARKET
Commercial real estate

25725 143Rd St Plainfield, IL 60544

21.59 ac lot
Individually Owned 5-yr Hold
Property ID
US28-4888787
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 Commercial real estate
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bonnie L Benson · 5 yrs held
Bonnie L Benson
since 2021
1 recorded transaction
2021
$2.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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