For Sale
$650,000

0008 State Rte Plainfield, IL 60586

1.5-acre lot, ideal development opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 1.492-acre lot, located at 0008 South State Route 59 in Plainfield, Illinois (Will County, zip code 60586), presents a compelling investment opportunity. Priced at $650,000, this property is situated at the northeast corner of Route 59 and Theodore Street, within a larger 40-acre development slated for completion in late 2021. The site boasts excellent visibility and accessibility, benefiting from its location near major retailers. Nearby establishments include a Super Walmart, Advanced Auto Parts, Starbucks, Culver's, Family Video, Midland States Bank, and LA Fitness. Within a one-mile radius, there's over 720,000 square feet of existing retail space, including grocery stores. This property is part of a planned development that includes a proposed senior living facility and offers the advantage of pad-ready infrastructure, including off-site detention and utilities. The site is also conveniently located near CarMax, the nation's largest used-car retailer. Annual property taxes are $977.84. This is a rare opportunity to acquire a highly visible corner lot in a rapidly growing area. One lighted corner site is currently available, with a second future lighted corner also available. Consider this property for immediate development or a ground lease.

Highlights

  • Asking price: $650,000
  • Land parcel size: 1.492 acres
  • Located at the northeast corner of Route 59 and Theodore Street in Plainfield, IL (Will County, 60586)
  • Part of a 40-acre development, with potential for ground lease. Utilities available.
  • High-traffic location near major retailers including CarMax, Walmart, Starbucks, and numerous other businesses.

Property Details for 0008 State Rte

Property type
Land
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Plainfield
County
Will
State
Illinois
Latitude
41.5901777
Longitude
-88.2013623

FAQs

What type of property is this?
Land - 1.5-acre lot, ideal development opportunity
Where is the land located?
The property is located at 0008 State Rte Plainfield, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Asking price: $650,000; Land parcel size: 1.492 acres; Located at the northeast corner of Route 59 and Theodore Street in Plainfield, IL (Will County, 60586)
How can I contact the broker?
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0008 State Rte
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